Bank Examiners Urged to Reform Embezzlement Checks
Washington address by Controller Lawrence O. Murray criticizes bank examiners east of Ohio for failing to uncover embezzlements and to properly verify notes, collateral, and deposits. He calls for stricter methods, independent inquiries, and removal of lax practices, warning examiners to resign if unable to improve.
MENTIONED IN THIS ARTICLE
Washington
Lawrence O. Murray
Ohio
Chicago
Wes Examiners
Murray
National Bank
Congress
Central of Georgia Bonds Protest Required by September 30
A committee of R Walter Levy Frederick William Scott and Walter P Gardner urges first preference income bondholders to deposit bonds with Metropolitan Trust Company to preserve protest rights. If protest by one third of the issue is not filed, earnings statements and the claim of no net income for the last fiscal year become final. If second and third bondholders later prove sufficient earnings, their gains may not aid the firsts.
MENTIONED IN THIS ARTICLE
Central of Georgia
R. Walter Levy
Frederick William Scott
Walter P. Gardner
Metropolitan Trust Company
No News of Work for 100000 Men
United States Steel officers say they have no corroboration for Pittsburg reports that 100000 workers would be hired soon at steel and iron plants. Wall Street dispatches are denied while plants in the Pittsburg district run at reduced capacity and little change is expected until the presidential contest outcome is clear.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Pittsburg
Wall Street
P R R Terminal Report Denied
Samuel Rea third vice president of the Pennsylvania Railroad denies a report that the New York tunnel extension would open in spring 199. He says no such statement was made by President McCrea and that completion is set for 1910 with at least a year needed for tracks yards station work and electrification after winter tunnel completion.
MENTIONED IN THIS ARTICLE
Samuel Rea
Pennsylvania Railroad
New York Terminal
New York
McCrea
Newark
Harrison Yard
Philadelphia's Big Traction Deal
The Union Traction Company directors recommended at the next stockholders meeting using securities of underlying firms to finance a new 5 million dollar loan for the Rapid Traction Company. In return Rapid Transit New Market Street elevated and subway would receive a 10 million dollar equity.
MENTIONED IN THIS ARTICLE
Tribune
Philadelphia
Union Traction Company
Rapid Traction Company
Rapid Transit
New Market Street
Subway
Flour Company Meeting Put Off
Chicago reports a creditors committee meeting for Pillsbury Washburn Flour Milling Company postponed from today to tomorrow in Minneapolis as details remain unsettled and officials consider next steps.
MENTIONED IN THIS ARTICLE
Chicago
Pillsbury-Washburn Flour Milling Company
Minneap
Steel Works Resumes Double Turn at Carnegie, Homestead
Pittsburg Sept 21 Open hearth furnaces at Carnegie Steel Works Homestead and Howard Axle Works started to run on double turn today for the first time since last October. Carnegie plate mills also expected to go on double turn during the week. Several thousand men are affected by the resumption.
MENTIONED IN THIS ARTICLE
Pittsburg
Carnegie Steel Works
Homestead
Howard Axle Works
Carnegie Plate Mills
Rumor of absorption of Chicago Great Western by Canadian Pacific
A Minneapolis dispatch says the Chicago Great Western and its terminals rolling stock and motive power may become a subsidiary of the Canadian Pacific system. An unlimited option reportedly exists, but Canadian Pacific officials deny knowledge of the absorption. The rumor has circulated since the Great Western entered receivership in January.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Chicago Great Western Railroad Company
Canadian Pacific Railroad Company
Great Western
St. Paul
T. G. Shaughnessy
Canadian Pacific Railroad
Chicago Great Western
Shaughnessy
Horace G. Burt
Canadian Pacific
Wine growers meet to discuss prohibition impact
In this city tomorrow morning a meeting will bring together over fifty delegates from wine growing districts. The conference follows an era of herd times and a large surplus crop, especially in California, with A Sbarboro of the Grape Growers Association of California among the notable delegates.
MENTIONED IN THIS ARTICLE
California
A. Sbarboro
Grape Growers Association of California
B R T Refuses To Pay City In Brooklyn Street Bill
Brooklyn Rapid Transit Company declines to pay 322000 claimed by Brooklyn officials for paving two foot strips along tracks. Borough President Coler says no valid agreement exists and that delays forced city work. Coler plans to place the bill with the Corporation Counsel while BRT President Winter denies any obligation.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit Company
Coler
Brooklyn
Marrin to Seek Writ After Forgery Indictments
Frank C. Marrin, the lawyer accused of swindling, was arraigned on forgery indictments in Kings County Supreme Court and returned to Raymond Street jail. He plans a habeas corpus motion to secure release, arguing his Philadelphia sentence and pending appeal shield him from arrest in other states.
MENTIONED IN THIS ARTICLE
Frank C. Marrin
Clarke
Kings
Raymond Street
Brooklyn
Luke D. Stapleton
Supreme Court
Marrin
Insurance Swindle Claims Home and Fireside League
Jules F. Koelling, named general manager of the Home and Fireside Protective League of America, was arrested on a complaint by Harmon Stolzenau accusing a fake insurance scheme. Members pay 5 dollars to join and 25 cents weekly. promised rewards include 590 dollars after a year of marriage and 1000 dollars for triplets, with other payouts and a 5 dollar heirs benefit. Koelling says the league is defunct and halted business after attorney guidance. Stolzenau filed after Koelling allegedly kept a 150 dollar deposit.
MENTIONED IN THIS ARTICLE
Chicago
Jules F. Koelling
Harmon Stolzenau
Arlington Avenue
Home and Fireside Protective League of America
Stolzenau
Koelling
League
Iowa
Stolenau
Curtiss Chauffeur Acquitted In Fatal Hit Run
Greenwich Conn Sept 21 Peter McGuire chauffeur for Julian W Curtiss of New York was acquitted today by Coroner Doten in the death of Charles McCann a fourteen year old boy struck yesterday as he rode in a wagon. McGuire testified his car pulled out to pass an automobile and the wagon when the boy jumped from the wagon. He said the boy could have passed in front of the auto safely if he had not looked back. The lad was struck by the lamp and his neck broken.
MENTIONED IN THIS ARTICLE
the Tribune
Greenwich
Conn
Peter McGuire
Julian W. Curtiss
New York
Charles McCann
Doten
McGuire
Market Flash Downgrade Hits Export Demand Hard
The report notes a sharp drop in exports with limited loads found. Duluth exporters expected strong foreign demand Monday but the week started weak. World shipments reached 10,104,000 bushels versus 0,376 last week, crop officially estimated at 301,600,000 bushels. In Minneapolis wheat prices rose as Seaboard clearances rose, while cash grain eased locally. Corn faced heavy pressure from start to finish with rain and receipts boosting losses. oats, rye, and barley markets were mixed to soft. Prices across commodities including cottonseed oil, molasses, syrups, and provisions moved on par with grain trends.
MENTIONED IN THIS ARTICLE
Duluth
Broomhall
Minneapolis
Seaboard
Chicago
Liverpool
Newark
Buffalo
New York
Ps Eovceo Lll
London
Northern
New Orleans
Shorts
Philadelphia
Calcutta
Kansas City
Omaha
West
India
South America
Continent
Brazil
S&c
Patna
Rangoon
Jundiahy
Sao Paulo
Rio
Santos
Havre
Hamburg
Rio No 7
United States
Riso
Europe
North Africa
Cape
River Plate
Victoria
Bahia
Germany
Ee Nde
Carp
Harp Cotton
Ape Ata Mills
Lancashire
BP En SR
New York Produce Exchange
Northwest
Russia
Broom— Hall
Winnipeg
Bush
Northwest Mills
Board of Trade
New York Coffee and Cotton Markets Tumble on Labor Strikes
The general market report from New York on September 21 1908 notes a quiet coffee market with slight declines and steady openings amid labor troubles. Cotton fell sharply with bearish pressure from mills shutdowns, while wheat rallied on dry southwest weather and Russia cholera fears, then weakened as bull pressure faded.
New York Produce Prices 1908 Beans Butter and Eggs
Market report from New York on September 21 1908 lists receipts and prices for beans peas butter cheese and eggs. Beans and peas mixed demand with old stocks unsettled, butter quiet but diverse by grade, cheese prices up with strong demand, eggs stable to firm amid storage stock and light high grade supply.
MENTIONED IN THIS ARTICLE
New York
Lima
California
Pennsylvania
Sheldon
le Conte
Jersey
Kieffer
Pine Island
West Virginia
Western Maryland
Western Re
York
Delaware
Lo Niagara
Niagara
Nova Scotia
Livestock Receipts and Exports in New York Market 1908
Weekly livestock receipts show cattle calves and hogs totals across Jersey City Fortieth Street Weehawken and Lehigh Valley with strong steer and bull prices. Exports list shipments to St Louis London Liverpool and Antwerp among others totaling over 9 thousand head. Calves receipts two days 3398 with prices steady to higher for good quality and weaker for buttermilks and grassers.
MENTIONED IN THIS ARTICLE
New York
Jersey City
Sixtieth Street
Fortfieth
Lehigh Valley
Weehawken
West Shore
Schwarzschild & S
Minnehaha Schwarz
Montreal
London
Liverpool
Glasgow
Manchester
Antwerp
Newton & Co
Virginia
West Virginia
Kentucky
McPherson & Co
Ohio
S. ‘Sanders
Live cattle and hog markets reveal steady to mixed results
Receipts show 56 cars of sheep and 13,010 hogs over two days with varied demand. Prices for state and Pennsylvania hogs eased to 715 720 per 100 pounds while lambs and sheep maintained or edged higher, several consignors reporting multiple lots across Andrew Mullen, Tobin & Shannon, S. Sanders, and Kerns Commission Co. entries.
MENTIONED IN THIS ARTICLE
John P. Nelson
B. W. Otis & Co
Ty Geo. & L. & Dillenback
Ciganettes
Grassere
Ad & Co
S. S. Sanders
Tobin & Shannon
Kerns Commission Co
Ohio
Newton & Co
West Virginia
Kentucky
Kerns Commission
Virginia
Pennsylvania
Buffalo
Indiana
Fred I. Kratz
West Virginia Lambs
Andrew Mullen
S. Sanders
Cattle and Hogs Reports Across Markets Sept 21
Market reports from Chicago Cincinnati Buffalo and Kansas City show steady to higher tendencies in cattle and hogs. Cattle prices range from 3.50 to 7.50 per hundredweight with varied classes. hogs steady to lower on mixed lots. sheep and lambs move modestly with Lambs profitable in several markets. Major buyers and stockers engaged, receipts about 20 000 cattle 19 000 hogs and 30 000 sheep across cities.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
East Buffalo
Dairies
Kansas City
Wheat Market Slumps as Chicago Trade Reveals Large Stocks
Chicago trade shows rising wheat stocks with a 3,872,000 bushel weekly gain in visible supplies. December wheat closes 1% under Saturday while corn and oats fall. receipts reach 2,901,000 bushels. Provisions slip as hog price rallies ease. Local and cash markets soften amid light exports and favorable Argentine weather.
European Produce Market Liverpool Sept 21 Closing
Market report from Liverpool notes closing prices for wheat, corn, flour, hogs and other commodities. Wheat No 2 red Western winter 7s Od, No 1 California 14d, futures steady. corn American 7 4d spot, futures steady. flour winter patents steady at 248. Prices for reef, hops, pork, hams, bacon, shoulders, and rme Western prime in tierces are listed with firm or strong indications. Cheese, turpentine, spirits and rosin values also recorded.
MENTIONED IN THIS ARTICLE
Liverpool
California
London
Pacific Coast
Western
Cumberland
S. Ee
C&s
Suuaeee Sa
Also Mentioned on This Page
Central OF Georgia Bonds
San Francisco
R. R. Absorption Rumor
C. P
Thomas G. Shaughnessy
Canadian Pacific Railway
Chicago Great Western Railroad
CITY
F. C. Marrin
Home and Fireside Protective League
Curtiss
Brotlers
Michigan
Ittec
Long Island
State
Maine
Eastern Shore
Boston
Rockland County
Hackensack
Connecticut
Orange County
Massachusetts
Norfolk
Canada
SOG Scian
Tron
Nor
Sinan
General Market Report
Gulf
Mobile
Savannah
Charleston
Baltimore
Augusta
St. Louis
Little Rock
Wilmington
Houston
Memphis
Galveston
Cotton Exchange
Country Produce Markets
Kerns Commission Company
S. S. Judd & Co
G. Curtis & Son
George & L. S. Dillenback
H. H. Hollis
Jelliffe, Wright & Co
W. R. Hume
J. G. Curtis & Son
W. S. Judd & Co
S Sanders
R. Hue
Vermont
Jellffe, Wright & Co
Hollis
George & L
Dillenback
Telegraph