Bankers In Session Oppose Guarantee Law
The savings bank section of the American Bankers Association at its annual meeting condemned both the federal deposit guarantee and the postal savings bank bill in Congress. Myron T. Herrick led the resolutions opposing the plan, arguing it would burden banks and threaten stability. The convention also discussed currency, railroads, and the growth of savings departments, with leaders like Pierre Jay addressing proper treatment of savings deposits.
MENTIONED IN THIS ARTICLE
Tribune
Denver
Savings Bank Section
American Bankers” Association
Congress
Myron T. Herrick
Ohio
New York
Oklahoma
Festus J. Wade
St. Louis
Savings Bank
American Bankers’ Association
United States
Clearing House
William Sherer
Ilinois
New England
South
Brown Palace
Association
Bryan
Currency Commission
Trust Company
Philip S. Babcock
The
Trust Company of America
A. M. Barrett
Guardian Trust Company
Clay Herrick
Postal Banks Opposed At Denver Convention
The savings bank section of the American Bankers Association opened with remarks by Lucius Teter of Chicago urging closer integration of mutual savings banks into the ABA. He warned a postal savings bank bill may advance and called for resolutions and a committee to pursue the matter. W T Ravenscroft welcomed delegates and extolled Colorado's banking resilience with $130 million in deposits and a strong cash reserve. The committee on postal savings banks concluded that existing state savings systems suffice and oppose postal savings banks.
MENTIONED IN THIS ARTICLE
Denver
Savings Bank Section
American Bankers’ Association
Lucius Teter
Chicago Savings Bank and Trust Company
United States
East
Teter
Convention
Postal Savings Banke
Postal Savings Bank
W. T. Ravenscroft
Né Savings Bank
Savings Bank
Colorado
Committee On Postal Savings Banks
Postal Savings Banks
Go Slow Says Yoakum Before Loco Motive Firemen Meet
Columbus Ohio September 28 B F Yoakum chair man of the executive committee of the Chicago Rock Island Pacific Railroad arrived to address the eleventh biennial convention of the Brotherhood of Locomotive Firemen and Enginemen More than eleven hundred delegates heard him oppose government ownership and urge steady growth He urged go slow on laws that could hamper railroad expansion and warned investors away from what he called an unscrupulous image The speech touched on railroad mileage 227009 last year with a 24 percent ten year rise and predicted 55000 miles of new railroads in ten years The talk also noted the need for six million dollars of new money and that savings are not available locally to fund construction He left for New York this afternoon
MENTIONED IN THIS ARTICLE
Tribune
Columbus
Ohio
B. F. Yoakum
Chicago, Rock Island & Pacific Railroad
Brotherhood of Locomotive Firemen
Shea
Southern Hotel
Harmony Hall
Mr. Yoakum
New York
Washington
Eee
Sasa
Horse Line Receiver Joseph Mayer Appointed
Joseph B. Mayer of Pine Street was named temporary receiver for the Twenty-eighth and Twenty-ninth Street Crosstown Railroad Company by Justice Gerard in the Supreme Court. Mayer, a practical railroad man, must post a $25,000 bond, potentially raised if the Attorney General requests a higher amount. The case, under state insolvency law, follows a petition by bondholders led by a committee representing the majority of 5 percent first mortgage gold bonds secured by a $1,500,000 mortgage dated October 1, 1896 on the Crosstown line from 34th Street East River to 23d Street North River.
MENTIONED IN THIS ARTICLE
Joseph B. Mayer
Pine Street
Twenty-eighth and
Twenty-ninth Street Crosstown Railroad Company
Gerard
Supreme Court
Mayer
Jackson
John W. Haner
W. C. Heppenheimer
A. Merritt Taylor
Horace A. Dean
Charles E. Sorley
Central Trust Company
34Th Street
East River
28Th
29Th Streets
23D Street
North River
Crosstown Company
Metropolitan Street Railway Company
Metropolitan
Metropolitan Company
United States
Crosstown Road
Metropolitan Securities Company
Federal
Atchison Reports Sharp Earnings Decline and Heavy Construction
The Atchison Topeka Santa Fe Railway reports year ended June 30 showing gross earnings down by 3.7 million, operating expenses up by 2.05 million, and net earnings down by 5.78 million. After fixed charges balance is 13.68 million. surplus after dividends is 1.89 million. Capital expenditures totaled 22.41 million as construction continued while some projects were suspended awaiting better conditions. President Ripley notes public sentiment shifts regarding railroad regulation. Taxes paid 33.24 million, 12.36 percent of income applicable to interest and dividends.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa Fe Railway
Ripley
Mellen
Stevens
Interstate Commerce Commission
Central New England
New Haven Corporation
Connecticut
Massachusetts
Boston & Maine
Crowd gathers at Morgan office for funeral closure notice
A crowd formed in front of J. P. Morgan & Co after the office closed at 3 p m for the funeral of James W Paul Jr a partner who died suddenly in Hot Springs Va The notice explaining the closure was posted inside and unreadable from the sidewalk prompting the crowd to force near the door
MENTIONED IN THIS ARTICLE
Morgan
J. P. Morgan & Co
James W. Paul, Jr
Hot Springs
Nipissing Mines declares quarterly dividend of 3 percent
Nipissing Mines Company directors declared the regular quarterly dividend of 3 percent on capital stock. The meeting showed cash assets of 977000 dollars, down from 986000 in the previous quarter and 806000 in September 1907, with the drop tied to silver bullion carried at 51 cents an ounce versus 63 cents earlier.
MENTIONED IN THIS ARTICLE
Nipissing Mines Company
Mellen on Rates and New Haven Railroad Finances
President Mellen reports the New York New Haven Hartford Railroad enters its new year on low expenses with service maintained. He notes higher freight prices are unlikely while volumes fall, cites an 8 percent dividend at under 4 percent return on replacement value, and details 1997 1998 earnings, deficits, and treasury cash.
MENTIONED IN THIS ARTICLE
New Haven
Mellen
New York, New Haven & Hartford Railroad
Sugar Refining Rates Case Triggers Interstate Commission Action
Sugar refining interests await a decision from the Interstate Commerce Commission on alleged rate discrimination by Federal Sugar Refining Company of Yonkers against several railroads including the Baltimore and Ohio and the New York Central. The complaint centers on lighterage, drayage, and cartage allowances for Manhattan and Brooklyn, totaling 6 15 cents per hundred pounds, equating to 133 dollars per ton, with Philadelphia refiners and Arbuckle Brothers named as chief beneficiaries. If Yonkers is excluded from lighterage limits, the complainants argue equality should be restored from the Hudson River crossing. Frank L. Neall contends the allowances amount to discrimination harming Philadelphia. Registration days for the vote are October 5, 6, 10, and 12 between 7 a.m. and 10 p.m.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
Federal Sugar Refining Company of
Yonkers
Philadelphia
Baltimore & Ohio
Central Railroad of New Jersey
Delaware, Lackawanna & Western
Erie
New York, Ontario & Western
Pennsylvania
New York Central
Washington
Frank L. Neall
Federal Sugar Refining Company
Manhattan
Brooklyn
12Th Street
American Sugar Refining Company
Arbuckle Brothers
Federal
Hudson River
Philadelphia Shipping
Sugar Trust
Marine Intelligence Miniature Almanac Use of Tides
Marine intelligence notes sunrise and sunset times for the day with moon set and moon age. It lists high water predictions for Sandy Hook Gov Island and Hell Gate with morning and evening times.
MENTIONED IN THIS ARTICLE
A.M
Sandy Hook
Gov Island
Hell Gate
Submarine Fleet Near Sandy Hook En Route to Dock
The Kronprinz Wilhelm. Statendum. Furnessia. and Chicago were all reported at various distances east of Sandy Hook yesterday. Each was projected to dock around morning today with times ranging from about 7:30 am to 9:39 am based on 2 am to 5:39 am positions.
MENTIONED IN THIS ARTICLE
Kronprinz Wilhelm
Sandy Hook
Statendum
Furnessia
Chicago
Incoming and Outgoing Steamers Schedule Featured
Incoming steamers listed for Wednesday September 30 and Thursday October 1 with calls including Umbria Liverpool September 23 Canary Maracas Trinidad September 23 Triniday Moltke Hamburg September 22 Hamh Am El Cid and New Orleans September 26. Outgoing steamers today include Kronprinzessin Bremen Lloyd and Ryndam Rotterdam Holland Am Shem with listed closing times.
MENTIONED IN THIS ARTICLE
Umbria
Liverpool
Canary
Falls
Kronprinzessin
Bremen
N G Lloyd
Ryndam
Rotterdam
Holland-Am
Shem
Ee -Curacao
Caracaibo
Guiana
Curacao
T Thomas
Quebec
Aurora
Nprinz Wahel
Hremen
Lloyd *Colon
Micieta
Oee “Cristobal
Panama
Indrasamba
Gibraltar
Tol Easlanho
Hull
Wilson Erny Trieste
Algeria
Valermo
Three Broadway Stores on Warren and 13th Streets
A brief listing notes three Broadway stores located near Warren Street and 13th Street, with addresses at 258, 42, and 1302 unspecified units. The fragmentary item reads like a street directory notice without further details or context.
MENTIONED IN THIS ARTICLE
Broadway
Warren St
13Th St
34Th St
Transit mail routes and ships to Asia in late 19th century
Listing of Pacific mail steamer routes from Comanche Jacksonville Clyde to Japan Korea China and the Pacific islands. Schedules note Empress of Japan Iyo Maru Mariposa Alameda Npon Maru Ning Ch with destinations including Hawaii New Zealand Australia and New Caledonia via San Francisco Seattle Vancouver and Victoria with October departures and 6:30 pm or 8:30 pm times.
MENTIONED IN THIS ARTICLE
New York
Hawaii
Guam
San Francisco
Japan
Corea
China
Korea
Philippine Islands
Vancouver
Victoria
Australia
West
New Zealand
Fiji Islands
New Caledonia
Marama
Seattle
Tahiti
Marques Islands
Mariposa
Essa
Alameda
Samoan Islands
Yeddo
Zacoma
Ning Ch
Shipping News Arrivals and Departures at Sandy Hook
Vague cargo and passenger dispositions listed for vessels including Edrich Wilhelm Pret Bremen pears Cherbourg to Lone & Co with 691 cases. Movements note quarantine times, arrivals at bar, and sailings from Sandy Hook with ships such as Momus Brazos Vaderland Manna Hata Meridian Goodwin Hanau Luciline Minnetonka Saramacca Harvard and others, detailing ports and tonnage.
MENTIONED IN THIS ARTICLE
Edrich Wilhelm
Ger
Bremen
Cherbourg
Lone & Co
Boyd
New Orleans
Nieces Beacon
Nor
Petersen
Port Nes Eae
Ac Ees Fruit Co
Pee Hoaean
Colocado Smith
Mobile
Tampa
New York & Porto Rico Si Co
Moise
Bar
el Alba
Quick
Galveston
Southern Pacific Co
Vigilancia
Johnson
Santiago
Nassau
New York
Manna Hata
Charles
Baltimore
New York & Baltimore Transportation Line
Meridian
Tinmouth
Middlesbrough
Peter Wright & Sons
Rar
Goodwin
Stewart
Sourabaya
Protolingo
Tfikaja
Harvard
Crowell
Boston
Metropolitan Ss Co
Sandy Hook
Jefferson
Norfolk
Newport News
Coppename
Barbados
Demerara
Hugin
Cienfuegos
Campeche
Aurora
la Guayra
Puerto Cabello
Transatlantic Steamship Routes and Schedules Listed
A dated ship bulletin lists numerous transatlantic sailings and port calls from Bremen Cherbourg Plymouth Dover Glasgow Calcutta Colombo Muroran and other ports. Vessel names include Friedrich den Grosse Kaiser Wilhelm der Grosse Barbarossa President Grant Buff alo Excelsior Standard Oscar I Kabinea Red Italia Luisianna and others with destinations to New York Genoa Naples Shanghai Manila Libau Rotterdam and more.
MENTIONED IN THIS ARTICLE
Bremen
Friedrich den Grosse
Ger
New York
Plymouth
Cherbourg
Dover
Zeeland
Antwers
Glasgow
Caledonia
Koranna
Manila
Shanghai
President Grant
Hull
Buffalo
Shields
Excelsior
Standard
Christiansand
Oscar EI
Dan
Colombo
Kabinea
Gibraltar
Re d'Italia
Ital
Genoa
Naples
Sagres
Luisianna
Isle of Wight
Russia
Rotterdam
Libau
Perim
Erroll
Yokohama
Etc
New
Also Mentioned on This Page
Gate TV
Ty Atre
New Amsterdam
Henry W Eavags
Norrow
Ziegfeld
M. CO
Liberty Theatre
Mats
Lillian Russell
Wildfire
Bway & Fist
Academy F Music
Ir Wee
Denman Thompson
Charles E. Sprague
Cleveland
C. la Rue Munson
Williamsport
Penn
P. le Roy Harwood
New London
Conn
Freedmen's Savings and Trust
Pierre Jay
Jay
Michigan
National Association of Supervisors of State Banks
Savings Department
Commercial Department
Bank
Utah
Oregon
Idaho
J. C. Griswold
Excelsior Savings Bank of
Maine
New Hampshire
Maryland
New Jersey
Delaware
Griswold
Vermont
Meryland
William Hanhart
General Association
Convention of Savings Bank
Yoakum
28Th and
29Th Street
Crosstown
Atchison’s
Eicenale Ae Reese Eee
Nipissing
Marine Intelligence
Adriatic
Southampton
White Star
Atrato
Kingston
Lincoln
Hamburg
Hambam Pannonia Eer
Cuvard el Nortewn Ees
Pacific
Sam
Rocers, Peer & Company
Earl & Wilson
Comanche
Jacksonville
Clyde
Princess Anne
Old Dominion
Savannah
Carmania
Cunard
Teutonic
Cherokee
Turks Island
Dominic
Para
Booth
Argentina
Austria
Baltic
Amerika
la Provence
Havre
Monterey
Havana
Ward
Espéranza2
Cristobal
Pana Ase Ao
Bilow
Biremen
NG Liyod
U'd
Troquois
Clyd
Hamilton
Old Dom
City of Atlants
Sarah
Shipping News
Port of
Pire
Erate
Rere
John Drew IN
Jack Je
Hudson
Aren Em St. Ae of
Exar
Robert Edeson
45Th St
Billit Burke
Priterign
44Th St
Herald Hatii
Williams
Knigkerbigker
Sas
Gottenberg
Gente Wier
Garrick
Joseph Coyne
Alexandra Carlisle
May Irwin
Georde
Mes. Peckhaw
Carouse
St. Avenings
Belasco
Blanche Bates
Fighting Hope
Arliss
Ahl
Apt Pelt Ee Bays
Vallli
Birdland
Casino Smers
West End
Kexo
Herald Sq
29Th St. Eves
Vox
Astor
We. Hodge
Lack
Arnold DaLy E Bijou
Mississippi
Thomas Wise
Douglas
Henry i Savage Pe Devil
Evsiene
Thor
Franz Molnar
Eer
Hermann Keir
Sespar
Gongerts
Mme
Hosa Olitzka
George Hamlin
Julian Pascal
Olive Meade Quartette
Colonial Mat
Alhambra
Dally
Wm. Rock
Leo Ditrichstein & Co
Mile. de Dio
R. Herz
Cchvius
DE Ragensteinerin
Empire City 4
Gans-N Pictures
Jamfes KK
Hagkett
Zend
Blaney
Julian Rose
Wm. Courtleigh & C. Lincoln
Daisy Wood Lloyd
Eugene O’ Rourke
Barry Lupino
Pullman Porter
American Italian Opera Co
Abramson
Eden
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