Morris tribune., 1907-11-16
Hotel Rents Roof Tents.

BJ0SSt RSUI8 no06 GWvUs
Already the plan Of the fashionable
Bellevue -Stratford hotel AZ Philadel-
phia to establish an outdoor camp ON
its lofty roof has proved success.
Several wealthy travellers have taken
up quarters in this curious combination
Of city and country conditions. The
camp consists Of thirty-two tents.
Arnold Print Works Fail.
That New England has felt the fnan-
cial stringency was indicated by the
appointment of q receiyership for the
Arnold Print works of North Adams,
Mass, with liabilities estimated at
about $1O,OOOOOO and assets claimed to
be S15,000,000.
Norfolk and Southern Merger.
A deed Of bargain and sale from the
Norfolk and Southern Railroad COM
pany to the Norfolk and Southern Rail-
way company, conveying all Of the roll
ing stock and other property to the lat
ter concern for consideration OF $lO,7
has been filed at Norfolk, Va.
Railroads Called to Account.
The Georgia state railroad commis-
sion has issued an order calling up0n
the Central of Georgia railroad and
the Southern Railway company for
''full disclosures touching the sale OF
the stock Of the former so far as the
facts may be known to them or their
companies Or appearing in the books or
documents In their possession" 1t has
been charged that the Southern Rail-
way company owned controlling in
terest in the Central Of Georgia. con-
trary to state law prohibiting one
line from owning stock in a competing
company, and it Is the purpose of the
commission to establish that fact il
such is the case. . .& ..a&UaHn
Vaudeville Merger Forced. 80 s.j3
The fight between the old vaudeville
houses in combination against the the
atrical trust. which has been going Oh
for months and which had entered on
new stage with the entrance Of the
Hammerstein- Keith Proctor interests
into the legitimate drama, was reported
to be at an end through the agree
ment Of Klaw & Erlanger to quit the
vaudeville field and their organization,
known as the United States Amuse-
ment company, to turn over all unful-
filed contracts to the United Booking
Offices Of America, the vaudeville men
agreeing to keep out Of the legitimate.
Seven Millions Of Gold Arrives. ,....,
The North German Lloyd liner Kron-
prinzessin Cecilie came to New York
with an installment of gold amounting
to about S7,10O,OOO consigned to vari-
GUS New York banks and bankers, and
the Lusitania Of the Cunard line
brought $1O,OO0,OOO more. The arrival
OF this gold was hailed as promising
to afford great relief to the existing
money stringency.
Steel Trust Absorbs Rival. ....
One important outcome of the con-
ferences at the home Of J. p. Morgan
was the announcement that the United
States Steel corporation had purchased
contror' of the" Tennessee" Coal and Iron
company in a $30.000.OOO deal and by
SO doing had greatly relieved the Trust
Company of America, which had held
o large amount of the T. G. and I. col
lateral. This deal also helped the gen
eral bank situation, because at the
same time it became known that Il. Ell.
Carey and III. G. Frick OF the steel
trust had called upon President Roose-
velt to request the administration to
ignore the proposed combination. 1t
was said that they urged the policy Of
hands off, in this case for the sake Of
steadying the market by putting In cir
,ulation the millions represented In the
oans based on the transferred securi-
les. This transaction places the steel
rust in control of about so per cent of
The total output of iron
President Thorne of the Trust Com
,any Of America said that they had
,aid out $S4 100000 during the two
weeks run upon the institution and at
asst every doubling depositor had been
paid Off In the end he believed the
company would profit by this fierce
light. which had shown no abuse Of its
unds.
Neat Prices Advance.
Despite the fact that there has re- d,
emily been material falling off In the
,rices of hogs and beef cattle in the
Texas markets the Fort Worth retail
RS say that the packing houses have
Idvanced the price of pork loins half
ent and other cuts IA cents, and
e.. Il