davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1908-10-20
Northwestern Pacific Railroad Co,


SOUTHERN DIVISION. Oct. 5, zoos
VIA sAUSALITO
For sausaiito, MIL Valley, San Rafael
-Dsily-EFery 80 z,sautes from s-s5 a. M "a
and every % minutes untiI 7sss q n. s-as1
1875 p m, 12-15 A. M
on sundays sddirionaI trips as fosiours- 1O-15
For FaIrfax-week Dayss.ss. 4.1s. s-r5
4sls. sss As. sis. ssis p. m N.Y. 50
ilsa s5sL n. s1 is.4s. & 8. sss = io'4'
For san Quenfin -Dziiy-s-45 A. n and
SIS a m Daily for c4z.aerO and way sta
a.ss p. m Saturday only for c.zadero and way
VIA TIBURoS
For TIbnron. Beivedere. San Rafael
7;s5- s9-1o. 100 = n t'12-so D. "a Szfur.isy
on SUNDAYS addlsIoaai trips sf 500 a m. IL 40
and ESQ p IA fer san Rafael and IngsrEedizte
7S5 a. m Daily for Pet4iuns. s.nfa Re-,
Heaidsburg- Ciesertlale. Tkfah- Willis Shrr-
weed Sebastopol and way stations
7-35 n "a Daily except slnday. for Glen II
len Guernesiiie- River Landing and way sta
500 a. N suadsy ouly-Petnluna. s.n,.
Rosa. H-slisburg. flsFe2Iale- Glen Ellrn
IL 90 a H. for Pefzluma. S4nts Ro~e nns
way sfatfous. and Sebssfopol sunday snlF
$50 p Daily for Petzlums- santa Ross
bss1oDol and wsy stations
$40 p m- Daily for Glen EIlea and way sta
tIcns-
zzed 10 cheek baggage direct from residenre.
Ticket Office Ferry Baiiding- Enfo1n Tfrksf
Ofhce. 81 Market ST. Flood Building f(iron1S
The San Francisco call., 1908-10-20
. - Do u = = T.
Lieutensnt. L. s n. IN charge.

Pence. for Queenstown. Is per ceat-
British ship Tacrnlieba7k. cut l3S DAYS from
Czlet2 Bcens, for Baibce. per cent
British bark Crocodile out Ila Gsys from
Bsrry- for TsfcahBsnc. per cent
British ship IisiA. out I2e days from Peru. for
Antwerp. per cent
The San Francisco call., 1908-10-20
OCEAN TRAVEL
Toyo Kisen Kaisha
OCEAN TRAVEL

fORIENTAL sTEAMsHIP COD
q 3 -Am-riea MARI fria Kszila)
Tussdly. Oct 20. 1898
3 s. "HanxkenE Ma-a"- -Inesd1y, NsE. IT. 1893
q s. sIsmFo MHru ----- Friday. Dee II. 1893
steamers sail fFuul conlPauF's piers. A1z. a..
A. near foot q Sccoed ST. p ~. for Inkn-
hsrna and Hcngkonz. ealing a. HtnoluIu- hehe
fHlorct. SsEasaki aad Saan<Aai. snd cen1=rti1E
a. Hcngkc,< Hlzh steaUerS fnr Nsnila. ln|Ii1.
efe No cargp rrrefTed cn bqard dsr a.
snf7ip-. Round rrfp tickets a. re-frrrl rafes
Fer freizh1 sRd 1zassaze arplF ar of1-r "A
lanes FlDcd buzldlaz W H. AFERT
Assistant Gener1l Manager
The San Francisco call., 1908-10-20
PROGRESS SISSHOWN
BY STATES BANKS
Annual Report by Commission
ers Reflects Return to Nor
NAL From Panic Times
More Evidence of Fraud in Cali
f0rnia Safe Deposit Unearthed
by lie Breton

The striking feature of the thfrtieth
annual report of the state board of
bank commissioners is the progress
reflected IN the elimination OF the weak
institutions. the consolidation of the
smaller ones, and the general return 10
normal conditions The report shows
that IL institutions suspended duYeng
the year ending July 10 ana that ave
mergers have taken place in Los An
geles. The growth OF the state is J.
lustrated in the organization OF IS new
commercial and eight savings banks
during the year During the same per-
tod 10 commercial banks have been
nationalized. leaving SOS institutions
under the Jurisdiction OF the state
board.
Although the tables appended 10 the
report show a decrease in assets. il is
the natural consequence Of the recent
period Of financial distress Neverths-
less, the totals are heavy enough 10
be impressive. the combined assets
reaching thessnm of s5Se.0sI. .ss5-34 and
the deposits amounting TO s4oS.s2i-
s53.o7
Included sn the report are the state
ments OF the receivers Of The various
banks in liquidation IT appears that
the bank OF Greater San Francisco and
the Citizens bank OF San Mateo have
paid thei. depositors in full
E J. ie Breton has submitted an ex-
heusfiye statement on the California
safe deposit and trust company, re-
viewing those features already made
public. but revealing additional frauds
in the management OF the concern lie
Breton expresses the belief that the
managers deliberately burned books
containing accounts OF the trusts.
shows how they tried TO swindle other
local banks, deliberately pilfe-ed from
various accounts and openly robbed
several trust funds in addition 10 the
Cotton estate The practice, IL appears.
was 10 remove good securities and sub
stitute inferior ones lie Breton also
shows that the mana gers embezzled
large sums for their personal use lie
reports that il will require the sum OF
ss7e.00e 70 pay dividend OF 10 per
cent He had s653.eee on September
10 and hopes 10 have the balance By
January 81 of next year The receiver
repeats his assertion that the deposit
ors will receive between % and p
cents on the dollar
II appears from the statements OF
LIE Breton that a long list OF new in
dictuenfs could still be found against
Brown and Bartnett- They have been
indicted for iootiRg the Cotton estate
and embezzling the Sacramento cleo
The San Francisco call., 1908-10-20

At Cur new sales psvilIon and ysrsss : T. cor
ne< 10th and Bryant streets : ears Of the Justly
eeiebTEfed wagon TIRE brand horses and nlares
broke 70 work ard 20 rst~. weight frcn 100 10
1-S5o- double square, brand ho-ses- from
loo 70 lie; some god drivers ard . aRe lot
q sadie herSeS. IS vel Isr Of gentle. broke
clfy horses, outside horses taken Western
Hcrse Aarker- z. STEWART CO..
Aucri0aeers-
The San Francisco call., 1908-10-20
OCEAN SHORE RAILWAY

sl11h ana sIlszlsal-Dally * Sunday-Lv-
$50. s-l5s- lisp. 5-sfp- ar. 1:fsa- sees.
-12-55p. $50 SIndaTs SRI holldaTs-i-F-;
.lSa. 4.1op. 5.51p Ar 715a- 9-1oa. II -.
Up s-S2p. ss5-o5r. 5-15p. 6-lIH- sAlxe1.
ss6rsnada Ex-- 70 stasz-
The San Francisco call., 1908-10-20
BuITaer~' Confraef.

NUULTHFIN
q T. LEct-ezsre1a Elrh z Fl. Ia-xen B-os
- err-t three story brick l0dEing house IN s
Ius q o-FErreI street 11T-s y e NaSo1, y
g II 81; g15.1eo.
MsrT GolcErein et a. with C r Welfo1-AII
Vark fc- c1E storT and basement frene Building
i1 ~ lire q Central eve1ue fLotfi. 100 of
NcAlisfer street = - y 105-ss s. 800
Cesirs CALI With A klsh1 a Soz-Au work
far alterations and sccirions fer s frame brld-
NJ T. 2 iine q Cturch street between Clipper
and Twenty -sirrh. 1875 ChErchs g 16o-
Hele1E NEier wiz Cksries NriZht-Erca-
rErinE srsCirE. co1crete fo1ndstfons and cement
pork fcr fcur three Ercrr briltfngs IN - line of
Csy street. 1875 q HFds. z 6S b \ 1876
The San Francisco call., 1908-10-20

Time ball
United Ststes B-sneh HydFSerapkfc Office Msr-
snsnis Kxchsng=. Ssu frznciseo. October
H. 1865
The tine ball the tower II the Ferrr fufid-
ing wss drepped To-Day exacfir ~ necn PsefEr
Standard Time tI20ts Neridisal. sh- nom.
oas-, Greenwich Mean Tine
j. C. BURNETT.
I1eutensD-- Z. :. ". IN charge
The San Francisco call., 1908-10-20

Destination Steamer DATE
Skzgwsy q WAY Ports City Of Seattle. Oct. 20 1
SksgEsr Way Ports Dolphin Oct = /
tsideE Sewe1d------ Santa ClsrA----.fort- % 1
sei1oTis WaF Ports Berthz .--.----i Oct. - 1
SkaEvsy WAY Ports cos-ags City oct. * /
ksioez Seward iYaesfsn ----.--5 Nov / 1
Valdez Seward ----- Pennsylvania - Nov 5 4
New-York tribune., 1908-06-25
IS CAST IRON PIPES DEFICIT.

rs-,;-rs If the United States Cast Iron Pipe ana
rorndr,- COMPANY for the year ended May 81 sho"
tots income Of S7z4274 compared with s-llZesl IN
.ss --eoe5ine year a deficit after preferred diVi-
ss1ds of S2N2726 and a deficit after common divt-
6snds Of s452 726, compared with surplus OF S4oe
6- N 7er The president of the company says that
-bile the report is superlcially considered. not
very encouraging he is glad TO be able 10 say that
-ha directors 90 not feel at all discouraged about
ire business Of the company. So far as diVldend
bilirles are concerned, he says that since uh=
o-sanzation Of the company there has been crea1ed
~ account known reserve for additional work
l-r carftal" To this account in ADDITION 10 the
l,rge sums spent out Of the net earnings for eNteI
Sans and new construction. amounting 10 Neo3'49o
ere has also been credited out Of net earnings me
Eu- Of - 45g Ses. This account IS disur6t from
fn6 Is surplus over and above the original work
lrr csrfraI Of the company.
IN report says there is no financial reason why
6 norton Of this reserve surplus should not De
rsed for the payment OF dividends until the present
rsrie5 Of depression shall have vanished THIS
a course is contingent upon this period OF DE-
r,sssion not lasting too long. Owing, however 10
he plraseology of the charter, there seems TO ne
s,yne legal doubt as whether or not any part CT
rs surplus NAV he used for dividend purposes
- carefully considering the matter, the directors
!. n the orinion that il would be for the best
reresrs Of the company to have the quesuon oe-
-r--,-ed l,x iudiciaI decision, and a SUIT Tor me
5s-s-,ina+ton Of this question viii probably be IN
stftItes at once II a favorable decree ia entered
The rreferrel stockholders may expect TO receive
te usual quarterly dividend the preferred stock
New-York tribune., 1908-06-25
NEW YORK POSTOFFICES.
TFron The Tribune Bureau


washington, June 24.-Within the next week olds
will be opened by the supervising architect or the
Treasury for sites for fifteen public puldlngs IN
the State of New York for which appropriations
were made by the act May 60 1SoS the most I'M
portart being for the proposed structure for post
office and other government uses for the Borough
oF The Bronx The act authorized the expenditure
NJ s1oo Csa for The Bronx postolCe site, and bias
for the ground will be opened on July l. On Friday
bids will be opened for the postofce site at New
ark N Y for which $4,000 is available, and the
Monday following proposals will be examined 1or
the site wanted at Batavia for postofhce purposes
On June 30 bids will be received for new postoIuce
site at Syracuse, for which Congress has approprl
+5 e5 ooo in addition to the $4,000 previously au-
tborized On the same day bids will be opened Tor
the following sites wanted in other parts OF tne
state: Cortland 155 by 40 feet. $1,000 Futon, Ito
h 7o feet $4,000: Hornell. 14O by 40 feet, S2o09
Mount vernon $50 by $50 feet, S0oo Olean, 1So by
7so feet. $4,000; Oneonta. Ro by lSo feet. $4,000
I3eelsill $4,000; Penn Yam. 14o by 40 feet SoocO
c1aranca 12o ty 100 feet $4,000: Waterloo, 1SO by
1s5 feet sl0eoo and Yonkers $50 by $50 feet $4,000
New-York tribune., 1908-06-25
FISH UNLOADING I. C. HOLDINGS.

Stuyvesant Fish. formerly president Of the Hi
nois Central Railroad Company, according to Wall
Street report, has sold within the last few weeks
about ten thousand shares of his stock holdings in
that property which several months ago. when his
contest with E. II. Hartman in progress, he
said were T. 452 shares making him the largest In
dividual shareholder. Mr.. Fish had been out OF
town for several days.
It is understood that his sales of Illinois Central
have been conducted in the open market, and this
liouidation is given the principal cause Of the
decline Of the stock from 142. its high level for the
wear on May IS, to about 12S at present. 1t is
assumed in the financial district that Mr. Fish VIII
liouidate the remaining part Of his holdings, and
thus sever all connection with the company, OF
which he was a director for about thirty years
and president for nearly twenty years lie is sun
a director of the Yazoo & Mississippi Valley Rail-
road Company a subsidiary of the Illinois Central,
his term expiring in October of this year.
New-York tribune., 1908-06-25
FIRST COTTON BALE AUCTIONED OFF.
Bought for IS Cents a Pound-Proceeds to
Go to Charity.

The first bale of cotton from the new crop was
sold at auction in front of the New York Cotton
Exchange yesterday morning, the purchaser being
A @. Hagedorn, who had 1t sent Immediately to
the Mauretana, sailing at The bale. for
which Mr. Hagedorn paid S5 cents pound. or
than three times the market value, is consigned
TO the well known cotton house of Ellison & Co.
Liverpool, by whom 1t will again be sold at
ton, the proceeds of both sales being given to
charity, as usual
The sale is annual feature, and the bidding
for the first bale. which always comes from Texas
was as spirited yesterday as in former years. The
bale disposed of yesterday was raised near Alice.
Tex, and shipped to Houston, where it arrived
June 90 and where it sold at auction, being
promptly thereafter forwarded to this city.
Another bale. raised near Falfurrias, Tex. and
shipped June 10 to Galveston, where it was sold
at auction, was also auctioned off here yesterday
morning the successful bidders being George H.
McFadden & Bro, at 15 cents a pound. The pro-
ceeds of this sale also will be devoted TO charity.
New-York tribune., 1908-06-25
OFFICE OF
Erie RAILROAD COMPANY

York. II. 1908.
pr-su,,+ +o srranseuents between the Erie Railroad
COMPANY and Messrs j. P. Morgan & Co. 1t Is pur-
posed TO extend July l. 1913 (subject to the Rail-
road Companys right of prior redemption at 1Oo per
cent) the 81 500 First Mortgage Bonds issued by
the Buffalo & Southwestern Railroad Company matur-
ing Julv next and extend to July l. 1918 the
81 600 600 Second Mortgage Bonds upon the Buff
faIo E Southwestern Division of the Erie Railroad
maturing July next The interest on the extended
bonds of both issues is be payable on January L
and July 1 year at per cent per annurn, and
both the principal and the interest are TO be payaos
in United gold coin of the present standard OF
weight and fneness without deduction for any taxes
which the Railroad Company lawfully be required
to retain therefrom The lien of the said mortgages
severaIly and respectively securing said bonds
will continue unfmpaired according 10 the terms
thereof.
The right to extend above will be reserved to
such holders of bonds may desire to avail
thereof deposit their bonds for that purpose
Messrs. ]. P. Morgan Co on or before June SO
1908 Such bonds may not be eNtended py the
holders will maturity. be purchased at par
by Messrs J. P. Morgan & Co.
Holders of said bonds referred to the appended
announcement J. 2. Morgan & Co as to the
terms upon which they have their bonds extended
ERIE RAILROAD COMPANY.
By F. D. UNDERWOOD, President
New-York tribune., 1908-06-25
COTTON BROKERS HELD.
Haas and Peckham Taken Before
Commissioner Shields.

moses Haas and Frederick A. Peckham, Jointly
lholcted with Theodore z. Price, the former cotton
KING Tor conspiracy to defraud the government
anu ior bribery. surrendered themselves yesterday
10 Marshal Henkel the indictments found in
the District of Columbia. The have already
oeen indicted by federal grand jury IN this city
IN connection with the cotton leak case"
Frlce did not appear in court yesterday but is
expected to do to-day TO give bail in the requisi
ton proceedings.
MARSHAL Henkel took Haas and Peckham before
Commissioner Shields and demanded an examina-
ton. which set for July Il. That means that
neither Of the men be taken to the District of
Columbia without requisition papers. Haas was
held in 5000. which was furnished by Martin
EngeL Peckham paroled in the custody of
his counsel.
There is now pending before Judge Lacombe a
move to quash the indictments found in this city
against Haas and Price.
New-York tribune., 1908-06-25
TREAT ON SMALL BANKS
,rs;ted States Treasurer Tells
Grunge They DO Much Good.

.,v Penn June "a CSpeciaD.-Charles II.
,reasurer of the United States was the
a,.t,sl sneaker before the grange national bank
pur,n+ion here to-day. He said in part:
s..s have been Treasurer Of the United
states ts Interest the marvellous growth Of
incs ~ Small capital that are known agricult-
rTs. that the grange is setting a strong and
ss0011nefui example in their establishment
.-eadn1ent to, The national banking law in 1900.
~ cog eco and S50ooo capital. to meet the needs
q ss3sller communities. This amendment was
bitterly ePpeSg 10 @o hooTpSrafe so mana maze sa mail
thre the Iinder the control of persons unfamiliar
VIZ VIZ n N 2 grave menace the stability of the
ssss-ting So system. and in times of panic prove a
mT mTEsp5piiT all these. grave prognostications OF
srtI have fallen by the wayside; The panios of
.'oS Of every candid man that the establishment
n these hanks, instead OF being a menace or a
ssssety TO the rural communities. but they have.
n their management, shown that the farmers
.s~s rrcved themselves most conservative bankers.
,s Surplus Of these banks. il IS phenomenal to
-efe the high percentage that deposits bear to
There we're on May il. 1905. 21$7 banks with
scspital Of less than S5o.0o0 in the United States
q sE7613.l64 and total surplus of sll 9SS 4O4.
There were on june 20 1905 in the United States
had total capital Of 81 l35o00o: surplus Of $685.
and deposits or Slb.Sl3.1S2 p
These grange banks largely take the place of
savings banks. hut they have wider sphere of
rsefuness because the shareholders Of the bank
rave more intimate relation, with perhaps a
feeper interest in the bank. than simply deposi-
fo-s Shareholders are not only responsible for
thsuselves, but also for the depositors who use
he hank. The bank is not only a repository of
ne savings of the depositor. hut it teaches him
Row 10 90 business in a business way.
The bank also assists the farmer TO prepare
srS gather his crop: il helps the merchant. the
manufacturer and the contractor. and it helps the
rzn build q home. The man who keeps bank
account has an inspiration TO have il grow. He
Tkes the Importance of drawing q check and feel
ing that II will he honored by the bank
IN our country, where opportunity is so untram-
-eIied and We find II every hand the individual
ie constantly seeking new means whereby he may
-ske The initiative, whether il he farmer, a
-nsrbsnic e contractor. merchant. manufact-
-r-sr or 2 miner In the realms of our business
fss al Of these great undertakings are largely
- orr bankers who are generally the anchors
n conservatism and who are frequently the best
,snts 10 guide many a business enterprise through
he storrl1v seas of first voyages into the spa
r,ovs and serene harbor Of success
New-York tribune., 1908-06-25
P0oR'S MANUAL FOR 1908.

Poors Manual for 1908 (fortyfrst annual n1npetl'
ms issued is as complete ever, covering Ihe
1877 fiscal and calendar years, and containing IN
formation concerning the more important com
panies I'D 10 June 70, 1905 An important iea1iI7 ~
~ ie 3i-ion IS an enlarged industrial section en-
h-acnE every prominent corporation IN the thltt4
States from which a report could be obtained III
fo-7s-ior is strictly up te aate, and in the case
n ,l 1arpar corl1nanes includes elaborate tables
Slowing income accounts and balance shee's IN
corlparative form for a series of years III gen
srsl treatment the industrial secton cohpaIeS
fsvorablv with the railroad section. the totdl
mileage of the steam railroads Of the United S'a'es
On December 81 1e07. 22a1Z6 miles, as asalt.S-
10 miles on December 81, 1905, showing an II
crease of 1852 miles The total capital naplllIleS
Of the railroads including stock. bonds and othel
in6ebtedness were s16.501, ,413069. showing an IN
case - sah- ssA 10 OF this increase S351.1l79oS is
represented ny stock and the remainder by bonds
snd other forms of Indebtedness The following Ia
shows assets and liabilities OF all the steam ran
roads Of the United States at the close Of 1907:
New-York tribune., 1908-06-25
WESTINGHOUSE PLAN.
Only $1,000, 900 of Ne1o Stock I'm
subscribed REORGANIZATION Assured.

The success of the merchandise creditors plan
for rehabilitating the Westinghouse Electric and
Manufacturing Company practically assured
yesterday at a meeting of the readjustment COM
mittee, held to consider the reports made on the
preceding day by the various committees that
have been at work getting assents to the pan-
After 'he NEE ng adjo rned 1t was officially an
nounced that the 'readjustment committee had de-
cided to aid in carrying out the merchandise cred
itors plan and that it very much gratifed
with the showing thus far made The committee
declined to make public the precise amount OF the
stipulated S10000000 of stock that has been
subscribed for but said that it was substantially
as reported. This means that there is about Sloo-
Goo of the amount still unsubscribed for.
1t was authoritativey stated that no syndicate
would be formed to take up the unsubscrihed por-
ton of the stock the greater part of which, IL IS
understood. represents the pro rata share OF the
Security Investment Company, the holding concern
of the Westinghouse Electric and Manufacturing
Company. The readjustment committee will meet
again tomorrow to take final action toward carry
ing the plan. and after the meeting VIII ISSUE
a circular outlining its position and the steps 10
be taken 1t is expected that there will be snort
extension of time in order to secure the remain
ing subscriptions before the plan is declared op-
erative
+. The carrying out of the merchandise credltors
plan would place the Westinghouse company on
substantial foundation, and, it was said yesterday
would render any additional financing unnecessary
for years to come. 1t is understood that the re-
organization plan provides for a strong board OF
directors who are to have practical control or the
finances of the company. and that George west
inghouse will confne himself chiefly to the nusl-
ness management
Reports from Pittsburg yesterday stated that
nothing of more Importance to that city ana us
financial institutions could happen than the placing
of the Westinghouse Electric and Manufacturing
Company on its feet again. The banks there' 1t
was said, were loaded up with loans secured oS
rhn
oonnanv would be returned to the stockholders
would be a godsend to them, as it would mean
return of the stock to near to the values exist
ing before the reCeVership.
New-York tribune., 1908-06-25
ERIE RAILROAD COMPANY,
5VChurch Street. New York.
June II. 1908
the Holders of Prior Lien Bonds and General Lien
Bonds under the First Consolidated Mortgage OF
the Erie Railroad Company:

the Erie Railroad Company:
The extraordinary business depression which has
seriously affected all the railroads throughout tho
United States has reduced the net earnings OF 'ne
Erie Railroad that there will be deficit below tho
amount to meet fixed charges for the our
rent year ending June go 1908 While 1t is con-
fdentIy expected that with return to pormai busi-
ness conditions. this deficit will promptly be made
good necessary for the Company temporarily 10
obtain amount from other sources
this end among other things. 1t has been ar
ranged that for interest falling due at any
time prior July 1909. be purchased for cash
and with uninpared deposited and pledged under
the Collateral Indenture April S. 1905 additional
security Six Per Cent. Collateral Gold Notes
issued and to issued Hereunder, thus making the
notes more available to the Company means of
obtaining If required such notes TO Dc
accepted by the purchasers of the coupons ro
the amounts advanced for such purchase While suen
temporary relief will probably suffice for the main
tenance and operation of property during the cur
rent calendar year. will not be sufficient for the
completion of ths improvements begun two years ago.
but which not yet reached condition where they
producing additional revenue for the
Company.
1t was anticipated that funds for such improve
rnents could be provided sale OF your Com
panys Mortgage Bonds. but principally owing
the injury done to your Companys oreof. oS .he
falling off in earnings during existing business de-
preston such bonds salable except at pro-
hibitive prices
AS these improvements all serve to strengthen tne
security of the General Lien and the General Mors r.
for funding the coupons m nab be pe %
pany out of its current funds to complete the I'm.
reaG4 s9a & sf but %hh
above stated. remain as yet unproduGtive on falling
due July zoos viii purchased at par for cash by
on Or }o at
0ss S oTder NS rs Of Wh the Bdsfd Of Directors
ERIE RAILROAD COMPANY.
Rv F D UNDERWOOD. President