davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1907-06-27
IRON TRADE CONDITIONS.

Cleveland. June 26.-"The Iron Trade Review" to-
morrow will say: THE first half OF the year Is
closing with an extremely quiet market and no
for alarm The present decrease in new busi-
ness follows naturally the heavy buying movement
Of recent date
Spot prices for pig iron are vanishing. Owing
to better delivery being given by the furnaces,
many OF which are now pretty well caught up
their contract, consumers have little need spot
iron and prices for spot and for third quarter
practically Identical Some sales especially for the
first half OF next year. Well as for spot deliv-
cry, have been made at lower quotations. notably
three thousand tons of malleable at S20 Ohio fur
mace. for the first three months OF 1908 The crude
steel market is distinctly easier. The Cambria
Steel Company has sold about forty-hve thousand
tons OF blets prices averaging about $50 and this
has relieved the situation very much. Quotations
are practically unchanged.
THE most important recent contract for line
pipe has been made by the National Tube Com
pany for 1870 miles to be laid from Roane County.
w. Va. to Cincinnati Manufacturers OF mer-
chant pipe we'll supplied with orders and
promises for delivery cautiously made In
hoops. bands and cotton ties very little busi-
has developed. also important orders Will
probably be placed within a few days.
to the negotiation between the Pennsylvania Rail-
road Company and the Carnegie Steel Company for
the manufacture of the Cassatt rail- No orders for
1903 business have been placed at the $S price, but
IT seems probable adjustment will be made.
New business IN rails IS not heavy. but some I'M
portant inquiries arc pending"
New-York tribune., 1907-06-27

street railway property In Chicago. and up to the
nresent time has had no outstanding funded debt
The purchase OF the Sc 900 bonds above referred
to will enable the company to undertake the first
extensive work be started under the direction of
,be new Chicago Board Of Supervising Engineers
,1rovided IN the traction ordinance approved by
sbe voters Of Chicago at the recent municipal cleo
tion This project is part OF extensive scheme
Cor the Improvement of the local street railways in
Tticsgo and which, IL is claimed, will give that
csrv the best traction service in the world.
2 6 HOOLEY RETIRES.-The firm Of Hooley,
rea-nard & Co. will be dissolved on July and will
he succeeded by HOoley, Learnard & Smith Edwin
s Hooley who has been the senior partner in the
oja firm will retire from active business, but will
be a special partner in the new firm. which will
consist Of George E. Leonard. Charles G. Smith,
Frank T. Brumley. John B. Chamberlin and Ed
win S Hooley. special.
INTERBOROUGH METROPOLITAN. - c. L.
Parrnelee & Co. OF No. 20 Broad street have
issued a circular giving information of the vari-
Gus issues Of the Interborough- Metropolitan Com
pany. which they Will send gladly on request
c. P. r. PRESIDENT KNIGHTED-Sir Thomas
shaughnessy. president Of the Canadian Pacific,
has had conferred on him by Prince Fushini of
Japan the honor of second class OF the Order the
Sacred Treasure which is Japan's highest knight
hood.
New-York tribune., 1907-06-27
TRUST MERGER UP TO-DAY
William c. Poillon Says Ne70 Light
VIII Be Thro1cn on Consolidation.

William C. Poillon vice-president OF the Mer-
camille Trust Company, said yesterday that at the
hearing to-day in the suit brought by Bainbridge
Colby to prevent the merger of the Mercantile and
EQUITABLE trust companies. afidavits would be pre-
sented which would throw a different light the
conditions governing the purposed merger from
those described by Mr. Colby. He stated, among
other things, that II will be shown that Alvin W.
Krech president of the Equitable Trust Company
did not 20 to Albany surrepttlously 10 obtain the
consent OF the department 10 the merger, as Su-
perintendent Keep was aware OF the proposed con-
soudation Of the two companies prior to Mr.
Krechs visit.
II will also be shown. Mr.. Poillon said, that, in
contradiction TO the statement that the Mercantile
stockholders are giving up nothing by the merger,
they will forego their July dividends or 10 per
cent amounting In round numbers to $2OO.OOO Re
sardinr the price of $tS5 a share offered the
Equitable stockholders, he pointed out that thls
ss the market price Of the stock. and that. fur
tbernors the alternative offer to stockholders not
wishing 10 part with their shares was thar they
couId come into the company by giving two
~ their shares for in the new corporation
and obtain the advantages OF the Mercanuie trust
a..0sn,,'. business OF nearly forty years standing
William NJ. WINS one OF Mr.. Colby attorneys IN
+ha .uIt contends on the other hand. that the IN
equality OF the merger TRANSACTION between the
sforkholders OF the two companies is shown by
the fact that the Equitable Life Assurance Com
nanv admits that its profits from the merger would
he about 81 900 co., and that 1t would Dc al the same
TINA both buyer and seller In the trahsacuoh
Consequently Mr.. WINS contends that the SI'NoVVV
nro6t OF the Equitable Life would mean loss or
tha sanna amount to the Equitable Trust and re-
snIting loss OF the same amount to the stock
holders in the latter company
New-York tribune., 1907-06-27
". ROCKEFELLER NOT PESSIMISTIC
Says That the Business Outlook Is Promising
Railroad Earnings Gain.

William Rockefeller was quoted yesterday by
Wall Street news bureau regarding the finan-
cIal situation. He said:
think the situation which has prevailed for sew
eral months past is wearing itself out rapidly and
that the prospects for the future arc promising.
see no signs Of general reaction in business. Some
of the merchants and others may have little set
back in business, but 1t should not be important.
Concerning railroads. their earnings continue to
make astonishing gains. However It would be a
great deal better for them If their business were
running 10 TO 10 per cent lower. In that there
would be more profit for the railroads There Is
more business than can be handled economically.
For one concrete nlustration-and there are
doubtless many others like 1.-THE New York Gem
trail recently had seven thousand loaded freight
cars on its line which 1t unable to move be-
cause its facilities overtaxed. Such situations
make economical operation impossible.
Asked II he did not think that there was a
worldwide demand for gold from all quarters
which gave strained aspect to the financial
situation. Mr.. Rockefeller seemed not to attach
much Importance to this and remarked that he
did not believe there was big demand for
money and he did not anticipate that there
would be.
New-York tribune., 1907-06-27

THE TH1RTY-FOURTH STREET NATIONAL BANK
OF NEW YORK. 4l WEST Bath STREET
New York. June g. 1901.
Notice Stockholders:
You are hereby special meeting OF the
stockholders be held the Office Of tho
Association IN the Borough OF Man
haitian IN the City the sth day Of July,
1907 o'clock NJ. take action resolution
place voluntary liquidation TO take efreot
upon named IN said resolution which resolu-
tion will IN substantially the following form; . ,
Resolved. That The Thirty-Fourth street NHuonat
Bank New York be placed In voluntary Liquidation
under provisions Sections 5Z2O and b2Zl OF the
United Statutes such liquidation to take
And you are further notified at said meeting a
resolution will b. introduced for action by said stocE-
holders in substantially the following form:
'Resoved ths Board OF Directors and the proper
csers and they hereby authorized and
organize Bank under the laws Gt me
OF New York. be known NEW NETHERLANL u
BANK OF NEW YORK 20 succeed TO the assets ana
business that the Directors oe ana thsy
hereby are authorized to execute certiacss o. r.
roration OF said Netherand Bank Of New YORK IN
accordance with provisions Section 6S OF Chapter
orSa1izstfo1 ia be as OF the day cf July. 1907"
And you further notified that action VIII % 3Asn
on Euch other be deemed sssential IN
force and effect the resolutions % %
orered as aforesaid. Yours respectfully,
CURTIS ]. BEARD. Cashier.
New-York tribune., 1907-06-27
Diridend Notices..

THE FOLLOWING COUPONS ARE PAYABLE AZ
THIS OFFICE ON AND AFTER JULY i. 1905
Buffalo & Susquehanna r. r. 1st Mtge. Refund.
Is. Coupon No. IS.
Gulf Ship island R. r. 1st Mtgs. Ref. & Term.
IS. Coupon No. II.
Keystone Telephone Co. of PhiIa. 1st Mtss. 5s,
Coupon No. 4
Kansas City Viaduct & Term. Ry. 1st Mtse. 4Izs,
Coupon No. 4
St. Louis, Rocky Mountain & Pacific Co. 1st
Mtse. 5s. Coupon No. 4.
FISK s ROBINSON,
New-York tribune., 1907-06-27

BY order of executors.
membership New York Produce l E1cnanse ,,sss
'Ali oass sz eGaa1 oraer Of adninistrators
SSa SdS. GSs as ay s As2 SEQ interest ter
May l. PAID 70 May LIS / 1907 redeeHs0e at 1ss
500 EEe2 aE on Gun fE{ Gu 6aSs of kfs s G. cent
Saf 5ss nst Sasa aanaa2 aR AS SGI 119 o AR5 5sgss
PAID; redeeInable al on months no ~,
10 sSsTes wilcox & Gibbs Glano company; lot Us
shares Newport Casino Of Newport; Tss T5a4es *
entited 70 the privileges Of membership or
porstion s4Hg any u8 P45s regularly elected member,
according the act OF incorporation and
ss Paar "a re faaS9 4ss2 Eas9 s9iR Railroad
Company per cent stock: ;,: 10"
cent income bonds and trustees certificate %
s. shares Wiiliam Il Baker. syracuse. n. 7.
l1corporated; per snare .''''''''''''' -
100 shares Minneapolis & ST. Louis Railroad ,,
For 5--55 acc9Unt Of whom it may concern
share clinton Ban Association. ............- 81
80 shares Tnioa Typ@eHTite[ @ common;
1000 shares American Agricultural Chemical 49,,
tss 900 centfsi ot Georgia Railway Company third
preference Per cent income bonds. coupons
5000 PIE & Eastern Railroad second consol-
dated income per cent pYnds. due April XVI
% shares The Frontier Mining Company per ..
Is shares The Mutual Home and investment
Company O<snsas), 2,o00 shares Central
wsrebonsng 9aa si ompaS, 500 shsfss SortS
Tonopah Cod Mines COMPANY. $50 shares
shares Mexican Sugar Corporation and 100
shares Texas star Rice Irrigating and Milo,
800 scarsdals Estates per cent general lien
ter year gold bonds due July l. 1905. with g.
Booo shares Little Bull Frog Mining Company;
500 shares Cobalt Central Mining Company; per
BOO shares ooi;a.ia Silver PICK Mining Com
p2ny; per share. oO11o
New-York tribune., 1907-06-27

The following securities were sold yesterday al
auction al the Exchange salesroom by Adrian H
Muller & Son:
New-York tribune., 1907-06-27
Bowling Green Trust Co.,

II
70 BROADWAY, NEW YORK.
Capital, sl,O00,00O. Surplus, S3,OOO,OOO
OFFICERS:
EDWIN GOULD President
WILLIAM H. TAYLOR 1st Vice President
CHAs. P. ARMSTRONG Cd Vice President
JOHN A. HILTON Sd V.-Pres G. Treas.
WILLIAM NJ LAWS Secretary
DIRECTORS.
Charles P. Armstrong, John A. Hilton,
Frank Brainard, Myron T. Herrick,
Harry Bronner, Edward 7. Jefery,
Franklin @. Brown, Winslow s. Pierce,
Robert c. Clowry, Morton F. Plant,
Edmund G. Converse, Dick S. Ramsay,
VIM. Nelson Cromwell, Frederick B. Schenck,
Grenville M. Dodge. Andrew Squire,
A. Goepel, William H Taylor,
Edwin Gould, Edward R. Thomas,
Frank J. Gould, John P. Truesdel,
George J. Gould, E. F. C. Young.
New-York tribune., 1907-06-27
Dividend Notices.
Bangor & hrooSto0k Railroad Co.

Consolidated RefundinE Mortgage 49o Bonds.
Coupon No L. dus July l. 1907 from the COnsor-
dated RefundIng Mortgage ~ Bonds OF this Company
will be paid upon presentation. and after July l.
1907. the Offices OF Messrs LEE uGGiNSoN 3
CO. - state Street. Boston. or Messrs. BROWN
BROTHERS s. CO. 50 Wall Street, New York
EDWARD sTETsON. Treasurer.
Bangor Maine. June 26. 1907
New-York tribune., 1907-06-27
PHILADELPHIA STOCKS.

FURNISHED by Charles D. Barney Co, No 25 Broad
street, New York. and No. l22 South 4th street.
PhiladelphiaO
New-York tribune., 1907-06-27
SECURITIES AT AUCTION.

total EXPORTS 81 I43 o6l 80 sl24z z0oVlz
increase. decrease
New-York tribune., 1907-06-27
THE ORIENTAL BANK.

New YORK. June 18th. 1901.
DIVIDEND.
The Board OF Directors have this day declared s
Quarterly Dividend o. TWO AND ONE-HALF PER
CENT. and dividend OF ONE PER CENT. on
the capital stock this Bank, os
the past three months free OF payable July 1sr.
1907
The transfer books will close 26th. s D NJ.
and reopen July 1st. 1901, 10 q m.
GEO ". ADAMS Cashisr.
New-York tribune., 1907-06-27

COUPONS due July LIST. 1907 on bonds OF the
Consolidated Steamship Lines.
New York s Cuba Mail steamship Company
Mallory Steamship Company,
Hudson Navigation Company.
yu be paid after July 1st 1907, at tbs Nations
BANK OF North America. IS Exchange Place. New Yor
New-York tribune., 1907-06-27

THE MECHANICS NATIONAL BANK.
80 Wall Street.
New York, June goth. 1901.
A dividend of THREE PER CENT. has
been declared payable and after July ist 1907. to
- FRANK O. ROE. Cashier.
New-York tribune., 1907-06-27

MULT1PHoNE OPERATING COMPANY.
New York. June "a. 1907
The BOARD OF Directors day declared from
earnings the tenth regular monthly dividend OF
per cent on the par, the Of Il per cent Per
anuurn on par. payable Monday, July !. 1907, 70 all
stockholders Of record May 81. 1907. 141 Broadway
Nc" ISAAC THORMAN. Treasurer
New-York tribune., 1907-06-27
FOREIGN COMMERCE. IN MAY.

The chief Of the bureau of statistics Departmen
OF Commerce and Labor. reports the classification
Of imports and exports for May and the clever
months ended May 81 as follows:
New-York tribune., 1907-06-27
Financial Meetin gs.

THE TFIIRTY-FOURTH STREET NATIONAL BANK
OF NEW YORK. 41 WEST Bath STREET
New-York tribune., 1907-06-27

BY order of executors.
] membership New York Produce E1chanse- .,.p
New-York tribune., 1907-06-27
Ofics OF
AMERICAN SMELLING s REFTNTNa co.

ANhtItAN SMELLING 4 REFINING co. 81
Il Broadway y. 7. City. 5. 1901.
QUARTERLY COM STOCK DIVIDEND NO. IS.
The Directors OF the American Smelling Refining
Company this day a Dividend OF TWO Ca7sS
pany payable July l5 1907 stockholders OF record
June & 1901 The Books OF Company ths transfer
Of Common Stock Will be closed three o'clock p NJ.
June Is. 1907. and will be reopened July l6. 1901
W. z MERRIS5. Secretary
New-York tribune., 1907-06-27

New York Ontario 6 Western Railway Company.
New York. June 26th. 1901.
Ths Board Directors Of the New York. Ontario q
Western Railway Company have declared dividend OF
two the common stock out OF the
earnings for the year June Both. payable on
july Goth. 1907. 10 Stockholders OF record on July
The transfer Books closed three o'clock
NJ on July 10th. 1907. and reopensd at ten o'clock
~ - 80 r D. RICHARD Secretary.
New-York tribune., 1907-06-27
THE PEOPLES BANK
OF THE CITY OF NEW YOR

luna 20th, 1901.
ons Hundred Twelfth Consecutive ss1ai-AnauAl
Dividend.
The Board OF Directors this day declared
annual dividend OF i've Per Cent free OK payable
and after July l. 1907
The transfer books Will be closed the 22d Inst
twelve o'clock and reopened July 1 1907 at 10
o'clock A. II. MIIILAM MILNE Cashier.
New-York tribune., 1907-06-27
sSRD QUARTERLY DIVIDEND.
THE UNION RAG & PAPER COMPANY

QUARTERLY DIVIDEND OF 0NE PER CENT.
on the preferred stock OF The Union Bag & Papsr
Company has this day been declared payable on July
15 1907 70 stockholders OF record at the close of busi
June 29 1907 The transfer books OF the pre-
ferred stock will close u ". 18th. win
reopen at 10 A NJ on July 16. 1907.
W. L SPARKS. Secretary.
New-York tribune., 1907-06-27

10 Broadway, New York. Nay 2Srd 1901.
DIVIDEND NO. 6.
Il dividend or THREE AND a HALF PER CENT
$500 per Share) was this day declared the Pre-
Ierred stock OF the Southern Pacific Company pay
able on demand ana after 18th Gay OF July.
1eo.5 20 the stockholders Of record NJ.
on saturday June %, 1907. Stockholders who havs
Hot areaGy done so are requested TO rls mailing
blank orders can be had on application
A. X DE-V-EN--F-P
New-York tribune., 1907-06-27

Exports 71a e54 $40 s15s4 72 1912. SIT
F9ssI 9tst sxrorte9 q 4o714s 2ss51740 t444eo2
New-York tribune., 1907-06-27
The Associated Merchants Company.

HobOken, y. J.. June 2, 1907.
A regular quarterly dividend OF ONE AND ONE
QUARTER PER CENT. and additional quarterly
dividend OF ONE-QUARTER OF ONE PER CENT On
the First Preferred stock also regular dit
dsnd ONE AND ONE-HALF PER CENT. and an
additional quarterly dividend OF ONE-QCARTER OF
ONE PER CENT. on the Second Preferred Stock. Will
paid preferred Stockholders company
OF record on July 18th. 1907
The transfer books viii be closed s p. ". July
End. and rsopened at 10 \. N, july 10th 1907
MOSES ELY. Secretary.
The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1907-08-08
Pure Food and the Cost of Living.
From Leslies Weekly,

Some food industries will suffer
under the new laws. Certain kinds
of fish that have been widely sold
have been cured in the past with
borax, preservative prohibited by
the new regulations. 1t will be
necessary for the manufacturers of
this fish either to find some other
way of curing it or to withdraw it
from the market.
The same is true with some color
ed goods, where their brilliant ap-
pearance has been the chief factor
in their sale. When dyes are not
allowed. the lack of attractiveness
of some dessert preparations will
lessen their use. This will not
raise prices; at first it will tend to
lower them. The laborer with a
large family and small purse, who
Is compelled to patronize the cheap
grocery, has been getting cheap
food in the past-cheap In price
but dear in real value. Now he
may continue to 60 to the low-pric-
ed store, but while a few months
ago he knew very little of the quail.
ity of the groceries in his basket,
at present, if he is so fortunate as
to live in State where food laws
are In power, he can depend upon
it that his dollar has bought a dol
lars worth of nourishment, not
lot of adulterated spices, artificial
vinegars, misnamed cofees, and
bleached and preserved canned
| goods.
The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1907-08-08
PROPER BUSINESS PRECAUTION.

No newspaper in this broad Com
monwealth which is supporting the
Republican candidate for State
Treasurer will seriously claim that
his reputation for ability and integ.
rity is any better than that of Judge
Pennypacker when he was taken
out Of the quiet life of the judiciary
and catapulted into the Office of
Governor. He was claimed as a
model of official excellence. He
was said to have no faults at all,
perceptible or even conjectural, yet
he became the worst Governor we
have ever had, the most iniquitous
OF all our Chief Magistrates. His
administration will stink in the nos
trils of the people for scores of
years.
If the people hadn't elected Will
liam H. Berry to the Office of State
Treasurer in 1905 Judge Penny.
packer would still be enjoying the
enviable reputation for probity and
honor which he acquired while on
the bench. For nearly three years
he had been allowing his personal
and political friends to loot the
State and encouraging the nefari-
Gus processes. But almost the mo-
ment that representative of the
minority party got into the fiscal
boards the iniquities were stopped
and the atrocious character of Pen.
nypacker was exposed. Mr.. Berry
could neither be deceived, cajoled
nor coerced into acquiescence in the
vices.
If the Republican candidate for
State Treasurer is elected this year
the old conditions will be restored.
Granting that he is as honest as
Pennypacker was, he will neverthe-
less yield to the same influences
which corrupted that man of sim
pie life and lofty impulses. For
these reasons it is the palpable duty
OF the people to continue the mi
nority representation in the admin
istration of the state government
by electing that sterling and coura-
geous Democrat, John G. Harman,
of Columbia county. There is no
political significance in such a le-
suit of the election. 1t is simply a
proper business precaution.
- WakthMaN. |
The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1907-08-08

in himself the qualifications Of a
successful party leader and of cit
izen fit to be trusted with the Gus
tody of the public funds.
Upon the occasion in question.
when the extra session Of 1906 was
we'll advanced, Mr.. Hartman was
aroused by the gangs doctoring Of
the jackson bill' for the regula-
tion of the deposits of the State S
money. Mr.. Harman declared that
the bill, as it came back from the
Senate, "ought to be called bill
to strangle the incoming State
Treasurer" 1t was only the mid
die of February when the bill was
thus going through the Legislature
and Mr.. Berry was not to become
Treasurer until May. Haiman de-
nounced the bill as being aimed
ito rebuke the people who elected
an honest man to Office, and arrest
the Judgment of the electors of the
Commonwealth" He pointed out
that the Senate had so amended the
bill as to make it take effect imme-
diately upon its approval by the
Governor.
SAVED THE DAY FOR BERRY.
1t is believed by the Democratic
leaders that the bill would have
passed the House in that shape if
Mr.. Harman had not appealed so
powerfully to the respectable ele-
ment of the Republican side. The
bill provided for the manner of dis
tribution of the funds by a board
composed of the three Revenue
Commissioners and the Banking
Commissioner. Berry was to be
one of the Revenue Commissioners
in May, but Midnight" Mathues
was Commissioner at the time of
Harman's speech. Mathues' col
leagues in that Commission were
Auditor General Snyder and the
Secretary of the Commonwealth,
and the Banking Commissioner was
Berkey, the Somerset boss. The
gang wanted the funds disposed of
by these four men in advance of
Berry's taking the oath of Office.
Harman called attention to the
fact that two of the members of
this board were not elected by the
people, who had chosen Berry to
have hand in the apportioning of
the deposits. "If you pass this
bill" said Mr.. Harman, "the State
Treasurer-elect, when he takes Of
fee on the first Monday of May,
will have no part in the placing of
these funds, and I say to you as
Americans, as lovers of decency in
public life, as admirers of some de-
gree of honesty In public affairs.
this amendment ought not to
pass" Continuing, he said:
The people demanded in the last
election that the gentlemen who had
control of the situation for years
and years upon this hilltop must |
come down and out to give way to
a man in whom they have shown
I care not whether he
is a Prohibitionist, Creenbacker,
Mugwump or Democrat, they had
confidence in him, and desired that
he should have some control and
some say in the handling Of the
States money. When that vote
was cast the people never dreamed
that there would be an extra ses-