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Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Oct 09, 1908

Page

14

Coal expert on stand in government antitrust suit

William Ruley of Philadelphia, head of a private Bureau of Anthracite Coal Statistics, testified in federal court as the authority on anthracite coal. He supplied industry statistics to the government and railroads, explained presidents percentages, and described freight differentials between upper and lower harbor ports. The next hearing in the city is scheduled for October 14.

Eced Coal Trust William Ruley Philadelphia Ruley Cocal Tidewater New York Philadelphia & Reading Lehigh Valley Central Railroad of New Jersey Delaware, Lackawanna & Western Pennsylvania Delaware & Hudson Erie New York, Ontario & Western Hoboken Edgewater Guittenburg Port Reading Port Johnston Perth Amboy South Amboy Alk Oy I

ICE MEN S TROUBLES OVER FREIGHT

The Interstate Commerce Commission hearing on ice freight rates continued with M W Bahrenburg of the ice company testifying that a 1920s consolidation of ten small firms raised costs and freight charges. He described artificial ice at 250 a ton and natural ice 5 to 6 cents cheaper, saying restoring pre 1898 rates would allow competition. current sales were about a quarter of capacity. The hearing resumes tomorrow morning.

Delaware, Lackawanna & Western Wilmington Atlantic City Brooklyn Hie

Colorado and Southern's Good Year

The Colorado and Southern Railway Company reports for the fiscal year ended June show operating revenue of 14,290,535 against 18,378,804 previous year, expenses and taxes 10,001,307 against 8,316,819 in 1907, and total income 1,634, with a net surplus of 1,491.98 equal to 48 percent on 31,000,000 common stock. Operating expenses as a percentage of revenues stood at 7.18, vs 67.16 last year. The surplus applicable to dividends is 2,171,903, compared with 2,001,858 in 1907 and 1,766,212 in 1906.

Colorado & Southern Railway Company

Exchange Brown Claims $500000 in Exchange Claims

New York Stock Exchange members file claims totaling over 500000 against the bankrupt A O Brown & Co. Receiver Littlefield places preferred claims at 246.8 percent, but exchanges losses may double that estimate. Seats valued near 150000 may not cover losses. members likely general creditors. Also reported is a likely 500000 settlement in the Dresser v Mercantile Trust case for losses tied to United States Bhi Jing Co. suit. Justice Thomas to hear on Long Island.

New York Stock Exchange Secretary's Office A. 0. Brown & Co Charles E. Littlefield Exchange A. O. Brown & Co Dresser Daniel le Roy Dresser Mercantile Trust Company Financial District

Harriman Gould story denied in Pittsburg deal plan

A Pittsburg report denied a plan by E H Harriman to take over the three Gould lines forming a new company with Mr Loree as president. Meanwhile Union transfers were ended with little trouble as extra police patrolled junctions. riders faced two fares where one existed but no riots occurred.

Harriman-Gould Pittsburg E. H. Harriman Goulds Mr. Loree UNION Httle Union Railway Company Yonkers Railroad Company Westchester Fletric Railroad Company Frederick W. Whitridge

Districts for Bank Examiners Formed by Controller

Controller of the Currency announces creation of eleven national bank examiner districts with a chairman in charge at major cities including Boston New York Philadelphia Pittsburgh Nashville Chicago Minneapolis Kansas City Fort Worth Denver and San Francisco. Chairs will file quarterly district reports highlighting overextended credit large loans and doubtful paper to the Controller. New York district led by Charles A. Manna will cover New York and surrounding areas.

Washington Lawrence O. Murray National Bank Examiners Boston New York Philadelphia Pittsburg Nashville Chicago Minneapolis Kansas City Fort Worth Denver San Francisco Charles A. Manna New

Hour's Crush on Bridge Ties Up Brooklyn Transit

An hours long Brooklyn power house accident halted elevated and trolley traffic on the Brooklyn Bridge yesterday. Crowds packed platforms as Brooklyn Bridge squad and Oak Street station reserves were called to maintain order. By 5:02 p.m. trains began crossing. another blockage occurred at 6:01 p.m. due to a Fifth Avenue elevated crash, with service resuming by 6:30 p.m.

Brooklyn Bridge Brooklyn Brooklyn Bridge Squad Oak Street Fifth Avenue

Hobson Plans $850000 Slander Suit Against Kelcher

Boston dispatch reports Rep Richmond Pearson Hobson will sue Rep John A Kelcher for $85000? for slander over a claim Hobson spoke in Boston for pay. Hobson said he came at his own expense for naval interests. Kelcher countered Hobson “speaks for pay” at $150 nightly plus rail fare. Hobson seeks explanation.

The Tribune Boston Richmond Pearson Hobson John A. Kelcher Conry Kelcher Hobson Mr. Kelcher

Decker Elected President of Railway Commissioners

Martin Decker of New York was unanimously elected president of the National Association of Railway Commissioners. Other officers include R Hudson Burr first vice president Charles Staples second vice president W H Connelly secretary and William Kilpatrick assistant secretary. The group urged faster handling of cases by state commissions to match federal action and urged Congress to pass similar expedited court procedures.

Tribune Bureau Washington Martin & Decker New York National Association of Railway Commissioners Decker Association R. Hudson Burr Florida Charles F. Staples Minnesota W. H. Connelly Interstate Commerce Commission William Kilpatrick Illinois Railway Commission Congress Supreme Court

Equipment for Canadian Line under $60 million expansion

President Thomas G. Shaughnessy of the Canadian Pacific Railway reports to stockholders that the first use of the $60 million capital increase will go to buying more equipment. He notes that from 1902 to 1908 about $27 million was spent on new gear and warns the road will soon be short of freight cars, stressing that meeting shippers' needs justifies continued investment and effort.

Thomas G. Shaughnessy Canadian Pacific Railway Wall Street

Feast of Tabernacles Marks Harvest Festival

The Jewish calendar notes the start of the Feast of Tabernacles on the 15th of Tiehri with sunset services across synagogues. Palm vendors report high trade as households decorate with palms and errog. Orthodox houses hold week long services and Simchath Torah on October 18 ends the festival season.

Tiehri Tabernacles

Belmont Jockey Felt Sues Belmont Over Blacklist Letter

John H. Felt, jockey, sues August Belmont for 100000 alleging a defaming blacklisting in The Racing Calendar. He testified that a dispute over not tipping his hat led to ongoing trouble, after years of service and a claim he was discharged. Belmont later placed him in the publication’s blacklist for leaving the employer without consent.

John H. Felt August Belmont Belmont Supreme Court Freit

Curb Board Bans Metal Dogs From Outside Market

The Broad Street curb committee led by E. & Bea restricts trading of metal dog stocks. Future trades require five day bulletin board listing for general inspection before any curb quotation. Objections to listing may be filed with the curb committee for determination of desirability to publish.

Broad Street Curb Committee Hias Bulletin Board

Bronx River Parkway Plan Seeks $35000 Survey Aid

The Bronx River Parkway Commission asks the Board of Estimate for 35000 to fund surveying and planning for a parkway along the Bronx River. It argues preservation is cheaper than filling or covering the river and outlines land offers from railroads and donated tracts to enable early action.

Board of Estimate Bronx River Parkway Commission Hughes Bronx River Madison Grant Williiam W. Niles James G. Cannon Bronx New York, New Haven & Hartford Railroad Commission Bronx Park New York Central & Hudson River Railroad Harlem Division White Plains County of Westchester Botanical Gardens Zoological Park

North German Lloyd to add third class on new steamers

It was learned yesterday that the North German Lloyd Line planned a third class on all new steamers to provide affordable space apart from steerage. The change will start with the George Washington on its first voyage, arriving in a few months.

Lloyd Line George Washington

No Extra Dividend Declared by North Pacific Directors

James J. Hill hinted in an interview that no additional dividend would be paid. Northern Pacific Railway directors approved the regular 1 percent quarterly dividend and re elected retiring officers. The stock dipped two points on the news, then recovered half that loss. Believers in an extra payout remained hopeful, saying action would be deferred until after the election with confidence of at least $10 a share by year’s start.

James J. Hill Northern Pacific Railway Company

Bankruptcy petitions filed in U S district court

Voluntary petitions were filed against Ernest G Kill P V Clo Company Frederick T McIntyre and Samuel Weinstock with assets and liabilities listed for each. Involuntary actions include Thomas Schonholtz Industrial Gas Company Louis De Koven Solomon Goldberg and David Groopman and others with receivers appointed for several businesses. Textile Fabric Company assigned to Paul C Smith Parke D Whitten noted as secretary in 1906 incorporation with capital stock $50 000.

Voluntary Ernest G. Kill West 23d Street Lutzer & Kill New Rochelle N. Y P. V._Clo Company Broadway Frederick T. McIntyre Elmhurst Long Island Fifth Avenue East 27Th Street Thomas Schonholtz Third Avenue Simon Eisenberg & Son Walter B. Walker Industrial Gas Company Church Street Union Petroleum Company Philip Dorf Hbidridge Street Laishin & Dorf Samuel Weinstock Rivington Street Emanuel Weller Louis E de Koven Solomon Goldberg David Groopman Bond Street Isaac Chartin & Co Julius Siegbert Louis Siegbert & Brother Goldman Bros. & Co Samuel Eiseman & Co Grand Street Charles L. Cohn Alfred H. Tormley Thomas E. Smith Park Place Textile Fabric Company Paul C. Smith Parke D. Whitten

Chicago Market Quotes Mixed Cattle Hogs and Sheep

Oct market notes show 7 000 head cattle in Chicago with mixed prices for steers cows and calves. Hog receipts near 19 000 with strong demand and values around 6 40 to 6 85. sheep and lambs steady to weak in some regions with lambs soft. Regional results include East Buffalo and Cincinnati with similar trends and prices for hogs cattle and sheep.

Market prices for metals grains and meats listed

Iron No 1 and 1 fdv 16 87. Cotton No 1 steel rails Lake copper tin. Exchange lead spelter. Wheat No 2 red corn No 2 mixed oats 26 to 32 lb. Flour Mpls patents 16 87 44. Coffee Rio 28. Sugar granulated 13 50 molasses 42. Beef home 47 5. Pork 85. Hogs dressed 160. Lard prime 55 5. Beef family 16 75 9 0.

Lake Copper Tin Exchange Aia London Cleveland New Orleans Philadelphia New York Calcutta Chicago Kansas City Omaha India Middle Western South America Continent Brazil Keys Patna Rangoon

Market Report Highlights Quiet Trade In Coffee And Cotton

New York October 8 1993 Coffee market quiet with light demand around 10 000 bags and slight losses late. Cotton futures slipped modestly amid bear pressure and uneven spot action with listed bids and varied regional prices. Local spot values eased a touch as selling persisted, while reports from Manchester and Europe reflected mixed signals on demand and weather conditions.

New York Havre Hamburg Santos Jundiahy Sao Paulo Manchester Europe Canadian Northwest S.sh Gulf St. Louis Wilmington Galveston Memphis Houston Mobile Savannah S‘sc Charleston Slec Norfolk Siac Baltimore Augusta Little Rock Sec New Orleans Cotton Exchange Liverpool Spot Cotte Kansas New York Produce Exchange

New York Market Reports for Beans Peas Butter and More

Receipts today include 2 684 sacks beans and 23 sacks peas with a momentary shortage of marrow beans and limited stock next week at 240 for medium, 235 for peas. Butter values steady to firm with creamery stock scarce, eggs at varied prices, and fruits with apples pears peaches cranberries and melons showing mixed movements.

New York Lima California Jay Western Futation Creamery Western Gener Liverpool

Market Report From London and Local Trades

The London metal and raw commodity markets closed with quiet to steady tones. Copper, lead, spelter, and tin fluctuated slightly while local prices remained mostly unchanged. pork, beef, and lard hints under firming tones, with Western hog receipts noted and canned meats ordered by foreign buyers. Sugar and oils held steady as refined sugar markets showed modest activity and a broad price range across grades.

Fresh market prices for poultry and produce in Philadelphia and region

The list details prices for ducks, geese, squabs, guinea fowls, and various vegetables. It cites regional notes from Long Island, Jersey, and Maine markets, with per pair, per basket, and per hundred weight figures. Specific items include ducks and ducklings, scalded and dry picked options, squabs, beets, carrots, cucumbers, celery, cauliflower, eggplants, corn, kale, lettuce, lima beans, peppers, peas, parsnips, squash, turnips, and tomatoes among others.

Rye Philadelphia Pennsylvania Western Michigan T. Sac Maine Dula Long Island Jersey Brussels Boston State Lima Wnions. Com Orange County SIGSI Virginia Syco Canada

Livestock market report from New York October trade

Receipts totaled 45 cars 797 head of beeves with 40 consigned to slaughterers and 3 for the market no trading, demand moderate and steady. Calves 250 head steady with good veals sold at 4 39 per 100 pounds dressed calves active and carcasses firm. Sheep and lambs receipts 2613 head with lambs active and higher while sheep were nominal. dressed mutton firm. Hogs receipts 12 percent cars about 1996 head with market lower in line with Buffalo. prime hogs 6 per 100 pounds and dressed hogs steady at 5 inches per 100.

Chicago Buffalo Cincinnati Kansas City Union Stock Yards Pittsburg Pennsylvania Alexander Gravenstein King Baldwin Hubbardson Holland Fall of York Pearl Bartlett New York Pine Island Upriver West Virginia Delaware Niagara Salem Concord Clinton Cape Cod Jersey Colorado Florida Florida, per box, $1@$5; do Porto Rico Do Porto Rico Express Long Island Texas Liverpool London

Chicago Grain and Provisions Market News

Chicago market report shows a net advance in wheat on October demand, driven by Minneapolis flour sales and foreign cash inquiries. Corn oats and provisions firm with strong cash grain demand and bullish government report, while Chicago and Minneapolis futures close higher amid ongoing regional harvest notes and North American supply signals.

Lake Superior election deemed illegal in Jersey City

Announcement says Lake Superior Corporation directors election held Wednesday in Jersey City was not legal due to insufficient voting shares. Management block of 34.08 shares protested, leaving controlling party with 154.00 shares, less than half of 4,900,000 stock. A new meeting will be called after the stock protest is resolved.

Lake Superior Lake Superior Corporation Jersey City

Missouri Kansas Texas Railroad Declares 2 Percent Preferred Dividend

The board of directors at a special Parsons Kansas meeting declared a regular semi annual dividend of two percent on the railroad’s preferred stock.

Parsons Kan Missouri, Kansas & Texas Railroad Company

Western railroads move to adopt uniform bill of lading

Chicago officials report that the Western railroads favor a uniform bill of lading modeled on the Eastern roads. The Western classification committee seeks ICC approval to adopt the Eastern provisions on November 11, replacing their current rules.

Chicago Oct Western Railroads Western Classification Committee Interstate Commerce Commission

Injunction In Calumet & Hecla Case

An injunction was granted by Judge Lowell in the United States Circuit Court restraining Albert S. Bigelow and ML Hyams from contesting Calumet and Hecla Mining Company ownership of 22,601 Osceola Consolidated Mining Company shares at the Calumet annual meeting on October 10. Judge Sewell said a formal decree would await the Michigan Federal Court decision upholding Calumet’s Osceola stock rights.

Calumet Hecla Cass Boston Lowell United States Circuit Court Albert S. Bigelow ML Hyams Calumet and Hecla Mining Company Osceola Consolidated Mining Company Calumet Company Sewell Michigan Federal Court

Krech denies rumor on Eastern Steamship reorganization

Alvin W. Krech, chairman of the Consolidated Steamship Lines committee, denied that the committee planned to drop the Eastern Steamship Company in the impending reorganization. The plan has bondholder approval and awaits sale of company assets, with a sale date not yet fixed by the United States Circus, Couch as Portland.

A. W. Krech Alvin W. Krech Bordhelders Committee Consolidated Steamship Lines Italy Eastern Steamship Company United States Circus Couch Portland

Also Mentioned on This Page

ICE Men Prouty Colorado & Southern Exchange Brown Littlefield Frank Sullivan Smith Congressman Kelcher M. S. Decker Canadian Line Parkway Commission Northpac United States District Court Telegraph General Market Report Northwest Winnipeg Berlin Budapest Broomhall Portugal Duluth Yestern Uae Country Produce Markets We. Ser Chicago Grain and Provisions Southwest Dreath Agige
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