davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1907-11-08
CANAL WORK DAMAGED.
SeUere Storm Upstate-SnoJU Falls
at WdtertOzcn.

Amsterdam, n. Y. Nov. TN consequence OF
the heavy rains of the last few days the No
hawk River has reached food proportions and
to-day carried away virtually all the work that
has been accomplished in the way OF construct
ing barge canal through its channel The tres
ties and cofferdams in this city and at Fcrs
Hunter. where locks were being constructed.
have been swept away. and damage amounting
to thousands OF dollars has been caused Both
contracts were held by the Scofield company.
which recently failed. and only few days ago
the work was taken over by the state. 10 be put
in condition TO withstand the spring floods
Watertown. y. Y. Nov. IA heavy snow
storm. the first OF the season. prevailed in North
ern New York to-day. 1t began at an early hour
this morning and continued until a m. Sew
eral inches OF snow fell
Two coal barges. the Onondaga and the Black
Diamond. both heavily laden with COAL were
sunk on Stony Point light. in Lake Ontario yes
terday. The boats sprung leaks in the heavy
They owned in Montreal and wers
bound from OswegO TO that port The crews
were rescued
New-York tribune., 1907-11-08
NEW KNICKERBOCKER AID
Mr Morgan's Son-in-La5c Helps
Form q DepositOrs' Committee.

Another committee to represent the depositors OF
the Knickerboc1er Trust Company was announced
yesterday. 1t is composed OF Thomas De witt
CuyIer OF the Pennsylvania Railroad; George b.
Post OF George b. Post & Sons; Hnsdiil Parsons
fourth vce-president of the General Electric Com
pany; W. p. Bonbright. of the Central Colorado
Power Company, and w. Butler Duncan, jr. Her
bert L. Satterlee, OF Ward, Hayden Satterlee, IS
counsel
Officers viii! be elected and headquarters
announced. where the committee may be addressed
by letter only It announced that the Farmers
Loan and Trust Company, the Union Trust Com
pany and the United States Trust Company would
act jointly as depostaries for deposltors as soon
the plans of the committee had been formulated.
None of the members OF the committee is stock
holder in the I<nickerbocker Trust Company. Other
members will be added from time 10 time. The new
committee represents of the largest depositors
in the suspended company
Mr.. Sa:terlee said that the committee would con-
slider IN fair and friendly spirit all propositions to
rehabilitate the company in far as any plan de-
signed 20 permit the company TO resume business
was framed in such way as 10 preserve and pro-
tect the rights OF the deposltors.
Mr.. Satterlee is a son-in-law of J. p Morgan
and has taken active part in the formation OF
tho new committee Bankers looked with much
favor on the connection OF Mr.. Satterlee with
the committee. as it was generally believed that
Mr. Morgan would cooperate with his son-in- la a,
in Strengthening out the affairs OF the company
This new committee is independent OF the one
recently formed by the consolidation of the I'm
termyer-G GTossHnan- Brodek committees into one
Joint organization Of depositors. Neither has il
any connection with the reorganization commit
tee of tie directors of the Kniokerbocker Trust
Company. which is working q plan by which
Il hopes that the company may soon resume busi-
ness.
Moses II. Grossman said last night that he had
received no communication from he new Commit
tee. but added that his committee would be glad
10 work in unison with Mr.. Satterlees committee
or with any other organization which was working,
20: the early rehabilitation of the company He
said that the Joint committee. in addition TO rem
=esenting many large depostors. was acting for
hundreds of persons who had small deposits In
the company when Il suspended
New-York tribune., 1907-11-08
HERRIcK FOR CURRENCY REFORM.
Believes Financial FURRY Is About Over, "
but Urges Action by Congress.

Canton Ohio Nov. THE principal speaker be-
fore the session OF Group Of the Ohio Bankers
Association held here to-day. Myron T. Her
rick. ex-president OF the National Bankers Asso-
citation, whose topic was Currency Reform" Mr.
Herrick although he believes the financial furry
is about over, calls Congress TO come TO the
speedy relief OF the bankers by making a more
elastic currency. He said, in conclusion;
The incidents of the few days just past have
AFFORDED a striking example of the inadequaoy of
our currency system. The exhaustion Of bank
credits has provoked an insstent demand for cur
rency, and because OF the lack of the expansive
quality in our banknote system expert
encing what is practically n currency famine. Did
we possess a currency capable of being easily ex-
handed as the need arose would be able to
easily tide over such a crisis This experience
should make every banker in the country alive
10 the urgent necessity of using every means at
his command TO induce the coming Congress to
pass a measure Of currency reform as outlined
bankers.
New-York tribune., 1907-11-08
PROTEST FROM VEST.
Senator Hepburn Wants Ne7c fork
to Pan Reserves an Cash.

Washington Nov. 7.-Protest was made 10 frea!-
dnnt Roosevelt by Senator Hepburn. of Idaho, to-
dav against the further deposit OF government
money with New York banks until those lnsutu-
tors consent to pay the reserves of Western banks
I'm cash instead of cashiers checks. The Senator
said that crops could not be moved on checks
The President requested the Senator TO present
his views in writing The following is the text OK
the protest ION behalf Of the people OF the West
ern states and especially those of the Northwest
ern states
would urge that no further deposits of money
from the Treasury OF the United States be ma de
in New York banks unless upon the condition that
such banks shall Immediately make aVallable IN
money the banks in such Western states the
York banks account of such Western banks
The tying up OF many, millions OF doIIafs .Sd Sa
Western banks held by New York banks must in
evitaby result in empowering the New York banks
10 determine the time and conditions of free re-
sumption Of banking functions by the Western
banks, whereas If the reserves of the Western
banks could be converted into available money at
once, the financial situation OF the west would be
free from domination the part OF the East. and
the West would become valuable ally OF the East
In the restoration of desirable financial conditions.
rather than remain, at present, a fellow suf-
ferer.
The demands Of national banks for increased cir
culation continue unabated. Each mail brings
large numbers of requests. Indicating that the de-
mand in all parts OF the country is increa sing
rather than diminishing. For the last five work
ing days since November l, the Treasury Depart
ment has issued increased circulation 10 the
amount Of s7567.450 and this is likely TO largely
increased within the next few days.
Nothing OF disturbing nature has been received
at the Treasury Department to-day and the Treas
money stringency has passed its most critical
New-York tribune., 1907-11-08

t-:caGirg -Eol.se certificates VIII prove adequate
n sre,ens.ag q oeYere money strain here anG
thal there :vtu he 20 need fer bank scrlp.
TWELFTH WARD BANK o. X.
Mari. 6. Smith, State Sank Examiner, in his
report 20 the Stale Superintendent OF Banks on
the cord;t.cn of the Twelfth Ward Bark, says,
in part:
I gad the affairs of the Twelfth Ward Bank
in excellent condition. The suspension was
caused by the banks inability 20 procure the
necessary cash 20 meet the demands OF It's GUS
toners and not because il was insolVent Ihe
Re1eral character OF the loans is very satlstac-
fcrv I find no loans in excess, AID most OF tne
larger ones are amply secured. The real estate
nf the hank Is carried at a very low esumate
MS an asset. The difference between the book
z,al,le ard the actual value would, believe,
r.ore :haa cover any depreciation In the sur
g5:.:s and undivided profits of the bank as IN
dicated toy its Jocks .
Tie general character of tie management or
Sic han!; p-a the efficiency of its officers ana
pYnplovcs are Of a high order. Depositofs rep
,-esertjDe fully a million and a quarter OF de-
LISTS have signified IN writing their agreement
30 let this amount remain on deposit 1or a term
og four months. If the bank VIII resume pNSl-
rsss believe the bank TO be entirely solvent
and entitled tC resume business when IL mas
nYov.ded itself with the requisite cash 20 meet
1ke ir1r11neCia:e demands of its oeposltors elG
made suitable connections for making ITS clear
f@ve
New-York tribune., 1907-11-08

banks. These checks taken by the banks for
collection. The of $4,000 was paid out yes
terday from the sub-treasury in gold coin trans
fers from New York, Chicago and Boston.
decided improvement was experienced here to-
day. Another flood of gold turned into the
city from the SubTreasury, SS30.000 being paid
out before noon. This large sum came from New
York, and nne-tenths of 1t was for banks in this
city. The rest, in small amounts, went to Stock
ton. Sacramento, Oakland, Everett Washington
and Ogden. Utah. 1t is believed that the Safe De-
post and Trust Company will reopen The
Citizens State Bank. which stopped payment yes
terday, expects to reopen Monday.
New-York tribune., 1907-11-08

Strange what a little
thing will upset a man and
keep bim so all day, when
bc ought to be alert and
cheerful. A heavy, not bis
cult for breakfast has been
known to create d scrap be-
tween lifelong friends.
Il you want peaceful day
eat a dish of Grape-Nuts
Chew it slowly and cream.
The deliberate chewingof the
crisp, nutty granules, which
have delicious favour
with cream, will not only
Put you right but give you
strength of mind and BODY
for the mornings work at
the office. Try 1t. There's
reason" Read tie little
book, 1.-The Road to Well
Vile" in pkgs.
New-York tribune., 1907-11-08
MARYLAND PLANS BLOW AT NEGRO.
Elimination Of Vote of the Ignorant Element
Projected by Democrats.
[By Telegraph % The TrIbuns. ]

Baltimore. Nov. THE Democrats. who win
have three-fifths majority in both houses OF
the next Legislature. will. it is announced, pass
an amendment to the constitution. TO be sub
mitted to the people. to eliminate the ignorant
negro vote.
Democratic leaders held conference the
matter to-day. Mr.. StraUs, the Attorney Gen
eraI-elect, will draw up the amendment. II
will probably include both an educational and
a property qualification.
The preliminary draft will be submitted to
leading Republicans for their opinion. The plan
is to enlist majority of the white voters IN the
state in the movement. regardless OF party.
New-York tribune., 1907-11-08
BARGE CAPTAINS STRIKE ENDED

The general strike Of the coal barge captains
against the transportation companies and all others
owning coal barges for an advance in wages from
$40 TO $50 a month. which went into effect several
days ago, was ended yesterday. the strikers gain
ing their demand. About 900 barge captains
members of the Tidewater Boatmen's Union, were
involved In the strike which covered points within
an area OF about three hundred miles from the
Manhattan City Hall
New-York tribune., 1907-11-08

We struck out and found an earfv
Winter bargain for boys-a lucky
strike.
A maker of fine sweaters discon-
tinued certain lines because woolen
yarns are too high to make them
proftably.
He had ON hand 26o boys V neck
and jacket sweaters of $3.50 values
and 40 boys regular sweaters of a
81 kind.
All wool; gray, scarlet and navyI
sizes % to "a chest.
S1.65.
This bargain is just an introduc-
ton to our complete boys furnishing
department.
ROGERS, PEET & COMPANY.
Three Broadway Stores.
z5s s41 1850
Warren $. lsthst Sand ~
New-York tribune., 1907-11-08
SAN ANTONIO BANK sUsPENDs.

tBy Telegraph to The Tribunel
San Antonio Tex Nov THE Woods County
National Bank. OF this city. with capital stock
OF 5000 COO and deposits of $685. suspended pay
rnent this afternoon. owing TO steady Withdrawals
OF deposits. reducing its reserve below the statu-
tory limit The reason assigned by its officials is
their inability to get money due them in the East
New-York tribune., 1907-11-08
CHECKS FOR $4,000 TUBE WORKERS.

Pittsburg, Nov. THE National Tube Company
et McKeesport posted notices to-day that il would
meet the next payday with clearing house checks.
The concern employs about twelve thousand men.
New-York tribune., 1907-11-08
TREASURY AID FOR SAN FRANCISCO.

san Francisco, Nov. 7.-Sub-Treasurer Ralston
has been authorized to pay all government checks
drawn upon any sub-treasury in the United States,
and will in consequence pay all checks upon the
Treasury of the United States sent in by national
New-York tribune., 1907-11-08
EXPLOSION KILLS TEN LABoRERs

Douglas. Ariz-. Nov. IA terrific powder explo-
zion near Necozar Arz. late this afternoon, killed
ten Mexican laborers The accident occurred on the
narrow gauge railroad between Necozari and the
mines near Bisbee The powder was In two cars.
The men killed were employees OF the MonteZuma
Copper Company, a Phelps-Dodge concern.
New-York tribune., 1907-11-08
MEXICO SENDS 100000 TO NEW YORK
Try Telegraph to The Tribune.I

(By Telegraph 10 Ihe IribuneI
San Antonio. Tex. Nov. Two million dollars IN
American silver came through San Antonio last
nirbt consigned to the United States Sub-Treasury
at New York This coin. all in dollars, was sent
at the instance of the Mexican government to aid
in the present money stringency.
New-York tribune., 1907-11-08

a political adherent Of the Mayor. and after
Vrhitewashing by the Commissioner Of Accounts
he was exOnerated by the Mayor.
The exempt class has grown 20 undue proper
tIOns and the league will work for reduction OF
the places now exempt which should properly Be
competitive
New-York tribune., 1907-11-08

been called foc tomorrow morning, which
means an advance in the banks discount rate.
1t is expected that the increase will be a full /
per cent, from Gl2 to ~
Brussels. Nov. THE National Bank of Bel
gium to-day raised its discount rate from 515
10 per cent. and its rate drafts to 6la per
cent.
Calcutta, Nov. THE rate OF discount on the
Bank OF Bengal wcs raised to-day from 20 D
per cent.
In the last eight days the Bank Of England has
advanced fits discount rate three times On OctooeF
81 It was advanced from AZ per cent 10 52 per cent
to per cent las: Monday and to per cent yester-
day. It Is exactly thirtyfour years since the big
British institution has reported minimum rate
above per cent, the quotation being raiseo 10 j
per cent OF November :, 1913, which was the !llsh
figure since the OvereRa-Gurney panic or 1865 "hen
the rate was lG per cent. In the current year tue
rate has not been below per cent. 1t re-
duced TO that figure April 25 but as early as
August IS the AZ per cent rate, which had OBTAINED
in the early part OF april. was restored
The advance in the rate OF the Bank OF france
makes the second raise this year. On March q the
3 per cent rate, which had prevailed since MAY!
1860 was advanced TO 3la per cent. The highes,
rate in recent years az per cent over the emu
Of 1900 for about three weeks. This was colnclue'
with the advance in the Bank OF bneIaho ia'o ~ ~
per cent due to urgent financing in cohhectioH
with the Boer War.
The BANK of France changes the rate less often
than any other bank in Europe. as in view OF tiie
small extension of the credit system IN France 1t -
not under tho same necessities as the othel N"
tional institutions. Tho high rate just e'a
by the Bank of England Is warranted by the
,rael,1,, ret1-n which shows Il proportion or re-
serve TO liability per cent less than the average
OF the last eight years
New-York tribune., 1907-11-08

Thousands of overcoats of our last
Winters make are being taken down
and brushed and will be all right for
this Winter-we expect our Winter
overcoats to last more than one
season.
But not one of last Winters over
coats will be sold here.
All our Winter Overcoats, like all
of our Winter mixture suits, are
brand new this Fall.
$18 to $40.
To top off our Winter overcoatS IN
good shape
Knapp-Felt De Luxe Derbies
at Sc.
Knapp-Felt Derbies at So.
Crofut Knapp Derbies at So.
ROGERS, PEET & COMPANY.
Three Broadway Stores.
2ss s42 1850
opposite opPosise
City Hail. Union Square. Greeley Square
New-York tribune., 1907-11-08

been called for tomorrow morning. which
meaEs an advance in the banks discount rate.
1t is expected that the increase will be a full l
PER cent from Gl2 to ~.
New-York tribune., 1907-11-08

Brussels. Nov. THE National Bank of Bel
gium to-day raised its discount rate from 5H
TO per cent and its rate drafts to 6i4 pei
cent
New-York tribune., 1907-11-08

Rez!.n, Nov. IA meeting Of the central com.
s:'i;tee Of the Imperial Bank of Germany ha.
New-York tribune., 1907-11-08

Bolaoay Nov. THE rate of discount of Tho
Baul of Bombay was raised to-day from TO
per cent.
New-York tribune., 1907-11-08

Calcutta, Nov. 7.-The rate OF discount on 4
Bank of Bengal wGs raised to-day from 20
per cent.
The daily morning journal and courier., 1907-05-13
THE LOCAL STOCKS. NOTES OF INTEREST
To Investors Here and Here abouts---New Haven's
 Low Price.

New york, New Haven and Hartford railroad stock sold lower at the close of the week than any time since 1894. On Friday sales were made at III 1-2 and on Saturday at I'll to 169, the last sale being ten shares at 169. The lat ter figure is about the price of Boston and Maine railroad.
 Holders of Atchison railroad at tho close of business on Friday, May 10, can subscribe at par for 12 per cent. of their holdings in a new s per cent. con- vertible ten-year bond. The rights are now selling from 25 to 95 cents and ex- pire July 10.
 A sale at auction of 10,9e2 shares Of Edison Electric Illuminating company, of Boston, at prices varying from POP 3-4 to 2o4 3-4, is thought to be very good one considering the state of the market.
 Adams Express company has declar- ed a semi-annual dividend of 2 per cent. and an extra of per cent, pay able June to holders of record Fri day, May 10.
 Two hundred thousand dollars city of Waterbury 4 per cent. twenty-year bonds were awarded last week to Messrs. Blake Brothers & Co., of Bos- ton, at 101,77 and interest. This is con- sidered by bond dealers very high price, considering the present money market. Waterbury is to be congratu- lated on it's good credit
 The elearings and balances of the New Haven banks for the week ending May il, 1907, and for the corresponding week of last year, are furnished by the secretary of the New Haven clearing house as follows:
The daily morning journal and courier., 1907-05-13
s2,638, ,141.S6 $485, ,049.31 s2,559, O86. 09

SAJuovplNAtSp p1poyV1Vso1 pG5oOJgVcp,VO Increase in olearings week 1907, $74,- 055.77.
 Balances week 1906, $354, ,89526.
 Difference in balances, $50, 154.05,
 Clearings week 1905, $2,01s. .466,4S.
 Clearings week 1904 $2.006, ,SS5.53.
 Clearfngs week 1903, ,o80,05912.
 Dividends soon due are:
 Adams Express, S4, payable June i; books closed May 10.
 American Chicle, 2 per cent, payable May 20; books close May IA.
 American Cotton Oil preferred, 3 per cent, payable June 1; books close May 16
 American Express, $8, payable July 1; books close June 15,
 American Graphophone preferred, 1 3-4 per cent, payable May 15; books closed May l.
 American Locomotive, 11-4 per cent, payable May 27; books closed May 10. American Tobacco, ' 1-2 per cent, payable June l. books close May 15 Amalgamated Copper, 2 per cent, payable May 27; books closed April 25. Delaware and Hudson, 2 1-4 per cent, payable June 15; books close May 25. Diamond Match, 21-2 per cent, pay able June 15 hooks close May 29. Mines Company of America, 7 per cent, payable May 27; books close May IS.
 National Biscuit, 8-4 per cent, pay able May S1; books close May 16
 National Carbon preferred 1 S-4 per cent, payable May 15; books closed May 4.
 New England Telephone, 11-2 per cent, payable May 15; books closed [ April 20.
 North American preferred, 1-4 per cent, payable June 1; books close May 15.
 Norfolk and Western, 21-2 per cent, payable June 19i books close May 31
 Pennsylvania, 1-2 per cento payable May S1; books closed May 4.
 Peoples Gas. l1-2 per cent, payable May 25; books closed May 10.
The daily morning journal and courier., 1907-05-13
NEW HAVEN MORNING JOURNAL AND COURIER MAY


 Pratt & Whitney preferred, 1-2 per cent, payable May 15; books closed May 8.
 Pressed Steel Car preferred, 1894 per cent payable May P; books closed May 1,
 Pullman company, 2 per cent. pay able May 15: books closed April 30.
 United Copper preferred, 3 per cent, payable May 15; books closed May 10.
 United States Express, $2, payable May 15; books closed April 15.
 United States Reducing and Refining preferred, 11-2 per cent, payable July 1; books close June 30.
 United States Steel, 1-2 per cent, payable July 1; books close June F.
 United States Steel preferred, 1 S-4 per cent, payable May 31; books close May 8.
The daily morning journal and courier., 1907-05-13

A. o. Brown, of A. Q. Brown & Co: Tt may take several days for the market to recover from the unsettling influence of the Hartman financial plans and the unfavorable government crop report, but it seems probable there will be fair improvement in the near future"
The daily morning journal and courier., 1907-05-13
The Union Trust Go.
NEW HAVEN

NMW kaAVENt
 1HARTERED by the State of Con. O necticut with authority to act as Lxecutor. 5AAdminIstralot, Guardian, Re- Is legal depository of money paid Into Court and. public. Trust Funds. Acts nt Trustee. for Municipalities, Cor isters trusts of all kinds. Empowered to act as registrar of stocks bonds or other evidence of indebtedness, manage sinking funds. and do all business such as usually done by trust companies.
 It also does a general banking bus mess, collecting checks, notes, coupons, and receives deposits, The principal of each trust is invested by itself and kept separate and apart from the general assets of the Company.
 This Company is by law regularly ex. amined by the bank examiner of the State of Connecticut
 HENRY l.. H0TCHKISs. President, " EUGENE s. BRISTOL, Treasurer.
The daily morning journal and courier., 1907-05-13
NEW YORK STOCK MARKET.

Reported over private wires of Prince < Whitely, members of the new York and Boston Stock Exchanges, New York office 52 Broadway and 15 Center street New Haven Conn.
 High. Low Bid. Asked.
The daily morning journal and courier., 1907-05-13
Roaton stpck quotnt.ons.

Reported over private wires os Horr blower & Weeks. members oe the New York and Boston Stock Mx- changes. New Haven office. 27 Center Street,
 Boston, May II.
 High. Low. Bid. Asked.
The daily morning journal and courier., 1907-05-13
LOCAL SECURITIES.

Quotations received from Kimberly, Root & Day, Investment Brokers, 133 Orange street, New Haven, Conn:
 Par I3ih 4 AaLeh
The daily morning journal and courier., 1907-05-13
Closing Prices.

Reported over private wires of Prince & Whitely, members of ths New York and Boston Stock Exchanges, New York office b2 Broadway, and 15
The daily morning journal and courier., 1907-05-13
AilsceIInneous Randa.
B,d. Aplea.

Bid. A2I6a. Adams Express, As, 1947.. .. 101 Branford L. & W. 5s. 19s7. i6S 1io Inter- silver deb 6s. l9SS.. <. 9f
 do 1st 6s, l948...... tor 10S Middletown, 3,65, 1902. 100 N H. Gas con. As 1910-15. 174 NH Water con 4s 1910-15 :. 1G4 N, H, City Park 3Bs... gg \. Il. city Bridge shs.... ~. ~. 100 New Mil. Water pr. 1882. .. 105 N. II. Gas con. As, 19l0-15 ,. 174 s. N F, Telephone 5s, 194S Ii4{ Swift X Co 5s. 1914...... 100 10i United Ill. As. 1940...,... g. 96
The daily morning journal and courier., 1907-05-13

One reason why dollar wheat is talk ed about is because Europe and other countries will want 1t because of their crop shortages, and our farmers will therefore get high prices for the.r wheat. Even with the shortage of win ter wheat in prospect there are over 2OO,OoOO0o bushels of last years to come to market yet. So all is not lost yet, by any means.
The daily morning journal and courier., 1907-05-13

Of course the winter wheat isn't ru- ined far from lt--and spring wheat is but little backward, while corn is not planted yet,
The daily morning journal and courier., 1907-05-13

The latest pearish sensations were created by the unfavorable crop news and the Union Pacific call for more funds