davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1907-09-07
BUSINESS TROUBLES.

The following petitions in bankruptcy were fled
yesterday IN the United States District Court:
Az iuvoutary petition against r w. Robinson
= son Co. No. lss Greenwich street, oy creditors
FIJI claims follows: Edward Speck Ssss; r M
Sohinson- interest on the bonds OF the alleged
bankrupt corporation. loans and salary, 81, 1O0
.eerse A Parker, S58 Protested and unpaid notes
~se complained OF.
Samuel NJ Schomowitz, No. East 9sth street
Noi1r-s-y petition thowing debts of szSie and as
ses ef So. The principal creditor is J. W. Henry
Schedules Of John Fulton, involuntary bankrupt
s-cE debts of s2szH and assets of Sn-ls5- The
Elevator Company. $40 The assets consist Of
rro'es. %1e; accounts Sl.o7s; uniquidated Claims
''set, il litigation
Sucgs Eough les appointed receivers in involun-
tsTy Bankruptcies. as follows: A. Gordon Murray.
IeHsEer or J. ]. Robin Co.. with 8 bond OF
Ass :. Z. g. Reicilart, receiver of Jacob katz.
silh 2 bond OF s2Ve: Edward 3. Boise. receiver OF
.a..oTa.o p Boise. with . bond Of u 20, and VIII
- J. LAho0. rece.yev OF Paul l. 6nutzei Qncl'
pS3 SocA 6 1A
New-York tribune., 1907-09-07
OUR CREDIT IMPAIRED" "
Europe Harmed by Trust Prosecu-
h0ns, Says e.. X. Sheldon.

George r Sheldon. who returned from Europe on
Thursday, in his Wall street office yesterday,
and when asked what thought abroad OF the
government prosecutions of corporal ations said:
Undoubtedly credit abroad has been serious
~ impaired by the governmental campaign which IS
being conducted here against corporate interests
European investors are amazed at it's proportions.
ana the end not being in sight apprehenstve OF
the result They confident that this country is
hascaily sound. and If left alone will remain so;
bnt theY feel that continuance Of present fed
eial pocy Of corporate prosecution, persecution,
VIII result III grave injury to our industries.
mat Is the whole situation: Europe is standing
SUM- anX'olsly waiting whether the corpora
ton busting cloud. the only one on our horizon.
portends a coming storm will harrnessly pass
away Otherwise all Europe is bullish on Amerl-
can prosperity and there seems TO be no doubt there
uat even n the threatened recession in business
flateTlaltZes it Will he only temporary. and that
this country Will emerge from IT IN as good or bet
ter shape than ever"
New-York tribune., 1907-09-07
HUNDRED BIDS FOR NEW CITY BONDS.
Prices of Old Issues Show a Marked Decline
in Recent Sales.

! H NcCooey. Acting Controller. said yesterday
that nearly hundred bids had been received for
.he forthcoming s4e.0OO.00O AZ per cent city bond
issue That there widespread interest in the
new issue proved. he said by the call for cir
cllars about TIE bonds. He ordered ten thousand
Al first. the demand great he had to
order ten thousand
New York City bonds have declined in the last
few days from one-half point to point the big
st decline being the of 1857. the latest OF the
old issues. They offered freely at as yester-
day and numerous sales We're reported at that
price while a DAY ago the lowest price Ar
which they were offered was -. The As of 1856
were offered 95. and the 3l=s at Sc and So The
decline is believed TO be due to apprehension in some
quarters that there would be break in the price
of the older issues after the sale OF the new
bonds, and the consequent desire Of some Of the
holders TO realize.
At the prices prevailing for the old issues the
new s15s should fetch about 107. but in banking
circles was said yesterday that if they brought
between 10e and 1o3 the city would be doing well.
considering the state Of the bond market and the
financial conditions.
New-York tribune., 1907-09-07
HILL MELON" RUMOR.
Sad To Be Planning Cash Distribu-
1;on TO q. n. and n. p. Shareholders.

Reports current yesterday in Wall Street
that James J. Hill and his associates at work
on plans for making handsome cash distributions
70 the shareholders OF the Great Northern and the
Northern Pacific.
These r1mors followed the increase of the Bur
rncton regular dividend and the declaration Of an
extra dividend of per cent 10 reimburse the
GREAT Northern and the Northern Pacific for the
loss incurred in paying per cent for the last six
wears on bonds issued in exchange for Burling-
ION stock. while receiving only per cent in divi-
cends-
These shares have had exceptionally severe de-
clines since last December and Il is primarily be-
cause Of that. it is said, which was due in great
MEASURE To the tremendous oufpouring of the
stocks by the Union Pacific that Mr.. Hill is in
rlined 10 withdraw from his accustomed position
or o,lposinE the payment of extra cash dividends
II sas understood last fall that the Great North
err was 10 purchase the equity of the Northern
Pacific in the Burlington, but that plaR which
would have meant The payment cf cash divi-
dend 81 sao to s25 share TO the Northern Pacific
stockholders. took a long time for perfecting and
# last z2s temporarily abandoned a conse-
cuence OF the Unfavorable state of the market
IN the contemplated distribution, it Is reported.
tl,e Northern Pacific shareholders are likely TO
4.-e better than those Of the Great Northern, who
IN the last ten years have had The larger slices of
Tgfu melons
New-York tribune., 1907-09-07
GOOD YEAR IN COTTON MARKET.
Statistics Show Staple Commanded a Re-
markahly High Average Price.

IN its annual statement Of the cotton crop. issued
yesterday. The Financial Chronicle makes the
total yield for the year ended September : 1850.
go bales. The report says that the years produc
tion commanded higher average price than ever
before except possibly during the Civil War, and
that there only unsatisfactory develop
ment- If il could be called such. IN view of the
fun absorption OF the crop. which a marked
cine n the aggregate volume Of the export trade
in cotton goods, the falling off in the exports
China alone being over g per cent
The exports Of cotton. set forth in The Chron-
Isles statement, were S52722s bales and the spin-
ners' takings 5,Is575o bales. leaving a stock on
hand AT the close of the year 26 sts bales
The Northern mills took 27oS sse bales and the
Southern mills 2.4s70SS bales. The weight Of the
rrop this year Is given s9S4 $50 pounds com
pared with 5,7sS 726o73 pounds last year when the
yield aggregated 1,3le,sso bales. The statement
continues:
The season OF 19-'07 In the cotton
industries of the United States has been like its
rernlnera1ive markets have been the rule in rsc-
heaily all departments. unhampered hv any i'm
portaHt friction with labor. As a. consequence the
oltpGt OF goods mas IN volume marked n new
1Td lu production despite the restrictive demand
iron China Furthermore there has been no
neaTta OF supplies Of the material the .-feld
r the United States in the las season having, been
somewhat ~ excess Of cOnSUrnEIiTe requirements
thus Increasing tfle available surplus a moderate
thtfnt- The available supply Of the season just
closed was 14ssi2S6 bales. of which consumers have
absorbed lSoSS+s2 bales. leaving visible srIpq;
II American cotton Cn august 81 1877, approx
nafeiy 1885, 81 bales. greater total than
ceTt August 81. 1866 or cotton other than Amer
lean the combined visible stocks at the close of
sFondins date OF 1906 and were therefore, also Of
record proportions.
New-York tribune., 1907-09-07
CHICAGO GRAM AND PROVISIONS,

Chicngo Sept. 6.--hu overwhelming amount OF
bullish turned weak wheat market into 4
strong affair to-day. At the close wheat for De
cemhcr delivery was lip He. Corn WAS unchanged
to &c lower. oats We're e4c higher. Provisions
were unchanged 15c higher. Tho Initial quota
tons I'm to-day's market were slightly higher than
the close Of yesterday on a fair demand from com
mission houses and shorts Within few minutes
after the opening. however lower cables. easier
prices for cash wheat and heavy selling by local
longs caused slight Gecline. Later the market raj
lied and became strong on renewed buying OF cash
wheat and futures for foreign account reports of
frosted wheat and poor thrashing returns In the
Northwest aud the sale of 1GlOD bushels 10 n New
York exporter. Under these influences prices ad-
Vanced sharply. and many who went short on tile
earlv decline were forced cover higher prices
An excellent trade for flour was reported in the
spring wheat section. The most favorable item for
the bears the reports OF improved crop condi-
tiOns in Argentina December wheat opened 14c
to lbc higher at S9zc 99l2c sold between 9SI4c
and I0i closed strong at 10012c Exports for the
week. as shown by "Bradstreets' were equal to
2944OOO bushels against 2466.ooo bushels on the
same day last year.
CIearances OF wheat and -four were equal to $1,000
bushels Primary receipts 176,ot0 bushels.
against 594 900 bushels for the same day last year
Minneapolis, Duluth and Chicago reported receipts
of si5 ears against 254 last week and e6 cars
Trade In the corn pit to-day was heavy. but Iess
in volume than yesterday. The demand for export
was less and the bulk Of orders from the country
seem TO favor the bears side OF the market. Com
mission houses good buyers and the specu-
ative demand was heavy December corn opened
1Ic higher at 611sc sold between e5c and 61hc and
closed at 603c 60sc Local receipts were JOS cars
with 115 OF contract grade.
The oats market sold off early in the day because
of local longs who threw much grain upon the
market. The offerings were not readily absorbed,
however and throughout the day prices were ad-
yanced easily, strength of wheat helping great
iv Prices were nervous and responded steadily
10 large transactions either side. December oats
opened 1sc 40 higher. at 53s4c to 53sc sold De
tween 50 and 54lH and closed at 54@s Local. receip's
were 25s
The provision market easy early In the day
on a heavy run of live hogs. Later prices were firm
In sympathy with grain. AT the close OCTOBER pork
was 15c higher at SIS So Lard was up DC to 81 TO-
Ribs were unchanged at SIS 20.
Esttrnated receipts for tomorrow Wheat. 20S
cars: corn, 314 cars: oats, sS2 cars: hogs. 1900
head 4,
New-York tribune., 1907-09-07
WANT POWER FROM SHAREHOLDERS.
ar. Hartman May Be Looking for Ratifca-
ton of His Stock Purchases.

Attention vas drawn yesterday in Wall Street
70 a clause in the proxy sent out by the Union
Pacific management for al the coming annual
meeting which II suggested might indicate
Sesire the part Of Mr.. Hartman to obtain a
Specific ratification by the stockholders of his pur-
chases Of stock Of other railways, the facts con
osrning which came cut at the Investigation con-
oacied few months ago by the Interstate Com
lneoe Commission. The proxy form appoints E.
II Hartman, W d. Cornish and ]. n. Baldwin
ds proxies 20 represent the shareholders at the
meeting. FOR the purpose OF electing directors
ana OF transacting any other business which shall
come before said meeting including specifically the
approval and ratification of all action Of the board
q directors and of the executive committee since
tne last annual meeting of Stockholders
The request for ratification by the stockholders
oi the acts OF the directors is not unprecedented
although most proxies do not contain il.
New-York tribune., 1907-09-07
Is in the local market to-day

COTrON-The cotton market and ir-
reeuls- today trading largely the OF
evening for holidays. The close steady
decline OF points 10 advance CT point. sales
estimated 10000 bales The market opened
aiyanc" of 345 points. which full
Response the cables Right afterward the market
on a decline OF ga points. unde- realizing
scattering demand. part OF which attributed To lea
ing houses during middle worked
up 70 "a n advance cf po!nts toe Of the
National Association. which showed average
condition err PR cent To- irr cent last
month. This followed by renewed weakness in tho
under revival uf scattering LIQUIDATION and
Irtcas 4Q5 points lower the
active months The close little from the lowest
covering The first ginning report of the season is
expected 10 O'Clock Monday morning. followed az
II O'Clock Is the condition hEgres % the government
Tic trade is r1ucct'rR census report scowing the
amount q cotton guusd prior IN @@ptembcr t. bs
about $500 -3oH0 bales Ei1ne4. against 10000 bales
lssi round numbers. and estimates to the
pr. There here during the after
that SPOT markets in sections of tho belt
easier. = telegram f-'s Texas that drouth
being liuncl is short and weak.
about 80" rounds Of seed cotton
bales OF rt ottou. whereas the
u H~~i cotton turned go pounds. Superiu
King movement figures covering tire first week
the follow Port Ir~eipts. 39HNl bales. against
1896 Inst year. overland 70 mills and fanada. ""'1
bales against 14c9 year Southern NTH tanRs ies
mated 90 beles. against 5000 last Ea:n -
year brought sight six DAYS against seven
season IA bales. II year.
The % contract prices the local market to-day
u ! as
New-York tribune., 1907-09-07

President Thomas T. Fowler in his report to the
stockholders. says that during the wear additional
equipment vas purchased TO meet the requirements
OF the increasing summer passenger traffic. II was
also found necessary to Increase the boat equip
meEt employed in the carriage OF coal from te--
ininaI points, improvements the main branch
lines have been continued. The physical condition
Of the properly is much better than at any previous
tin" in tho history Of the company
The local passenger earnings FOR the year were
S.2%.afr. compared with Sis 213 IN tho previous
year. an increase Of slG-C97 or ss1 per cont The
through passenger receipts consisting of coupon
and cuiS-aut business. amounted 10 $co5617 as
compared with 5lSaS33 in the previous year Local
freight earnings amounted TO El.177,16 compared
With SLl--S1 the previous year an increase Of
Si-i4. OF fN3 per cent. Tho through freight earn
irgs were $79l,oG9 compared Dith S07S5 in the
previous year. an increase OF &S2al4 or Il.g7 per
cent.
The report says
The earnings or the company from tho trans
portatlon Of coal s3.612tB. compared with
3 O7a%S5 Size previous wear. lu increase ~ Sso75S
on 1sSS per cont Tho total shipments frotn the
Scranton division. including the supply coal used
engines and at stations w--e 27tS3S gross tons.
increase OF 25IIaf tons over tho previous year.
Sc pnr cent. The total output ~ anthracite
coal from the entire n.Id tho ycn- 1905 was
55fq1s5 TONS decrease ~ 5.7ll COS tons. as conf
pared with the previous YEAR
New-York tribune., 1907-09-07
EXPORTS.
CASH QUOTATIONS.
GENERAL MARKET REPORT.

NOTk. StYIeIlTc- '.
COFFETg-The coffee market hyrJeT to-iey and
closed steady a advance of 5Ul5 points. Sales
for tire day were about 10000 bags. The ming
steady q Il decline % > points advance of >
September being little sea tortnE
liquIdation. mCut&s unchanged 10 >
points on AMI fTmncss foreign
showed noteworthy gains early. but
foreign markets have recently ruled steady u nrn.
The slight additional gains seemed to make an i'm
local sentiment while the market was helped
during reports higher hrIu offers from
Brazil unfavorable accounts. which however.
definite European shorts appeared
to Ire covering here and there was little buying by
reported that of the leading
French operators who bearsh at this time last
year Is sending buish the condition ot
the crop AMI s. advising hsses. Hayre closed ]:
f'arc net higher ard Hamburg was l.9% pfg hghc:
markets Rio advanced ~ reis and santos
unchanged Receipts az the two ports were +2ooo
bags O0 last and JuHdlahy receipts
"a against 600 bags last the market
for got coffee steady. with quotations on the basis
OF sc for Rio No :
The range prices in the local market to-day
lInts.
New-York tribune., 1907-09-07

Tie earnings were the largest for any year III
the history Of the company. The untitled orders
on had at the close of the year were the heaviest
exceeding the volume reported for the previous
year by nearly 20 per cent On this point President
Topping says:
WINE current demand is net as pressing as II
was during the early part of the year, yet the vol
ulhe OF new business booked since July /. 1901 has
heen up To the maximum producing capacity. The
outlook therefore, for future operations is encour-
aging
FROM the total surplus there was appropriated
Tor arrears OF dividends the preferred stock S
per cent making the dividends fully paid mp to
date. leaving profit surplus OF
F5.'get@f to be carried to the balance sheet.
The production OF the rolling mills and factories
WAS 6o60 tons against 7i2 49, tons in previous
year; pig iron 614 954 gross tons against 1884;
steel inSots 546645 tons against 51l 76S tons; rails.
sheet bars. slabs and biilcts, 1891 tons against
45!S9; orc 9i70k9 gross TONS against 970I06: coke.
52l5tl tons, against &i3.4S tons in 1906
The condensed general balance sheet of June 50
last compares with the previous year as follows:
New-York tribune., 1907-09-07
EUROPEAN PRODUCE MARKET.

Liverpool. septeInber e-Closng: WHEATmspIs s noFs
iossd; March Is 1880, coRN-spot firm: American
,nSei new firm IS 21d: futures quiet; September os
5&d; October IS eAd PEAsmcanadiana fru Is I'D
Paciac Coast steady. e lesfs 5s BEE-Extra India
mess quiet els Sd PoRK.Prirne mess western s,ea6y
STmberIand cut rs so fb quiet. Dos Sd: short rib
,e ~ N steady b4s; clear middles light % TO
"a No. steady Cd long clear iddles heavy IS 70 40
hos clear backs 1S to 10 ID quiet
AS Cd: clear bellies IA &c ID. steady Sis Cd sHouI
DERSISquare. IL to ID fb easy, 3ss 6c. LARD-PriEe
sfsaSs- AIS Sd CTIEEsE-canadisn finest white new.
u. finest colored. frTn 5Is Cd
r.Iy ovyNpr,ms city dull 30s Sd. RoSTN-Commoa
oniet los Tld- Observation-Disclosures STEADY, %.
SxoaAy. 2aA
New-York tribune., 1907-09-07
OTHER mARNETs-BY TELEGRAPH.

chicago sept 6.-CATTLE-Receipts about l5eo Aes1s
,,srsq slow conrnan prime steers S+2St 10 eSS
So 30s5 heifers S39ss 7s; bulls s. 4ogsS caves. 80
SS stor.ers ana feeders. 81 4GGSS- HOGSEsceipSs
Sbout f6 0e0 head. market 5e1Jc higher choice hslyy
hi--frr aGS6 so; light butchers So sOs0 CO. isn-
mixed so i5ss 30: choice light So oqS5 &C. sS
40s6 10: pigs IS 5Oel$6 =; bulk OF sales - eSo 81
STIEEP-Receipt about 6Co0 head market nrr1 snesp'
f,ncrnsti Sart e-HOGS active; bGtche-s and snip
s. 25ffS6 . CAIll
fsir ~ good shippers. $5gSJ I5 common. = l.S5 d
SHEEP steadv at So 25G$5. LAMBS steady SiSI 20
FaSt Ruffaio sept 6.-CATTLE-ReceipIs. % head
market slow prime steers. 50 25aS6 70 FEALs-Ite-
ceips Coo head market Opened active and &c nlses
closed 81 5oEsa - HoSis-Reeeg1s $500 ss: "a
log 1Jc higher heavy. 80 5gaSo ~
T9ixed S6 500 Sc Yorkers. So 5gtSl PIGS 50 Ss ~
roughs 81 e58s5 IS; dairies 50 zSsS4- sH-EP ND ND
IAMgS-Rcceipts T.aeO head. sheep aetve lambs slow
Of IS 5eGSS 10 - =
rSsrsas Cttv sept 6-CATTI-E-Receipts 1000 had
Including Southsrrs market steady 70 EASY Chocs
81 sOS6 Western 50 1895 80. stocers aad feed
Southern steers. 50 alIsf 5O S9usesn
cows Sc 5GGS3 20: native cows s3as S naive neeTs
saT7s5 bSs 5G<5 60. calves 50 z3e1S6 % HOGS
head 10c higher bulk OF seeS
S.SsSc heavy. aGESS packers S5G>S Ia
-I4zFT-Recepts. 2.T00 head; -nsrkst STEADY LAMBS
s. 5S7 SO ewes and yearlings. Ss4S5 80 ralSe year
s S. eOas5 range sheep 81 5 sS SO; sockers and
feeders IS SossO
New-York tribune., 1907-09-07
FARMERS. ORGANIZATIONS 10 UNITE.

Chicago Sept s--Ch.raso is to he the future
hcmc Of an international union Of farmers orgaui-
zRtions. The Producers and Consumers Intcrna-
tional Equity Union and Co-Ope-ative Exchange fs
the full title Of the central body II Is pro
posed 10 make th" constitution broad that all
present organizations among farmers affiliate
with the now central body The Grange. with 700
90 members; the Farmers Educational and Pro
tcCttve Association. with 2001Gys members, and the
American Society of Equity. with 10000 members.
are expected 10 cooperate with the body.
New-York tribune., 1907-09-07
CROPS IN SOUTHWEST GOOD.
kock Island Officials Hold Optimistic Views
Of Outlook Along System's Lines.

Aock Island officials speaking optirnistically
o. the immediate business outlook in the territory
NaArsed by the systems lines high official
@ The Rcck Island told Tribune reporter yes
peraay that the earnings of the company were
increasing very satisfa actorily. Crop conditions
were especially promising. ne added According
10 reports now being received from the COM
psnys officials in the Southwest the prospects
were for a crop up TO the average OF the last ten
years The crops IN excellent condition
everywhere along the company's lines. though
iaey. were still in need Of little more sunshine
to rlpen them thoroughly.
New-York tribune., 1907-09-07
RECEIVER EoR RELplNe- HAL COMPANY.

Chicago. Sept. "a receiver appointed to-
day the Belding- Hall Manufacturing Company,
makers Of refrgeTaiors. OF this city. The assets
are placed at Sipoplo and the liabilities at 10000
New-York tribune., 1907-09-07

market closing as follows: Mixed. &c 81 70. s5c:
natural white so TO 80 N ca o65c and clipped white.
SG TO 50 10. 6tg16c- RYE-Market firm: No . West
ern soc nominal + New York. BARLEY--Market
steady; mating, 81 @95c T New York. Wheat.
i@neluding inc -four exports for the week. according
Bredstreets s.. aggregate 2.923 10 bushels against
3,SoSS6G last week and o4GGO32 last year. since July
J. 1891 wheat exports 20a1 116 bushels against
30 bzp iast year Corn exports for the 507.
1o4 bushels against I9S.o11 last week and 3e1. .1T9
4J7. .254 wear
New-York tribune., 1907-09-07
SATISFIED JUDGMENTS.


that OF the creditor and date when judgment
fled
Coleman patriek-M Toornney: July "a leo7 SIS 90
Grimm I,ous-R Krafner; March H. 1907. -. CT
f;ursel Iena-M Kooperman: July 1907. 1ss 16
iao9 - -. - -. .4 2ss II
JuI.us Cecere-A Vaiacon al; May g. 1901.
ReynoIds. Eisworth-W- Blath February 1906 553 27
1865 bo7 10
az 1907 ....'..ee.. 1s1 es
ssme-J L Sheridan July 81. ........... s97 72
July 10 1901 12s So
rrrenty-eighth Street Company. Charles : Rog-
ers and American Bonding Company OF Bafti-
mrs-O' Corr Rusy Company: June a 1907 II 500 81
X1Eough ef alt 5una q, 1oO7 ~ e.