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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Sep 11, 1908

Page

3

Rehearings Sought in Standard Oil Antirebate Case

The Standard Oil Company argues the appellate court erred in upholding a large fine for antirebate violations. The reply contends the punishment reflected the New Jersey firm's wealth rather than Indiana’s, and cites the eighth amendment against excessive fines. The case moves toward the October term with possible government reply or oral argument.

Grossean, Baker and Seaman United States Circuit Court of Appeals Purdon R. W. Stewart Chicago Standard Oil Company Standard Oil Company of Indiana Standard 4 New Jersey Company Indiana Company Standard 011 Company New Jersey Standard Oil Judge Landis New Jersey Corporation Standard On Company of New Jersey

Kellogg Probes Standard Oil Tactics in Peoria Hearing

Frank B. Kellogg, government attorney, revisits Standard Oil methods in the Peoria district as J. L. Trann testifies. Letters show contracts allowing oil sales at half a cent below market for large buyers, used to hold business. Collings questions price fluctuations and freight rates. subpoena for letters served. case resumes today.

Frank B. Kellogg Standard Oil Company Peoria Jil Franklin Ferris J. L. Trann Standard C. H. Hand Kentucky F. S. Hibbs Interstate Commerce Commission C. T. Collings Atlanta Collins Standard Oil Company of Rosenthal J. J. Drake New York Indiana Standard Company W. N. Davis Kansas City Consolidated Tank Line Company Mr. Rosenthal

Boston & Maine Sells Railroad Shares to Private Parties

The Boston & Revere Beach & Lynn stock totaling 3791 shares, owned by the Boston & Maine, was sold on August 12 to private parties. President Tuttye told the Board of Railroad Commissioners the transfer was unconditional and that the B and M complied with the statute.

Boston Boston, Revere Beach & Lynn Railroad Boston & Maine Railroad Board of Railroad Commissioners Tut*tye Railroad Commission Boston & Maine

Steel men forecast rising steel demand after Oct panic

About twenty presidents of United States Steel subsidiaries met at the company offices with President Corey presiding. Leaders from Carnegie Steel, Illinois Steel, American Bridge and American Steel and Wire discussed the industry and business outlook, predicting gradual improvement and a return to normal by spring next year. They anticipated higher demand and noted the upcoming first anniversary of the October panic.

United States Steel Corporation Steel Corporation Corey A. C. Dinkey Carnegie Steel Company E. J. Buffington Ilinois Steel Company Joshua A. Hatfield American Bridge Company William P. Palmer American Steel and Wire Company

Denver & Rio Grande Bond Issue Authorized

Stockholders of the Denver and Rio Grande Railroad Company and its subsidiaries approved bonds totaling 150 million dollars and notes for three years. They also authorized purchase of franchises and properties of subsidiary railroads controlled by the Gould interests in Colorado and Utah.

Denver Denver & Rio Grande Railroad Company Gould Colorado Utah

Local business troubles spur multiple insolvency actions

An involuntary petition was filed in a federal court against Lena Manofsky a remnant and dry goods dealer at 414 East 74th street by Abraham Cohen and two others for goods sold and delivered totaling 74445. The bankrupts liabilities exceed 1.00. Receiver William F. Upson was appointed for the Eastern Marble Company 602 East 74th street with a 5000 bond. liabilities 20000, assets 10000. Frank Steyokal and Josef Pock teff joined for a receiver. William Henkel Jr named receiver for Saint Manufacturing Company 1 East 3d street with 1000 bond. stock about 2000. Sheriff sale of Peter J. Cannon lamps gas and oil at 76 Fulton street brought 319 from Standard Oil Co of New York.

United States District Court Lena Manofsky East 74Th Street Abraham Cohen William F. Upson Adams Eastern Marble Company Frank Steyokal Josef Pockteff Myron Sulzberger William Henkel, Jr Saint Manufacturing Company East 3d Street Peter J. Cannon Fulton Street Standard Oil Company of New York

American Locomotive Company Conserves Capital After Earnings Decline

The American Locomotive Company voted to pass the common stock dividend while maintaining a 1% dividend on preferred shares. Year ended June 30 showed gross earnings of 37.48 million and net earnings of 4.99 million, with a 11.10 percent surplus on common after charges. International sales rose with locomotives exported to Japan, Korea, China, Europe and South America. a Providence plant shutdown was noted while the automobile unit remains active.

Buffalo Rochester & Pittsburg St Louis Islanois Central Indiana Vyazoo & Mississippi Valley Toledo ST. Louis & Western Enna Inc Inc Denver Rio Grande Baltimore van Schaick & Co Wall Street United Railway Norf Ry & L Tm Gre&s VT Light & P Chas City Ry Seaboard jChas Union Trust Fidel & Dep Mary A Trust Consol Gas Nor Cent Ry American Can National Biscuit American Radiater People’s Gas Rex Board South Ride Chicago Une American Locomotive Company Japan Corea China Europe South America Canada Equipment Trust Providence

Exchange Expels John G. McIntyre From Stock Exchange

Announcement states the governing committee found T A McIntyre Co reckless in business dealings and ordered the seat of John G McIntyre sold. McIntyre is brother of the late Thomas A McIntyre who died in Baltimore last summer while under indictment in the firm’s failure. A report summary is expected after the September 23 meeting.

New York Stock Exchange T. A. McIntyre & Co John G. McIntyre John M. Knapp Coster, Knapp & Co Thomas A. McIntyre Brown

Bulls Sweep Wheat Market With Sharp Gains Across Grains

Chicago grain scene sees wheat rise over 1 cent above yesterday with strong finish. Corn and oats follow bullish tone as cash demand and flour sales lift futures amid limited export. Hog and oat receipts influence remain supportive, while weather and supply signals drive ongoing strength.

Chicago Northwest Minneapolis Southwest Kansas City New York Portland Ore Oregon Washington Idaho Duluth Iliac Tolc

General Market Report highlights New York trading and cotton futures

The September 10 1908 report notes near term support from leading interests keeping steady positions amid selling pressure. Coffee and cotton markets show mixed moves with Rio and Santos higher, spot coffee steady, and cotton futures rising early then closing near day’s low. Receipts at leading points remain heavy and weather favorable with strong inland demand backing near positions.

New York Havre Hamburg Rio Santos Liverpool Eastern Mills Southwest Texas Liver—pool

New York Market Report Beans Peas Butter Cheese Hops

Beans and peas receipts 1485 sacks and 425 sacks with small movement and steady values. Lima firm and Scotch peas unsettled with declines. Butter receipts 5434 pkgs market quiet exports slow. Cheese firm on quality, Western and skims rising slightly. Hops market stand still with limited New York picks and Coast reports mixed.

New York Lima Mma California Liverpool Cabie Pennsylvania Sean Chery Pfigai Ayet Seckel Louise Bonns Beurre Bose Pine Island Jersey West Virginia Maryland Connecticut Delaware Niagara Worden Scotia lSc Crusha A Tse Falgor Stasi New Mexico Pach Ptndeet Cues Psa Ate LONE Carioad Porto Rico

Bond market snippet with world government yields

The fragment lists various government bonds and yields from Germany Bavaria Saxony Austria Vienna and Mexico. It shows prices and percentages such as 48 95 90 % and 4s 98 with references to Cologne Munich Hamburg Fon-M Burlla and Mex govt gold S300.

Cologne Bay Govt Munich Hees Auesburg Saxony Vienna Hamb Fon-M

Market Roundup Flourishes in Copper and Iron Prices

Copper and iron markets show mixed activity with spot copper around 28.25 to 28.45, and London futures at 60 17s 6d. Steel and iron narrow changes, with standard foundry at 5s and Cleveland warrants 5 28 4%. Sugar and molasses hold steady amid dull overall market conditions, with refined products quoted in several formats and regional price variations noted.

Bos London Standard Sis Cleveland Northern New York New Orleans Philadelphia City Calcutta West Chicago Kansas City Omaha India Middle Western South America Brazil Keys Patna Rangoon Eagle

Market Prices Reported for Fresh Produce and Poultry

The bulletin lists varied prices for poultry and fresh produce across regions. It notes Southern and Western poultry, ducks, and chicks with per unit and per dozen rates, and potato, vegetable, and fruit quotes including potatoes, onions, cabbage, cucumbers, lettuce, tomatoes, and peppers with assorted regional figures.

Livestock Market Report

New York receipts total 92 cars 1 660 head with 87 for slaughter and 5 for market. Cattle trading steady for Western grades as 54 cars expected Friday. dressed beef sides active. Calves receipts 915 head with generally steady prices. numerous veals and calves sold to various buyers. Sheep and lambs 5 793 head with moderate demand. lambs active with some sellers seeing higher quotes. Hogs 2 537 head as market strength holds with Pennsylvania and Michigan lots selling steadily.

Gulf Mobile Sic Savannah Norfolk Baltimore Augusta St. Louis Little Rock Charleston Galveston New Orleans Wilmington Memphis Houston Cotton Exchange Liverpool Manchester Kansas New York Produce Exchange Western Steady Western Southwest Northwest Minneapolis Duluth Seaboard Michigan Chicago New York Buffalo Winnipeg Great Britain Cedric Indiana J. G. Curtis & Son Andrew Mullen B. W. Otis & Co H. H. Hollis S. Judd & Co Pennsylvania Aterns Commission Company Ealvea West Virginia Shippers’ Commission Company McPherson & Co Frederick J. Kratz W. Tobin & Shannon Jersey West Virginia Lambs Newton & Co S. Sanders Kerns Commission Co Kentucky

Market News From Multiple Cities on Sept 10

Cattle receipts around 7 000 head with market steady. hogs about 16 000 head and strong with top near 7 15. Sheep and lambs reported with varied prices across East Buffalo and Kansas City markets. calves and veal also listed with mixed futures.

East Buffalo Kansas City L. i Pittsburg Cincinnati

European Produce Market report from Liverpool reveal steady futures

Liverpool traders report steady futures for wheat corn and notes small price firmness in bacon and lard cuts. Spot wheat and corn show mixed activity with Western winter wheat at 7s 6½d and California No 1 at Te ld. Further, bacon cuts stay strong while lard and cheese price remain steady amid market dullness.

Liverpool California London Pacific Coast Ian Beep PORK Hadis Tierces Nest Tallownes

Also Mentioned on This Page

Cone Defend Armour Red Court Supreme Court Shipper John S. Miller Moritz Rosenthal Alfred Ib. Edidy Federal Supreme Court United States Sims Perovider Grosscup, Beker and Seaman James H. Wilkerson Eet Oyvever Oil Company Sagacre Hill Boston & Maine Holdings Denver & Rio Grande Exchange John G. Mintyre Toronto Stewart & Lockwood Exchange Place New Temisk Nipissing Nova Scotia Peterson Lake Crown Reserve Foster Green Meehan Trethewey Kerr Lake General Market Report Country Produce Markets New York State Sac Sonoma State Foreign Government Atresia Maine Long Island Rockland County Longe Island Hackensack Ohio Orange County Massachusetts Hubbard Tobin & Shannon Telegraph
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