davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1908-02-11
BUSINESS TROUBLES.

The Sheriff sold yesterday the office furniture
and fixtures of the Pierce Well Engineering and
Supply Company. at No. 60 West street. under an
execution for s3l2 in favor of the Watson & still
man Company. The sale realized $40
The following petitions in bankruptcy were fled
yesterday in the United States District Court:
Involuntary. against the Salvador Brewing Com
pany, No. $50 Cherry street: creditors, Charles VI.
Warner s29.825; Ferdinand Aue. s365 and the Witte
mann Company, s. 40 Edward V SlauSen was
days
Involuntary. against J. Henry Mason jr. stock
broker; creditors, Robert s. Adams. S57. balance
said 10 be due stock transactions mad with
Mills Brothers & Co.. Of No 55 Nassau street. OF
which concern. it is charged. the alleged bank
rupt was and still is a partner. the New York
Telephone Company, 1854 for service TO Mills
Brothers & Co, and Albert Frank & Co. 81 S.
for advertising the firm of Mills Brothers & Co.
The charge is made that the alleged bankrupt on
January IS last. conveyed all of his interest in and
the estate of his father TO his mother. Mary
Lee Mason 1t is also asserted that j. Henry
Mason cannot he found within the Jurisdiction Cf
the court and that he has left New York for an
indefinite stay.
Charles &. birmingham was appointed receiver
with bond of $1,000 OF the business of the Moody
Corporation, of No. 35 Nassau street The estate
is said 10 consist of land buildings machinery and
presses in New Jersey. valued 10000: office fxt-
ures in New York with books supplies etc esti-
mated al 5000. and also copyrights OF unknown
value
The schedules of Ben tarin Silberstein show debts
CT S7.sS4 and assets Of 1901 consisting of stock
81. .s3. machinery, sl0s0; Insurance, 1900 and per
sona goods. $50. OF the debts. ss.015 is secured
and s.. 100 is due indorsed notes
The schedules of Rudinger & klspper show debts
Of Nt.2s2 and assets of s214. consisting Of stock
$500: machinerv eco: accounts sI7,06a and de-
posted sit in bank s2l4 OF the total Indebtedness
National Discount Company, $500 secured and
Leopold Gassner 2ss.
New-York tribune., 1908-02-11
LIGHT ON NEW L. & N. DIVIDEND.
Louisville Property Co. Stock Ought To Be
Worth Par. Management Says.

The mana cement OF the Louisville & Nashville
Railroad Company has sent circular TO stock
holders explaining the recently declared extra div
dend Of per cent, payable in stock Of the Louis
vile Property Company. The circular says the
stock of the property company ought 80 be worth
par II adds, in part:
The Louisville Property Company IS a Kentucky
CORPORATION. authorized own and deal IN prop
erty both real and personal. and the entire capi-
tai stock amounting to S5aoo. owned by the
Louisville & Nashville Railroad Company II helo
many parcels or of land adapted 10 the uses
of the railroad company, and also owned consd-
cradle bodies Of coal lands, located chieny IN the
State OF Kentucky It largely indebted 70 the
railroad company for advancements of FUNDS
The shares OF the Louisville Property company
are fully maid uu and Ton-asSessable- and II IS De-
lievad that they are reasonably worth their pa
value if not more. At the next annual meeting OF
the stockholders of the property company, TO be
held in March 1903. more detailed statement VIII
be Forthcoming.
New-York tribune., 1908-02-11
MADE KN1cKERBocKER DEPosITAR1Es
New York and Central Trust Companies
Designated by Receivers.

An order of court has been entered oesisHat4H5
the New York Trust Company and the Cehtra
Trust Company as additional depositaries OF cash
by the receivers of the Knickerboeher trust Coih-
pany. A representative OF the receivers sara yes
terday that collections were coming in at the rate
of about 5000 900 day and that up to date heafi5
$4,000. 900 in cash had been paid IN
The receivers have finished their computation Vi
the assets and copies VIII be sent N n few Gay
70 Justice Clark, OF the Supreme Court sftllhs III
Staten Island; the State superintendent OF haiihs
and the Attorney General Henry = ine' one ol
the receivers, said Yesterday that the report "oui"
not be made public except st the instance OF '''e
court a quantity of bank stocks and other So
cIrfties held as collateral for loans by the iN"icN
erbocNer Trust Company will be sold at auc''oh
tomorrow by order Of the receivers Tor hoil-paS
mant Of the loans when due.
Assents to the resumption plan are COMING :"
SLOWLY About 81 oo0. 600 of deposits have not yer
come into the plan. and unless they do SO oeiorS
next Saturday, when the question OF making 'i'e
receiverShip permanent comes UP again loi :"
hearing before Justice Clark. COUNSEL Tor Ihe ue
posftors committee said the present teInpofaT! re-
ceivers might be made permanent
New-York tribune., 1908-02-11
MUST SHIP right SIDE UP"
Appellate Division Holds That Railroads
Hare Got to Follow Directions.

p r1nz ni77ous decision the Court OF Appeals has
;us- ruled in the case against the Pennsylvania
Railroad Company brought by Stephen NJ Hoye.
LAWYER at No g. Wall street. that railroad COM
psnies % the state heed instructions Of ship
re-s q fragile goods tagged Right side Up; han
de with care" The Pennsylvania Railroad Com
psuv fought the by appealing to the Appellate
Division after the Supreme Court had returned a
verdict for the plaintiff about four years ago 1t
Is T-oba bIe that 4 large each year will have
70 b paid by railroads result Of the decision
in favor % NJ. HOVE.
Speaking of the case yesterday, he said he had
received in r rnutfated condition few years ago
electric batteries valued at $3.50 shipped 20 him
over the Pennsylvania by the National Electro
Motor Company Of Indiana polls Ind. He attempt
9 obtain settlement from the railroad COM
pan- upon proof that attention had been PAID
ay Inc roads employees 70 the shippers tag IN red
letters reading Right side up The railroad COM
perv according 10 Mr.. Hoye, told him the red let
1.r tag vas a dead -etter railroad men and one
g the Oldest lokes they knew
NJ ITore added: - Right side UP with care Is
no longer 2 thing make freight handlers grin
ne h1no- ~ Il has been extracted The RAILROADS
laIFhed and the people paidthat has been tie rule
n the past 7 &c tiny $50 and all costs TO cover
NY fight in the courts for four years.
New-York tribune., 1908-02-11
DEFENDS 7. s. C.'S PLAN
MT. WiHcor's Waterfront L. ~ Ill
.Solre ElcTenth 4renue Problem.

Chairman WILCOX defended the Public Service
Commission yesterday against he attacks OF soma
tor SAKE and his associates in the Committee OF
Fifty who had criticised the commissions recon-
mendation for a waterfront elevated structure TO
replace the New York Central tracks in Eleventh
avenue. He said the commission had done all In lis
power under the so-caIled SAKE law.
According TO Mr.. Wilcox. all that was provided
ny the bin was the of The Rapid Transit
Commission with power TO make an agreement win
the New York Central the removal of the tracks
and In this should not be accomplished within
a year the Corporation Counsel was to he directed
begin condemnation procee edngs of ali rights TO
the use of streets Tho agreement failed to be
reached within the year provided by the Law, and
soon after the Rapid Transit Commission was dis
solved and the Public Service Commission took its
place.
That body SAYS Mr. Wilcox Immediately adopt
ed resolutions asking the Corporation Counsel TO
begin condemnation proceedings. A large number
of informal conferences were held before the com
mission decided that waterfront elevated would
he the best remedy for the Eleventh situa-
ton.
In recommending the waterfront structure two
good the commission thought existed in
favor of the plan first, the removal from the tene-
mrnt house district o a business section of the
freight road and the possibility of utilizing the ee-
waited structure for the transportation of passen-
gers thus giving much needed relief to the conges-
ton in the subway and aiding in the development
of Harlem and the portion of The Bronx north Of
the Harlem River.
Richard Deeves. head of the contracting firm OF
Richard Deeves & Son. has written to the COM
mission approving the plan for the waterfront
elevated He thinks 1t would be a great thing to
have the road all around the waterfront, and
that it would be Of ncalculabe benefit in improv-
ing the citys shipping facilities. Such road. II
built. should he under the control of the city and
open for to all railroads entering New York.
Neither Mr. Deeves's suggestion nor the commits
son's recommendation of waterfront elevated to
solve the Eleventh situation is received
seriously by the Committee of Fifty Charles De
Hart Brewer. secretary of the committee. said yes
terday that the commission seemed have
looked the fact that all around the waterfront
there exists already the best and most servceable
method of transporting freight, namely good deep
waterways.
This waterfront elevated scheme is all
sense" he added II opposed, and I know the
Committee of Fifty is. to any proposition that will
surrender the of the streets any railroad"
New-York tribune., 1908-02-11
TRADE GROWS BRISKER.
Thousands En- ployed IN Resumption
of Industrial Plants.

Cleveland Feb. le-Petween 5000 and s,No men
returned work this morning at the 1orain plant
OF the National Tube Company. which had been
closed down for several months Under normal
conditions about $500 employed, and it IS
understood the full quota will be at work in a
short time.
Interviews with leading manufacturers OF Cieve-
land and Northern Ohio show optimistic feel
ing business conditions all sides. r. ".
Ney, general manager of the American Steel ana
Wire Company, said today that his company was
now employing in its various plants in this city be
tween f.eo1 and 5000 4 large number OF
these workmen have been on half time since the
beginning of the financial depression. but it
is probable that the entire force will be put back
on full time II the present increase in orders
is maintained
The plant OF the American Steel and Wire Com
pany at Salem Ohio resumed double turn opera
tiors this morning
After a shutdown OF nearly three months three
mills Of the Stark Rolling Mill Company. a. can
ton. resumed to-day. II Is expected thai the two
other plants OF the company will resume In two
weeks.
A marked improvement in trade is reported
among the rubber manufacturing concerns at
Akron The r r. Goodrich Company has added
go its force within the last few weeks.
and The plant is now operated with its normal
number of employees Other rubber manufactur-
ing companies are placing many additional men at
work
The tube plant of the Mark Manufacturing Com
pany. at GAINESVILLE. employing 700. resumed work.
and the RoseviIe Pottery, employing 800. resumed
half time to-day.
Chicago. Feb 10.-The plate. slab and structural
mills of the Illinois Steel Company. in South Chi
cago. which have been practically shut down for
several weeks, opened to-day, giving employment
ZOO men. Before the end of the week. accord
ing 10 ". A. Field. general superintendent. 5000
will be put TO work.
Biddeford Me-. Feb. 1o.-The Pepperell Manu-
local Gotten mills Monday. About four thou
sand operatives affected.
Maiden. Mass. Feb. 1o-More than thousand
operatives whose employment had been cut of for
eleven weeks returned to their work to-day on the
reopening of the Fells factory Of the Boston Rub
Der Shoe Company, in this city.
Manchester. y. H. Feb. 10.-It was officially
announced at the Amoskear Mills to-day that there
would be further curtailment of work Begin
ming to-day. mills resumed their schedule OF
running full time with the exception of about
two thousand looms, which will not be operated
this week Friday and Saturday.
Pittsburg. Feb 1o-The Republic Iron Works.
department of the National Tube Company, at
South 18th street will resume operations tomorrow
after an idleness of three months. The works are
the largest pudding mill in Pittsburg and employ
eight hundred men.
Providence Feb 1o-The 100 employees of the
Gorham Manufacturing Company, who have been
working on short time since Thanksgiving, were in
formed to-day that full schedule had been re-
stored
New-York tribune., 1908-02-11
ILLINOIS CENTRAL DECISION FEB. 20.
President Harahan Denies that Road Will
Raise $50 900 600 in Short Term Notes.

cfcsgo. Feb. ia decision in the suit Instituted
T sruy-esant Fish and others TO restrain the Vot-
'e OF 81 3. shares of stock in the Illinois Central
--liroad Company the annual meeting OF that
eorporsfl0n win be given February 70. at 10
oelock in ,h. rnorning according 10 an announce
ihent made today TO attorneys in the case by
sscge Fariin @ Ball. The adjourned election OF
sreeIors Tor the company is scheduled for March =
) T Harahan president Of the Illinois Central
Nslifoac Company. tonight denied the truth OF a
statement asserting that the company has in con
'eipls,lou = piaa To raise ssa.soy11 by means Of
e'oft term notes Mr.. Ha-aEan said that the COM
.4ny had financing plan under consideration, but
'aSt ro action had baeE taken on il.
New-York tribune., 1908-02-11
BOROUGH BANK MAY OPEN SOON.
Outlook for Brooklyn Institution Continues
to Grow Brighter.

Horny A. Powell. one Of the two receivers Tor the
Borough Bank of Brooklyn. declared yesterday 'Hat
N. porourh Bank ought to be reopened within two
weeks.
Conditions warrant a resumption III the lrnrne-
diate future" he said. The assets have peen
largely increased during the receivershlp ana luch
Of what has been accomplished is due to the eorls
OF yice-President William S Hurley.
Mr. Powell said that the only obstacle no" leiI
IN tho openins OF the bank was the failure OF a
sufficient number of depositors TO sanction the de-
ferrad pavment plan. a prominent officer OF the
hank said that the assets had been increased 81
600 600 during the receivershlp' the llaoilles u
,oin;sbad and the collateral strength increased by
ss0O
New-York tribune., 1908-02-11
PLEA FOR STATE BONDS
controIler Glynn Wonis Them Made
More Aftrdctiue for Investors.

.r,sar Feb. 1e.-The necessity of making state
,o,ss more attractive for Investment. tn
<-s1ssa.e work the barge canal and the good
sds system. is emphasized in the annual report
- ,fe-.,u H Glynn, State Controller submitted to
=. Terislsture tonight Under existing cond-
,s,-. the Controller SAYS 1t will take at least
,-reaty-hre years TO complete the enlarged canal.
TIE report points out that tie passage Of The Hill
All of last year. exempting savings banks trust
cornnanies and life insurance companies from the
: -e- cent franchise assets to amount
o.sl 10 the aggregate Of canal bonds held by such
s,s-rytiors has had little effect the sale OF the
: per cert canal bonds The Controller continues:
r-hue II may be claimed that this condition is
eo;s;,rbsnces e over the entire country. it IS
ihess for lie sate & to SCI ponds IN the near ar
vroTk hishTays and the barge canal II is true
.5e rate highway Improvement bonds. but the
bonds for tho barge canal are issued under Chap
-e- Il, OF the Laws OF 1875. which Is a referendum
=, and in said act the rate OF interest is fixed
q per Gems. and it is the general opinion that
legislature without resubmission ef the question
e 7be sttrsctiveness of state bonds might be IN
erased If they were exempted from any and all
e sdoo1ed the of interest on state bonds
Taust be increased TO make them attTacee 70 me
n for the sinking fund of the state. only $500
Eee[ least Tuenfy-Hve years viii be required for
-he work Unless some way can be found TO seiI
s tae as the siliaS fund IS insufficient to take
Of he of bonds required eacn year
- DC issued -0T such purpose
Controller Glynn renevs the recommendation OF
,>- other controller for the iast thirty years for
hoishrent Of the Offices Of loan commissioners.
Ao S5-ce 1897 when the federal government loaned
- the state over sa.o0.ee have had control over
ne Investment of this money in the various coun-
If state there being commissioners for
each county appointed by the Governor. Accord
s,- 70 the report. these commissioners have ire
o,,e-t'v wasted state funds amounting 20 several
t,rdreds Of thousands Of dollars by making poor
s-zestrnens- DefaIcations by loan commissioners
ssvs the report. amounted 70 $4,000, and S5SvV
has been lost through failure of loan commission
es 70 see that perfect title vested in the Dor
-nz-e- The report ADDS:
This money could be used to better advantage
zs for more general good by investment in bonis
II municipalities. Including school districts Where
ne public generally, instead Of the political fr1enos
az loan commissioners. would be benefted
Following out the suggestion Of Governor Hughes
sr his annual message the Legislature. the Con-
--oe- recommends the establishment OF coTn11lis
son for purchase OF supplies for state Instit-
-,ans and another for the classification OF salaries
- employees ot state institutions He also recon-
.nends the licensing OF every private detective IN
the state.
New-York tribune., 1908-02-11
TO EXEMPT CITY BONDS FROM TAX.
Controller Metz's Bill Would Free Them
from State Assessments.

Controller Metz said last night that Senator Nc
Csr-eu would Introduce This week a bill exenpting
cirv bonds from state taxes
II The bin becomes law, as believe II viii.
sad the Controller III viii enhance the value OF
CITY bonds investment securities about per
cert From all indications the coming bond sale
OF Friday next promises TO be the largest IN the
history of the city in more ways than one
i have prepared bill which is 70 be introduced
n TIE Legislature tonight, amending the charter
70 provide that corporate stock and city bonds Of
every description viii be exempt from taxation for
al purposes. which includes state purposes The
enactment OF such q law VIII. believe, enhance
rh4 value OF city securities such that
many financial institutions trust funds and estates
which have heretofore avoided municipal bonds on
general principles viii be attracted by the new
securities"
New-York tribune., 1908-02-11
FIRST NATIONAL BANK OPENS.

After being closed for more than three HiohlhS
49, Efrst National Bank Broadway and Kent ave-
ruas williamsburg reopened yesterday morning II
closed on October 25, when it was forced INTO tf@
hands of a receiver. There were few Withdrawals
made Yesterday and the officers and directors eA-
pressed themselves as much grained over '''e al'
+,dA NJ the institutions depositors. Robert Scho-
ca +ba rece,ver has turned into cash large por-
inn of the assets. While no confirmation couio De
.obtained. il was said that Joseph Huber, OF The
O+to Huber Brewing Company, would be elected
,ras,dent 10 succeed John G. Jenkins, sr lhere
will be meeting OF the directors and stockhoiders
New-York tribune., 1908-02-11
ZINC CONCERNS OFFICERS INDICTED.
Stockholders Say Franklin Furnace Com
pany Was Organized to Defraud.
TRr Ts.ezrant % TIE Tribune. ]

Trenton \ i Feb. Ia.-Artiur L. Richards, Of
HsTsrk- Francis L. Wilcox and George H Beverly,
@ East Orange officers Of the New Jersey Mineral
Cornpsny. o- Franklin Furnace pleaded not guilty
n the United States District Court to-day TO an
Indictment charging the men with mtsusing the
mails fo- purposes OF fraud Edward Van orden'
q East Orange, was also indicted, but did not
plead
The mineral company was incorporated with au-
thorzed stock ot soaoop. and prospectus set
io-1h rl7st vein zinc thirty feet thick had
a-en discovered the ccmpany's ground, which
souid yield annual production Of $4,000 tons
making Z gross earning Of $4,000. Complaints
were made by stockholders that there was not
enough zinc ore the property to make mining
gyettshle
New-York tribune., 1908-02-11
FORGED BILL OF LADING, IT IS SAID.
Manufacturer Locked Up on Charge OF
Grand Larceny.

--.ob,icaI,y charged with the larceny of ss43 50
b,,. accused of similar thefts which the police and
0istrict Attorneys Office say will aggregate about
s1g 600 John w Heaney, of Kingston. y. Y. for
rnerly president Of the Kingston kn'ttihs Io'n-
- rs locked I'D last night at Police Head
quarters
According TO the police Heaney got the money
through a forged bill OF lsding. discounted by j.
w Place 6r Co. brokers, of No 'o' wan street
for eeveuteen cases of underwear. which Heaney
a., auarad o have said falsely he had sent TO James
Talcotr a wholesale merchant at No los Franklin
New-York tribune., 1908-02-11
OPPOSE ADVANCE IN EXPRESS RATES.

Boston, Feb. 10.-The minimum rate for express
na cl,age was advanced from 15 to o5 to-day
by the American Express Company and the Ma
tional Express Company operating over lines north
and south of this city. The Boston Merchants AS
ISOLATION is opposing the advanced rate. and VIII
hold meeting tomorrow to decide whether an ap-
neal shall be made the State Board of Railroad
Commissioners SO far as the applies TO Mas
sachusetts II is understood that similar action
against the advanced rate will be taken by the
merchants of Burlington, Vt; Manchester N H.,
nd Portland. Ne.
New-York tribune., 1908-02-11
EXTRA DIVIDEND ON c. p. COMMON.

Montreal, Feb. 1o--At a meeting of the board Of
directors OF the Cana dian Pacific Railway Com
pany to-day a dividend OF per cent on preferred
stock and per cent common stock de-
clared for the half year ended December last.
payable April l next and il was also decided
that the same time further sum. equal to one
half OF l per cent. be paid the common stock
of interest the proceeds of land sales after
the payment of working expenses. fixed charges
and dividends now declared There is a surplus
for the half year of S. 2s910
New-York tribune., 1908-02-11
SNOW LEAVES TELEPHONE COMPANY.

Henry Sanger Snow has resigned as treasurer OF
the New York ana New Jersey Telephone Company
his resignation, the directors Week ago
taking effect yesterday a. Il. Gernee. who has
been acting treasurer, succeeds him. Mr. Snow
said last night that number OF changes among the
officials contemplated and that his resigna
was the beginning OF the adoption Of the plans
Mr. Snow had been associated with the telephone
company since 1893, and before that was president
q Zoe Brooklyn Polytechnic lastItute.
New-York tribune., 1908-02-11
KENTUCKY TOBACCO INDICTMENT.

Lexington. Ky, Feb. 1o-The Fayette County
Grand Jury found true bill'' to-day indictins
the American Tobacco Company On charge OF
couspracy to reduce the price OF raw tobacco
The Indictment is the result of Circuit Judge Park
&C order 70 the grand jury investigate the
tobacco situation in region TO ascertain whether
the charges made by members OF the Society of
Equity were
New-York tribune., 1908-02-11
OPPOSE PENDING CURRENCY BILLS.

Hartford Conn, Feb 1c-Representatves OF the
insurance and financial irferest OF this city at a
oeetine to-day with the Hartford Board Of Trade
h., resolution declared their opposition To the
,-a~,ous schemes OF imitation now before Congress
,,paor the general name of emergency measures
and favored, If action is deemed necessary at
this time. the creation OF a competent commission
enowered TO Investigate the whole subject and re-
fre-.ff
New-York tribune., 1908-02-11
CALIFORNIA FRUIT TREES FOR ORIENT

Berkeley Cal. Feb. D-Chum Zen Chan' pro'ege
81 the Empress Dowager of China and graduate of
,ha College of agriculture OF Berkeley University
.tb the class Of '07 has been made director OF the
agric,iltt,re experiment station st Mukden Man
churfa Chan is engaged IN a series OF experiments
TO determine the suitability OF California truit pses
TO the OTisls
New-York tribune., 1908-02-11
CHANGES IN THE eoWERY BANK.

The board of trustees OF the Bowery savings
pa,k held a meeting yesterday and elected Henry
A schenck president, to i'll the vacancy caused by
tho deatb OF William II. s. Wood, who expired in
December William a. Nash was elected second
,-icenresidert William NJ Spackman having been
,.1 e~s+ ,-ice-nresident at the annual meeting
:, January William f Knox was elected control
,e- or the hank and Joseph G. Iiddle secretary
Mr. Schenck has been controller of the bank for
ten wears.