davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
BIG DROP IN D. & Fl.
Loses II Points an Ttco Days-NOte
Issue Report Untrue.

Delaware & Hudson stock, which sold Sat
urday as high as 1892, touched 1855 yesterday,
a decline in the two days OF more than II points
and closed at 179h, IA net loss for the day of 4
points. The weakness in the STOCK ascribed
to a variety of causes. the principal rumor being
that the note issue which has been expected for
several weeks was about TO be announced That
report, however. It can be said excellent au-
thority. Is incorrect because it is declared, the
company is in no immediate need of funds
although some new financing is probable before
long
The Delaware & Hudson Company. which had
previously acquired a majority Of the capital
stock and large amount of the bonds of the
Hudson Valley Railway Company, electric
system paraleling the Delaware & Hudson for Il
long distance northward from Albany. pur-
chased about year ago the holdings in that
property Of Charles w. Morse and f. Clarence
Jones & Co, giving its notes for the amount of
the purchase price. These notes. II is learned
from authoritative sources are to be paid or
to-day out Of funds in hand The amount In
volved is understood to be about 81 $50 600. It
is thought that knowledge OF this impending
payment may have been of the reasons for
the stock sales, the sellers inferring that the
transaction foreshadowed issue OF notes by
the company. Mr.. Morse II is understood has
within the last day or two closed out the last Of
one time. II is thought. TO about five thousand
shares. which bought at about 90 last
year. This selling is said to have been in prog
for several months.
At the annual meeting of the Delaware &
Hudson Railroad Company on May II ]. Rogers
Maxwell Will in all probability enter the board
OF directors as a representative of large stock
holding interests not represented in that
body, Alexander E. Orr. 1t will be remembered
resigned few weeks ago as first vice president
If he declines TO accept a reelection director
at the annual meeting. George +. Baker. presi-
dent of the First National Bank, Will be chosen
his successor. II is reported
l. +. LoTee the new president. has within a
few days returned from his first inspection trip
the road. An able railroad executive and
Of high reputation operating man. Presi-
dent LOree is understood 10 have outlined an eX
tensive programme OF changes and reforms
which will tend to improve the systems opera
ton and increase the earnings
The resignation of Abel l. Culver as second
vice-president and general manager has been
accepted. to be effective on June !. As already
announced, Clifford s. Sims. formerly assistant
70 the president Of the Erie Railroad Company
has been selected To succeed Mr. Culver as gen
eral manager. The second vice presidency VIII
not be filled at present.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
LAYS BLAME ON RAILROAD.
Counsel for Standard Oil Says Company Be-
heved Six-Cent Rate Legal.

Chicago, May The arguments for a new triaI
I'm the case of the government against the Standard
OIL Company which that corporation was re-
Gently convicted in the federal court of accepting
Illegal rebates were concluded to-day. Judge
Lands announced that he would not give his de-
cision for several days.
John S Miller. for the Standard Oil Company IN
the final argument declared that the defendant IN
the case should not be convicted, because the ran
way company failed to file with the Interstate
Commerce Commission the particular tariff sheet
naming the rate, which. 1t is charged by the gov
eminent was Illegal. lie declared that the stand
ard oil Company believed the siN-cent rate 10 De
lawful and that II should not properly be con-
victed because it accepted freight rate between
Whiting Ind and East ST. Louis which was
offered by the Chicago & Alton Railroad lie SAID
that there was no discrimination shown in favor OF
the Standard Oil Company by the railroad.
In conclusion Mr.. Miller asserted that the con-
struction placed upon tho Elkns act by the jury
I'm the trial deprived the shipper OF liberty ana
property without due process or law
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
BUSINESS TROUBLES.

The following petitions in bankruptcy were filed
with the clerk of the United States District Court
Charles Kirshgraber. livery stable No S26 East
4Sth street voluntary petition, showing debts OF
81 2S2 and assets OF sS,12J The principal creditors
are Charles H. Reed. 100 secured; James Gun
ningham & Sons, $l4S5. secured Annie Canaan,
50 900 ]. f Fitzpatrick, SlS79. The assets consist
OF cash. So; notes. Nfi two hearses 5000; &C
counts due 5000.
Frank p Sughia, voluntary petition, No. +30 West
125th street showing debts of $+S57 and assets OF
5000 The principal creditors the New York
Boyd & Co, s69i. The assets consist OF life In
SuranCe, 5000.
Schedules of Levy & Moskowitz show debts or
$5,79S and of S6.555 The principal creditors
Kennedy. $3.50 The assets consist Of stock. $780,
fixtures. $500 accounts due. 1885, claim against j.
Brinn & Son for wrongful conversion of stock
$500
Gilbert b Hamlin was appointed receiver OF the
X. & II. Laundry Company. with a bond of $500.
Regal-Demar Manufacturing Company. No. 400
Broome street. by creditors. follows: Henry
Glass & Co.. SIS; Bayer Bros. s2i7. and the Armour
Silk Mills S422 Concealment and removal of as
sets is alleged Leo Levy was appointed receiver.
Albert Sanders has been appointed receiver OF
the partnership property OF OnffrOy & Perley, in
surance, real estate and loan agents. pending a
suit brought by Frank l. Perley against ROLAND
NJ. +. Onffroy. his partner for dissolution of a
partnership formed on April 2 1906 Justice O'Gor-
man. OF the Supreme Court. fixed the bond OF the
receiver at $1,000
Justice MacLean. OF the Supreme Court. yester-
day appointed Thomas Calvert receiver for the
Replique Rubber Tire and Shoe Company a part
nership pending suit brought by Henry G..
Dorsch against Christian F. w. Reiss for 40
counting and dissolution Of . partnership formed
on NovSmbss ~ lsoA -.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
NO STOCKHOLDERS TEST SUITS.
Will Not at Present Oppose the Minnesota
Reduced Rate Law

According a special dispatch from 81. Paul
yesterday, II IS not likely that the stockholders
suits against the Great Northern and Northern
Pacific railway companies TO test the legality OF
the law recently passed in that state reducing the
passenger rates from three TO two cents mile
and freight about 10 per cent on tho average.
Will be brought after all. The I'm people, IL
said. had decided TO have the law tested by suits
to be brought by the stockholders, in which in
functions 20 restrain the officials Of the two com
panes from accepting the law would be asked for.
After carefully considering the matter, however.
the dispatch said. the controlling interests In the
companies decided that the public would regard
the movement as savoring strongly Of COLLISION
between the officials and the stockholders I'm whose
names II had been purposed to conduct the legal
actions Moreover said the Hin interests
had learned that the other large railroads in
the state had decided not to become Il party to
the suits it was purposrd to bring, nor to begin
individual suits In their behalf. Consequently,
the dispatch stated. the Great Northern and North
ern Pacific interests realized that the movement
was not unanimous ana that II a restraining order
was obtained the roads tnat accepted the reduc-
tons would naturally oct the larger part OF tn"
competitive business.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
TAKING COAL TO NEW ORLEANS.
Chicago & Eastern Illinois Investigates Mis-
sissippi Project

IT was learned yesterday that representatives OF
the Chicago * Eastern Illinois Railroad Company,
which WAS reported recently to have plans under
way 70 carry Illinois coal to New Orleans by boat
from Joppa. had made exhaustive Investigations
into the matter, but had not yet made report
From what could be learned however. II seems
,r,b,,,lo that the idea will ultimately be carried
out The road has extensive and valuable Soa
mines Joppa and little TURNER LoIt -, ~ IN IN
orleans would broaden the companys output
Tn coal could be carried in barges with capac-
nv Of about 2OOO tons. ten of which, II was SAID
c6uld he lowed by a single tug at comparatively
sO'au ovnsnsc The coal could. of course, be dis
tributed at various intermediate points between
fonno and New Orleans, and IL Is understood that
3be extent 70 which this could be done was one OF
he nrIncjp1I questions looked into by the COM
Dany's representatives
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
TRUST COMPANY PLANS.
Increment for Weekly Reports to Go
to Clearing House.

officials of some of the leading trust companies
expressed approval yesterday of the suggestion
made by J. S. Bache & Co. in their weekly fnan-
cial letter that trust companies should send in
a weekly report of their condition TO the Trust
Company Association. it in turn to send only the
totals OF all the companies to the Clearing House
TO be embodied in the bank statement. Under this
method, II was pointed out. the trust companies
would not be entaing any material additional work
upon the Clearing House nor would it commit the
Individual companies to- any publicity when was
the principal for their original withdrawal
from the Clearing House.
John L. Borne president of the Colonial Trust
Company the Colonial Branch of the Trust
Company of America when asked what he thought
of the suggestion, said:
/ have always thought that it would he good
Clearing House statement. The trouble has been
best feeling b new CIarir House and the
trust companies generally and the lack OF COOP
work out any plan OF Joint action.
Mr. Borne added that he thought the best way
to Introduce the plan would be for few of the
trust companies to get together and start the move
ment. and If II proved satisfactory others would
probably follow
Heman Dowd. vice president of the Trust Com
pany OF America. disagreed with Mr.. Borne on the
latter point He said il would be excellent
thing for the uust companies provided II was
plan was not worth anything.
tile Trust Conpany said he Thought the plan was
n good one provided the average system Was done
away with and a more representative method
adopted showing the condition of banking lnstitu-
tions Il certain day. Employing the average
system with the trust companies included, would.
he thought. augment its defect.
The officials of the Columbia Trust Company
stated that IL had always been their policy TO pub
fish statements by advertisements To a greater eN-
tent than the law required They said further that
they would be willing To- adopt the plan even II
only a portion OF the New York trust companies
consented TO IT.
Others who thought 81 would be a good thing for
the trust companies 10 send In weekly report OF
their condition on the lines proposed IN The Hache
letter " '. King. vice president or the New
York Trust Company. \. j. HemPhh, Niee-presi-
dent of the Guaranty Trust Company and Law
L Gillespie, vice president Of the Equitable
l,rfls i'nmrnnN
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
TRUST COMPANY MERGER.
Vaccinations Bet7ceen Mercantile and
Eouitable 1ctirely on Again.

Negotiations for the merger OF the Mer'ah'ie
and Eouitable trust companies. 1t was learned
,.oetor5a,. are again actively under way. and
~ ,,l,oI,. IN he brought to a successful end
sonn As consequence of the reopening or
thes, negotiations no steps are being taken Tor
selecting a new president of the Mercantile Trus'
Company. 10 MI the vacancy caused by the re-
cent retirement of Henry G. Deming on account
of III health II is thought that ALVIN w.
Lrach president of the Equitable Trust Com
many win be placed at the head of the larger
institution which will probably be known as
the Mercantile Trust Company. ,,loo
The Mercantile Trust Company has S2.oo,NR
canital stock 81 1863 200 surplus and undivided
profits and about Si0OnoOO deposits. Ihe
Icoultable Trust Company. which is compare
lively Young institution. has S3,O0oooo capital
stock ana SiG6G4.94S surplus and profits, with
SIS rs 600 deposits
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
PRICE EXPLAINS ONCE MORE.
Invites Cooperation of Public in Hearings
Before Referee on Abuses.

.r.bor exclamation last night Of his position in
regard to the action ne has instituted against the
New York Cotton Exchange. His statement in
part was follows:
Stipulations have been signed this evening be
4,reen Strong & Cadwalader, attorneys Tor the New
TIoauct my attorneys providing for an immediate
haa1In1 Of the case before Charles T. ftusIlInore
re eferee which hearings to proceed, day by
day as far as practicable; commencing on Money 9y
payyt These hearings will be public. and ! invite
the co-operaton and attendance or any VINO may
have suffered from the abuses OF which COM
Main and have evidence 10 submit .
7 have consented 10 this arrangement because II
viii enable me Immediately TO submit the eVlde6ce
Iave accumulated as the abuses which ne
I,eye 10 nave existed in the ADMINISTRATION OF me
T.otton Exchange and 10 get relief more promptly
,hen h., any other proceeding available 10 me For
no other consideration would have Withdrawn my
Injunction proceedings.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
HYDRAULIC COMPANY WIPED OUT.

Grand Rapids Mich. May Judge Willis b.
Perkins in the Circuit Court to-day handed down
a final decree In the quo warranto proceedings
brought by the State Attorney General against the
Grand Rapids Hydraulic Company. The decision
sus.9ins the Attorney General and wipes out the
company as a corporation. The state Legislature
in 1905 repealed the charter Of the company. grant
ed in 1919. The company. however continued 10 do
business and the Attorney General began proceed
ings to force IT TO out OF business; The com
pany is private corporation operating water
works system In competition with the city water
works The stockholders and bondholders are
largely Eastern people
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
BUCKET SHOPS QUITTING BUSINESS.

Chicago May Bucket shops throughout the
West and IN many states In the south appear ~
,r,,, =. tho .nd or their existence. Concerted
,,.I.tl,,a action against them in several different
$3.50 and the passage OF stringent laws prohibit
& Il, a., r-ou1 operating further together with the
aniiyity OF the Chicago Board or trade IN pros
cutting cases against them have bfeb bn1e had
he network Of private wires covering practically
averv state In the West, South ana Nor'aWeeN "
decide 10 Withdraw from tina busneaA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
pERE MARQUETTE MEETING ADJOURNED.

No business was transacted at the annual meet
ing of the Pere Marquette Railroad Company yes
terday and the meeting was adjourned TO June l.
The committee of associated shareholders protested
AGAINST this and instructed it's counsel to place the
facts before the Attorney General of Michigan In
20 So further steps this kind We're attempted. The
Commtttee has applied the Circuit Court for the
snnoi-,tment of separate receivers for the Pere
War,Iette and the Cincinnati. Hamilton & Dayton
rofIr oHG
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
FRIEpE coMPANY's PROGRESS.

The Friede Globe Tower Company has leased the
property behind the "Johnstown Flood" building.
at Coney Island. and has arranged with the Brook
Ign Rapid Transit Company TO build n side track
on this piece OF ground all tho steework. building
material etc. for the construction of the tower
will be unloaded. Special trucks have been de-
signed to carry It 10 the tower which is only $50
feet away The first several carloads of structural
steel the advance shipment OF large order placed
several weeks ago. arrived at Coney Island yeater-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
BRITISH TRADE STATEMENT.

London May THE April statement OF the
Board OF Trade shows increases OF ss S4O 900 In i'm
ports and $50 92S coo in exports. The principal in
creases in imports were food. s. 750eo: raw
terials $S2 10000. of which SS.7500o0 was cotton
from the United States. and wool. S.Oo.oM Inc
principal increases in exports We're manufactures
of iron steel. S.O00.0t0 and cotton textNes
e
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
THE DAKOTA A TOTAL LOSS.

liverpool May IAN agent OF tho Liverpool
Salvage Association, sent TO Janan to make re-
port the PROSPECTS of relocating the Great North
en- company's steamer, the Daiota which ran
ashore ia The Bay 81 Toxic en- March g. sends
WORD mat IL 10 Hopeless tr attempt 10 salvage the
esseI though part of Acr cargo NAV he saved
The Dakota IL said TO represent a loss 20 fhe
London underwriters Of g. 10000 " ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
COpartnersMp Dissolution.

NAY BROTHERS is hereby given that Sarah
i A Fay has retired from the business OF manu-
soap conducted at No 92 Monroe Street. in ta
RorCuefl OF Manhattan. 81 New York. under the
firm Brothers. and that John W. scott has
said business and viii continue
the same account under the name and style
Brothers
D"''' Wv " SARAH A. FAY,
JOHN ". SCOTT.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
TO END DRUG TRUST LITIGATION.

Indianapolis, May THE hearing OF testimony
in the suit brought by the government in the fed
eral court against the members OF the so-called
Drug Trust to-day postponed until tomorrow.
IL agreed that decree would be filed To-
morrow against all OF the defendants granting thu
perpetual injunction asked for BY the government.
will enc litigation
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
TRADED IN 45.o14,ooo SHARES.

In going over their books preparatory to wind
ing up their affairs. Charles G. Gates & CO.. 1t is
said have found that from March l. 1904, when the
partnership. began, to March !. 1907, they have
traded In 4,0lt.00 shares OK stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
Financial Meetin gs.
PITTSBURGH, FORT WAYNE 6 CHICAGO
RAILWAY co

Pittsburgh Pa. April so. 1901
NOTICE.-The Annual Meeting OF the Stock and Bond
Pittsburgh. Fort Wayne Chicago Rait-
way the Office Of the Company. IN To-
Wednesday, May 18th. a.
O'Clock the 81 eectng four Directors thres
OF like number whose expires on tnas
O"' anu '''' j. E. UPHAM. Secretary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
FOG PREVENTS WOOL SALES

LonSon. May The wool sales hero were post
poned to-day. heavy Eog making the interior Of
.ls exchange 30 dark as TO prevent sampling the.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
PRODUCE EXCHANGE STOCKS.

Trading active in the mining depart
ment of the Produce Exchange yesterday and
sales We're distributed among a greater number OF
stocks. The total transactions were 120o0 shares
Prices. however. owing to heavier offerings showed
recession The sales We're: 1890 Branch Mint -
14c and Ike. $500 Nevada Exploration Company az
19c and zoe. 1,lO0 Katherine Goldield at 1sc. 1000
Great Bend at &C. 1000 Silver Pick at sc. 1000
GibraIter Mines at 45lec 800 Montezuma at S. so
Jim Butler Soc. 800 Greene-Gold Silver Console
dated at 81 so and zoe Tramp Consolidated at SIC
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
Bid. Asked

Bid. Asked.
Adams Prospect. IS Is
Alaska Treadwel
Gold Min. Co. 30 S2%
Am. Chicle Co. -lS4 100
Branch Mint Pros
pect pr--..- Ia -
British Columbia
Copper Co.. ia rs
Butte Coalition
Mining Co.. p D
Cracker Jack Pros. is %
Cumberland Ely
Copper Co ..- 81 los
Davfs-D DAILY Estate Is l6As
DiamondfieId Tri-
angle Prospect. % 80
Dominion Copper
Co. Ltd. . 6Is IA
FL Orc Mining &
R'way Co. Ltd. Ga
Esperanza Ltd - p% 81.
Giroux COnsoli-
dated Mines Co. SN Q
Goldfeld Consoii-
dated Mines Co IA .7h
Greene GOLDFISH
\ ver VemmoA- ~sWN
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
PHILADELPHIA COMPANY.

me combined income account Of the Philadelphia
Company and affiliated corporations for the year
ended March g. 1901 shows follows
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08

Net earnings mos. 81 $50 go S2.0O2.9 80 *l67'
COPPER RANCE.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08

PITTsBURG RAILWAYS.
The Pittsburg Railways report Tor the year
ended March g. 1897, compares as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08

3D. ASkcos
Greene Gold-Sllver
pref .......- - -
Greenwater & Death
Valley Min Co. - 100
GuanaJuata Cons. "a "a
Jumbo Extension l>o 10
McKinley-Darragh y, Ia
Mines Co. OF Am. Ia =
MonteEuma OF Costa
Rica --- 81
New. Con. Cop. Co 1oS l5-A
/ Nevada-Ctah Mn
q Smelling Co. 5t3
New. Exploration. tS1, II -
Nipissins Mines
Co, ------ Is u ~
Old Hundred Min
ing co... 8
OrOViIls Dredging. 4
f. Tonopah Extension = 50
Tramp Cons --.-- 81 80
I Tn-i-Builion --.. III
Troy-Manhattan
United Copper On ~ 80
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08
RAILROAD EARNINGS.
& GREAT NORTHERN

INTERNATIONAL. & GREAT NORTHERN
Fourth in April. s303.co0 $1,000 ss3 900
July to April 3D. 7,192.555 5730lTT g. 434 987
LOUISVILLE & NASHVILLE
Fourth week IN April 81 .2DO595 SiO41.7a8 1904 O54
July To April DO -, l3627 855I9803 30 5SI
RIO GRANDE SOUTHERN.
Fourth week April. s18.sss SEATS se77G
duly ! 10 April So. 60G.3l5 fg79lO S9S $50
ST. LOUIS & SOUTHWESTERN.
FoaTta week Ia April. s246.473 s2l9582 $3.50 So
July 10 April 3o--- 6slS,4I2 74S5747 7,G4I.793
TOLEDO. ST. LOUIS & WESTERN
Fourth April. sIO3. 633 Ssi.7s4 SOL ,s3s
July 90 April 3d. 8.42l.67l 3453 TG7 9.lG9l67
TEXAS & PACIFIC.
Fourth April. s472773 S37ss 25 SIs3.434
January April 30. 73i,4 4595G18 4.133. 23s
GREAT NORTHERN.
Month OF Ap-!l... 81 500 59s s4172 a5s 50 247 1872
july April 90. l42 43.204 s3S 1854 23
CHICAGO GREAT WESTERN.
Gross earnngs-I'..... S7sO5a5 s761. 205 sGo2 s73
Operating expenses. 605.3T s68
Net earnings. ....... SI75 223 SI97.I2l SIss. 800
Cross earniags... a. 2oss75 s871ss74 $3.50, ls7
Operating expenses. J2lV2iO 4Elo,9l1 slT5.4f
Net earnings mos 81 ae6635 5000 $50 s1.e73.e
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-08

3s. $40 Total sales
The Montgomery advertiser., 1907-11-17
A FOOTBALL TEAM
 GOES ON A STRIKE

Delando, Fia.. Nov Ie.--The Stetson University football team, recognized throughout the South as one of the strongest elevens on the gridiron. has gone on . strike because President Lincoln Huiley has refused to permit ''Speciy" Campbell. stetson's auarter- back. to play
 President yFIulley refuses to give any reason for his action, and members ts- cline to play. claiming they have no other man to take CampbeiPs place. All scheduled games have been cancelled.
 Virginia Defeats GeorGetoywn.
 Washington, Nov. I6---Virgfnia over whelmad the GeorgetowffNs eleven this afternoon on Geore estown's held win ming decisively from the Blue and Gray by the score of 2S to 6.
 The Southerners were held to 6 points in the first half and for one brief moment at the beginning of the second half the Georgetown rooters saw vis- ions of victory but after that George town was never in the game,
 Texas Defeats TuIane.
 New Orleans, Nov. 16.--Tulane Uni- versity lost to Texas A. and M. Col lege here today. IS to 6. Texas's In- dian quarterback made the first touch down by an 'eighty-yard run. during which he shook off three tackiers. All Texas's scoring was done on touch- downs. TuIane's touchdown was made by blocking punt, the ball rolling te- hind the Texss goal line, where a Tu- ane player fell on it.