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This newspaper page contains 20 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Oct 15, 1908

Page

14

Shake-up in the B. and M. NINE new directors.

Mass October 14 reports nine new directors elected to the Boston and Maine Railroad board at the annual stockholders meeting. Four were installed by John L. Billard after his New Haven stock acquisition. five were nominated by the old executive committee. New members include John L. Billard Samuel Hemingway Charles F. Linsley Frank T. Brown Dumaine Edwin F. Greene J. M. Prendergast E. Richards and Edward F. P. Ricker. Old directors retained include Walter Hunnewell Henry F. Dimock Alexander Cochrane and Thomas P. Bess. Meeting discussed merger prospects with New Haven. board to organize next week with likely reappointment of President Tuttie. Stockholders authorized $12,000,000 bonds and sale of Boston to Lowell Terminal assets to Lawrence authorities.

Yarrence Mass Boston & Maine Railroad Gtr John L. Billard Conn Betares Boston & Maine New New Haven & Hartford Railroad Bilsré Hoard Lucius Brookline Samuel ©. Lawrence Medford Eer Olney Boston Alvah W. Sulloway Frankx. H Joseph H. White William _ Kolyoke Moses Williams Meriden Con Lawrence J. M. Prendergast Brian Iton Elevated K E. Richards Portland Te Trien Mutual Life Insurance Company Bortland Edward FP. Ricker South Poland Maine Central Railroad Beard Walter Hunnewell Weherley Henry F. Dimock New Bitard Tuttie Tuttle New Haven Road J. P. Moren New Heaven Railroad New York K. Brown Brown Lowell

Views of Railroad Men On Boston & Maine Merger Moves

New Haven Oct 14 railroad men see Boston & Maine directorate changes as significant. They note New York interests shrink to gain control while Samuel Hemingway and Frank T. Brown join the board signaling New Haven’s ongoing merger agenda. Possible transfer of John F. to Boston & Maine and large loans for line and equipment appear tied to financing strategy amid legal scrutiny.

New Haven Boston & Maine Directorate Electron Meriden Conn New York, New Heaven , Hartford Railroad Company Samuel Hemingway Second National Bank New Haven Road Frank T. Brown Norwich Maine Eocter Goties Stevens Boston & Mile Cuier Boston & Maine

Western Union Deficit Narrowed Amid Strike Loss

Western Union reports fiscal year ending June 30 shows gross revenues of 28.58 million with a net revenue of 2.402987 million. Costs rose 7 percent over the prior year due to the strike, but expenses were reduced by 1.29208 million, leaving a slight surplus before stock dividends and signaling a weaker but improving revenue trend despite reduced message volumes.

Western Union Grapany Ascal Ex- Rees Sits Augusta Cepres

Telegraph network expands across regions amid traffic rise

The year saw net growth in poles and cable totaling 2 831 miles and in wire 38 231 miles while office numbers fell by 97 as railroads close small telegraph offices under new labor hour laws. Messages are now often lodged at nearby offices and routed via Western Union.

Western Union

Chicago Grain and Provisions Market Summary Oct 14

Wheat receipts in the Northwest fell and lifted the Chicago market with December at 1.10 and May 1.04^1/2. Corn and oats slipped amid cash declines. provisions closed mixed as strong packer demand turned bullish. Primary receipts rose for wheat while Minnesota and Duluth showed divergent stock changes.

Chicago Northwest Liverpool Minneapolis Duluth Sic Sac

Grand Trunk adopts US uniform bill of lading nationwide

Montreal dispatch reports that the Grand Trunk Railway system has issued a circular informing agents that it has adopted the Interstate Commerce Commission's uniform bill of lading. The move aligns GTR with federal standard procedures across its network.

Montreal Grand Trunk Railway System Interstate Commerce Commission of United States

Coal Hearing Resumes On Sherman Act Case In Reading Roads Suit

Testimony resumed in New York federal court as government lawyers press the Reading and related coal carriers under the Sherman act. W. H. Lathrop of Lehigh Coal testified about production costs, output, and lack of joint rates, noting average production costs and a canal loss of 89 thousand dollars last year. W. W. Ruley of the anthracite statistics bureau said colleries operated at full capacity.

New York State Reading Federal Walter H. Lewis United States Circuit Court District of Pennsylvania Philadelphia J. C. McReynolds M. Carroll Todd United States W. A. Lathrop Lehigh Coal and Navigation Company Lathrop Philadelphia & Reading Central Railroad of New Jersey Lehigh Delaware W. W. Ruley Bureau of Anthracite Statistics

Grass Twine Co Changes Name to Crex Carpet Co

Stockholders at a special meeting voted to rename American Grass Twine Company to Crex Carpet Company and reduce capital from 15,000,000 to 3,000,000, issuing one new share for every five. Directors declared a 2 percent dividend. no period named. Last dividend on Grass Twine was 2 1/2 percent in January 1903. Earlier, about 650,000 in unearned dividends was refunded by former directors two years later.

American Grass Twine Company Crex Carpet Company

Iron and Steel Markets Show Dull Pig Iron Trade

The Iron Age reports dull pig iron markets with modest demand for next year and cautious short term buying. The Iron Trade Review notes October activity lag, firm prices, and varied regional demand, with rail and naval contracts supporting output while shipments and inquiries pivot around near term needs and potential anticipation of select price increases.

Rai Imperaus Iron Trade Review Sage Birmingham United State Steel Corporation Secon Chicago & Alton Rairoad Illinois Steel Company Neattiesh Florida Brooklyn Navy Yard Th Central Tron and Steel Company Carnee Steel Company Mewinley Bridge St. Louis Pennsylvania Steel Company

Multi dwelling listings along Wilcox Centre and Manhattan streets

Readable fragments describe several two story and eight story brick dwellings with associated owners Meehan Building Co. and Anthony Methwen among others. Architects include J F Meehan and Monroe Landsiedel. Costs range from 7 000 to 144 000 with locations near Fairmount Centre St William Manida St and St Ann's.

Garrison Meehan Building Co J F Meehan Archi Boces Dees 135Th St St Ann's Anthony Methwen Monroe & Landsiedel

Railroad earnings across major U S railroads data

Earnings tables show Central of Georgia Chicago West ern Louisville Desota Macklin Rio Grande Southern and St Louis lines reporting first week in October and July 1 to October 7 totals. Figures list miles operated and earnings in dollars across periods for each line system.

Central OF Georgia Attine Chicago Ee Chicago Steves & Louisville Deso & Macklia RIO Grande Southern

Market notes from New York trading peas and beans

New York market report dated October 14, 1905 notes receipts of l ad stocks of beans and 1,000 sacks of peas. Malion medium and pea beans selling slowly with high outside quotations for hotcest lots. Some houses shading pea bean prices. Red kidney cases are cited as fairly involved in litigation.

New York Red Kidnney Liverpool Cabie Govu

Driftwood scavengers lure stock toward rocks in ads fraud

Over four weeks National Stock suffers from financial winds and waves as a cheap advertising scam spreads across several city press. The ad offers $500 cash and $300 reach, with no law in Massachusetts or elsewhere to stop it. in New York conspiracy to affect stock prices by anonymous advertising is a felony.

New York Lt & Tr Ila Jackson Gar Ss Kan City Balton Os O Con Mutua Bingham G Buffalo Gas Beatae Paterson & PG Ee Pitts Past Gas Ingeé&C Syra Indianapolis Gas Syra Lt & P Ind Gas Massachusetts

Shareholders urged to submit purchase inducement details

Parties holding shares in the mentioned companies are asked to provide detailed information on how they were induced to buy. Include the number of shares, price paid, and, if influenced by advertisements or pamphlets, send copies and mark the relevant parts. All communications confidential. Address.

National Stock Ad Fraud Report From 1908 Boston

A damaged ad text claims National Stock activity on Wall and State Streets and a staged government investigation in a Washington back office. It alleges an improvised flyer signed by a private Boston bureau and dated October 14, 1908, with exaggerated share counts and price moves to mislead investors.

Washington

Five Thousand Dollar Reward for Information on National Stock Fraud

A $5,000 reward is offered by National Stock for information leading to arrests and conviction of those involved in defrauding holders. The notice, signed by Thomas W. Lawson, urges vigilance and claims the stock is growing in value amid strong advertising and market activity while predicting a major bull market پس the November Taft election.

Wholesale Stock Prices and Prices of Beams and Peas 1908

The report shows firm export sales at 220 and jobbing sales up to 225 for stock, with beans and peas prices across eras. It notes quiet trading in general, with creameries steady and mixed quality offerings, and a broad array of fruits vegetables and meats with varying regional quotes.

Lima California Firets Witte

Lawson Promises Support for National Stock Margin Plans

A Boston based bankers and brokers firm announces it has purchased over 200,000 shares of National Stock for customers at an average $1.30 on a 25 percent margin. The stock fell to 80 cents but no shares were sold due to margin. The firm seeks margin orders of 500 shares or more with 50 percent margin for 500–1000 shares and 25 percent for over 1000 shares, and also accepts cash orders from single shares, predicting a bull market with price targets of 5 to 10 dollars.

National St Boston New York National Stock Bay State Thomas W. Lawson Boston Taft

Receipts at 0th Street and Jersey City yards start fall sale

New York on October 14 1908 reports receipts of 118 cars totaling 2407 head with 7 cars for export alive 48 for slaughterers and 64 for market making 74 cars on sale after yesterday. Choice heavy steers scarce near steady others slow and 10c lower bulls steady to 10c higher fat cows unchanged medium and common cows down at 0th street yards Jersey City medium cows steady and bologna stock unsettled due to unknown factors.

New York Jersey City

Chicago Market Roundup on Cattle Hogs and Sheep

Chicago reports cattle receipts near 22 000 with steadier to stronger tone for top grades and weaker for lower. steers to 760, cows to 425, heifers around 425. Hog receipts about 25 000 with 10 to 20 cent declines, best heavy shipping and night line quoted around 5 90 to 6 05. Sheep receipts near 23 000 with steady to firm prices. lambs 4 75 to 5 86, yearlings 2 75 to 3 35. Also listings from Cincinnati East Buffalo Kansas City and other yards with mixed moves and price levels.

Broilers Philadelphia Pennsylvania Michigan Pennsyvania Maine State Long Island Jersey Romaine Virginia Norfolk Ubbart Canada Matoes Burh Basket Chicago Cincinnati East Buffalo Kansas City Taton Pittsburg Soto

Also Mentioned on This Page

Billard Think B. & M Chicago Grain and Provisions G. T L. F. Hepburn New Street St Ry Crosstown Npd Surf F&a Sith St Crstown A&o Croastown Fulton St M&s &A Tarrytown M&n H Gas & Bloc White Plains Dave Easebee Iseph Walker & Sons Broad Street Hart & Conn W Vermos Allegh & Wes R&éc Iow & Mo Avon G & Aft Lowel Beech Creek Mahon Coal Pf Berkeh Tea H&sh -Il S&f F Is & Essex I Bort & Albany N & Decatur Bort & Lowell Nashau & Lo Et & Pro Y & Harlem Ee &W Cam Ninth Ave Catew North Carolina Coruga Sueng JI Pn&er Biarth Chachee & Aa Oswego C & Xenia Eighth Avenue Eim William Rens & Sara Ervie & Kalam Vyila Eric & Pitte RWEO Second Avenue Fitchburg Faethwest Franklin Nirr&caan R& B Co Fea Clin EB Goshen Dec Utica Dk Riv Grand River Vy As Yian Greene Cache Warren R BR BR. L. Day & Co Wall Street If. Bost & Albany Cal & Hecla M Toston Elevis Vna IX &L Franklin Min Ipsiza Eranh SB & H Mohewk West End Osceola Parrot Tel & T Co Quinery Woeivenre Smelters Co Atadaha Arvatian Sts Atlantic United Fruttise Boron San Francisco Francisco Kentucky Heicher Nevada Utah Cor Grass Twine CO Grex Carpet Company Realty Brokerage Market Anna E. Retley East 55Th Street E. H Ludlow & Co Anna Weinstein Parker K. Deane East 19Th Street Madison Avenue Alfred Blumenthal West Fifth Street Amsterdam Avenue Harris Schwartz I. L. Levine Greenbaum 146Th Street Lenox Avenue Mr. Schwartz Samuel Grodginsky Lynn Mr. Spector Lexington Avenue Harold J. Harding Vincent Maitre Michael Downes Lind Avenue Ogden Estate Peter J. Ingebrand Stebbins Avenue THE Bronx Country Produce Markets Bay State Gas Trinity Copper Yukon Gold Nevada-Utah First National Copper Congressional Information Bureau Washington, D Tion Paign Alexander and Gravenstein Ben Holland York Pippin D’ Anjou Bertrae Clairgeau Sheldon le Conte Kieffer West Virginia Niagara Salem Concord Upriver da Concord Clinton Cape Cod Colorado Do Porto Rios A. Ul Pacific Coast Sonoma Oregon Western NCORN Lette Connecticut Tom Orange County Island Great Britain Liverporc London Majestic Southampton Bess Charles C. Clapp & CO Bankers Congress Street Telegraph
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