davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1908-07-31
NOTES OF THE MINES.

The beginning Of active shipments from the he-
weenav marks epoch in the copper mining in
dustry of the Lake Superior district 1t will prove
conclusively just what values may be expected
from the work which has been may at some
Of ,Keweenayy County. Should Keweenaw make
good A showing IS generally predicted for it,
after its months mill rum there are likely TO
be several companies organized to begin op-
erations there.
John A Ryan, superintendent of the North Butte
Extension Copper Company. is in New York Mr..
RYAN is well pleased with the work being done at
the mines He that all claims against the
company will be settled next month Rapid prog
ress is being made by the officers Of the company
a mines. They believe that by the middle of
August sufficient funds will have been raised to
place the mines producing basis
John Miles has notified the officers OF the Butte
and New York Company that the new machinery
will be ready to operate by August To- Bennett
Minzesheimer will leave New York on August
for Butte and his arrival will give the signal
that will start the machinery. This will begin the
work which will be continued until the mines
On a producing basis. 1t is believed that within
two months the first shipments of ore will be
made.
The King Edward Company property IN Cobalt
IS now installing a ten-stamp mill to handle the
low grade ores. This mill is expected 10 return
the company 800 net a day. The management
claims to have reserves blocked out equal TO s. %
a share with present silver prices, for the 100000
shares outstanding The stock is selling ar 90
about 40oo0 shares in the New York market around
price
New-York tribune., 1908-07-31
j. IL. KNAPP EXPELLED.
Stock Exchange Takes Drastic
4Action on a Tragic Failure.

The governing committee Of the New York
Stock Exchange, after Investigating the affairs of
the firm of Coster, Knapp & Co, which failed
last April after Charles Coster, the senior mem
ber. had committed suicide has ordered the
membership held by John NJ. Knapp the board
member Of the firm. sold at once. The committee
found that the failure of the firm was due to
reckless and unbusinesslke dealings"
The announcement OF this action which wa. m
usual was made from the rostr7im of the ex-
change yesterday by President Thomas who read
the members the following statement:
anr5I he 90 hrno 1oos OF SoseT Knapp Co failed on
Their r affairs were investigated by the committee
tfee c9m1es ON made report thereon to the
sions after consideration OF the matter made its
report to the governing committee
Yesterday, John NJ. Knapp, the board member of
the firm, was present w B. Coster. who had been
other witnesses The matter Of the failure was
ined, ana every. opportunity was given Mr.. Knapp
10 make such defence or explanation as he might
After due consideration the following resolutions
were unanimously adopted by the governing COM
mittee:
The governing committee. having heard and con-
sidered the report of the committee admissions
that IL appeared to said committee that the failure
Of OF Coster Z Knapp Co on April q M 1905. Of which
was member. was caused by reckless and unbusi-
And the governing committee having given the
said John NJ Knapp opportunity to be heard
and present such testimony defence explana ton
as he might deem proper, hereby determines that
the failure of Coster, Knapp Co. April q. 1905
Cof which firm John NJ. Knapp. member of the
exchange. was member). caused by reckless
and unbusinessike dealing, and the said John NJ.
Knapp is hereby declared ineligible for reinstate-
ment-
Resolved That the committee admissions be
directed. under Section s. Article XIV, OF the con-
stitution 10 dispose of the membership of said
John NJ Knapp forthwith"
The bankruptcy proceedings have brought out the
fact that the firm had been managed in the most
reckless manner and that Charles Coster had been
engaged in personal speculation with It's accounts
John NJ Knapp purchased the seat of Charles
April H. 1907
New-York tribune., 1908-07-31
BUSINESS TROUBLES.

The following petitions in bankruptcy were filed
Yesterday with the clerk Of the United States Dis
trict Court:
Involuntary against Ulin Brothers 6 Co, makers
OF garments for children at No. s. Mercer street.
bV The Imperial Braid Company and others, whose
claims for goods sold and delivered amount 10
S56S a. Preferences TO the amount OF $3.50 are al
legged.
IefboUftz & Jankellewitz OF Nos. 81 and 65 East
RI street voluntary liabilities. $553l5 3d. assets
The largest creditors Alonzo Kimball, No 25s
Broadway 500 000; Sarah W. Gilbert, NO 2S Broad
way so 600 and Bernhard Mayer, No Beekman
street s145o1 Individual lia btes OF Kesil leibo-
WITT S 800: assets, S.542 IS. Abram Jankeflewltz
has no individual liabilities. His household effects,
he SAYS. worth $50
business at No. l02 Delaney street show llabii-
ties of S130 81 and assets of SO or S5, consisting
OF deposits in the Corn Exchange Bank East Side
branch The largest of the nnety-four claims
Metat, Bed Company. of No. lS chrystle street
which amounts Ia 500
Schedules OF the S. Jones Company. clothing MAX
ers At No % East 4th street. show liabilities or
SIS tls II and assets Of HS.4s3 il The latter con-
sist Of stock worth sl5oo0; machinery and tools
$500 debts due open account, $500. and property
in reyersion amounting to SS3 81 The highest
creditors are the American Woollen Company No
l2s Fifth avenue Sl3 lG 81: II A. Caesar & Co.
No 1g Greene street SI.5s2 IS; F1eitman 8 Co. No
As4 Broome street u. and the Germania Mills
No g Leonard street, 1888 81
Dowse Mercantile Agency, of No e Beaver
street assigned Yesterday fer the benefit Of cred
t.ors 70 F.,erett p Herv=y. The officers Joseph
II Dous president and NJ 4. Dows secretary.
The company incorporated in lsoi with capt.
tai stock of $4,000.
New-York tribune., 1908-07-31
THE W. & L. E. BONDS
PLANS FOR FINANCING.
Announcement of the Deal Betsceen
Gould and Hartman Likely To-day.

The announcement of the plan for taking care of
the S.0ooG0 Wheeling & Lake Erie notes. which
II had been expected would be made yesterday.
delayed until to-day. The final details of the
plan. which had been agreed upon at the confer
of E. H. Hartman George ]. Gould and Jacob
II. Schif Wednesday settled at a meeting
of the directors OF the Wabash Railroad Company
yesterday morning. Late in the afternoon Mr..
Gould announced that the Wabash Railroad Com
pany. which guarantees the notes. had made salts
factory arrangements for protecting them at ma
turity.
Representatives OF the banking syndicate which
is to furnish the money to pay off the notes said
that announcement of the plan would be made
to-day. They declined to disclose the terms on
which the syndicate, which is composed of Kuhn
Loeb & Co. and Blair & Co, would advance the
the loan will be the collateral by which the
maturing notes are secured. This consists of S2,-
0oO.0o Wheeling Lake Erie general 4 per cent
bonds and equipment valued at 100000
In some quarters 1t said that the collateral
for the loan would consist Of per cent re-
funding bonds of the Wabash Railroad Company
which would enable that road to again take pos
session of the Wheeling & Lake Erie securities
interests in close touch with the situation said
however that it doubtful If the banking syn
dicate would accept such collateral
1t is still expected in financial circles that when
the full details of the plan discussed by the Harri
man and Gould interests become known they Will
be found to include a traffic alliance between the
Wheeling & Lake Erie and Wabash Pfttsburg
Terminal side. and the Erie on the other,
as stated in The Tribune yesterday. The belief
that some such arrangement will be made Is said
responsible for the strength OF the Gould and
Erie stocks in the few days.
Brokers said yesterday that more interest was
felt on the Stock Exchange in the extent OF the
Gould hartman alliance than in the provision TO
be made for the Wheeling & Lake Erie notes.
and there was considerable disappointment at
midday when Mr.. Gould said that he would make
nothing public until after the close of the market.
The general feeling that the Hartman In
fuence could not be otherwise than beneficial TO
the Gould properties. Mr.. Hartman was not in
the financial district yesterday and as ne starts
for the West to-day, to be gone a month. this
was construed in the Street meaning that the
negotiations between him and Mr.. Gould had been
completed and that details only remained to be
arranged
New-York tribune., 1908-07-31
LENOX CONFERENCE ENDS
Frank B. Kellogg Starts for Home
Tells of Plans.

Lenox. Mass. July so.-The conference OF gov
ernment lawyers who have been prominent In the
trial of corporation suits. and especially that
against the Standard OIL Company. broke up to-
day with the departure of Frank Fl. Kellogg Tor
New York and his home In St Paul, and
the return OF Attorney General Charles j. Bona
parte to his cottage among the hills here The At
torney General will remain here until late In TIE
fall.
The work of again setting in motion the Legal
machinery of the government in it's criminal case
against the Standard OIL Company will be
taken up once District Attorney SimIns. OF
Chicago. with his assistants. and all five OF the
lawyers who took part in the conference here FOR
the last three days expressed the utmost confidence
of Ultimate success. 1t is expected that motion
for rehearng will be filed with the Circuit Court
of Appeals IN Chicago within the next few days.
and that arguments will be made some time IN
August At that time an effort will be made 70
persuade the Court OF Appeals to adjudicate srd
correct what the government lawyers assert are
gravo of Jurisprudence Should the Court
of Appeals deny the motion. the assistance OF the
United States Supreme Court will then be sought
through writ of certorari IN the hope that that
will order a change in the records and an
ultir,ate Ietrial of the against the Standard
OIL Company in the United States Circuit Court
for the Seventh District.
Thi. is the government line of campaign. but
the laws necessary delays expected to drag
the out for six eight months. and 1t is be-
final action is reached.
Mr.. Kellogg said before starting for New York
this morning that he expected to be busily en-
gagged with his particular case in behalf OF
the government in its civil suit against the Stand
ard Oil Company for the greater part of the month
of August. He hopes that briefs may be ready
for the resumption of the trial in September. He
thinks that arguments in this suit, which is bill
in equity to dissolve the so-called Standard OIL
Trust will not be made before late in the fall III
this work will permit it, Mr.. Kellogg will make
several campaign speeches in support of William
H. Taft.
Mr.. Kellogg arrived in this city last night and
will start for st. Paul tonight.
NJ F. Elliott chief counsel for the Standard OIL
Company. when asked yesterday If he had any
comment to make the announcement of Attor-
ney General Bonaparte from Lenox that the gov
ernment would apply for rehearing In the mat
ter of the reversal of Judge Landis's S2Soo0.~D
fine, said:
"At this time I have nothing to say regarding
that statement Two courses open to the
Attorney General, one to apply for rehear1ng
the other q retriaI. The former has been chosen.
and until the application has been made 1t would
not, perhaps. be proper to say anything. For the
rest, the United States Circuit Courts opinion re-
versing Judge Lands speaks for itself
New-York tribune., 1908-07-31
ro MAKE INVESTIGATION IN CHICAGO.
,,soc;ation of Commerce Alarmed by Pro-
,oss5 Abandonment Of Oriental Trade.

chicago July so.-''The Record Herald" says TO-
s, .bst the decision Of the transconunentaI ran
-osss 70 abandon the export Oriental trace ana a
ls-ps nroportion Of the import trade mas aroused
-Hs Chicago Association Of Commerce 10 make an
,,resrgarion Of the subject
r. -,srsre-,ent Of the association has obtained
sB tbe napers on file before the Interstate Com
r,sroe Commission and is making careful exanl-
s-;on Of the arguments advanced by the ra1iroaos
81; Srnrcr1 OF their action It is possible that the
Investigation Of the association may result III q"
n,.sl m the commission for a rehearing IN the
c.ss or an appeaI for aiG IN preventing the rail-
-os5s from gong out Of that business II the as
soristion's officers decide that the railroads are
justified. It IS possible that the commission may
he asked 10 change its ruling in the case.
New-York tribune., 1908-07-31
SHIPPING NEWS.
Port of New York, Thursday, July 30, 1903.

Steamer Fjofl lNorl. TfltIand. Sans : days.
riyed at the Bar at M '''''
SeaeF MT5aits f aus STss.; PaTs Il n sso y
50 cabin and 100 steerase passengers and mdse Ar
steamer Drumcree (BrJ. Fowler Rio de Janero
ners. in ballast Arrived the Bar at 1I:sO m
6ogn 10 a5g 20 IN the aTs July Is.
ican Line with ls1 cabin and Ss4 s'esrsss passengers
Steamer Etruria tBrl. Potter Liverpool July q.
Queenstown e. with 151 cabin and 155 stserass pas
sengers mails and mdse Arrived at the Bar at 1882
steamer Mama Hata. Charles Baltimore. to tn. Nsw
steamer Comus. Jacobs. New Orleans July Is to the
ga4aand sSn5as Pafc af s CO. nv with passengers and "d Left
Steamer Tsgtonio ~ mic Cr Smith s%ouths2ton 90 % and Cher
Line With 1s2 cabin and nd 10 10 stserass passengers nails
Steamer Trinidad tBrl Mckenzie Quebec July .,
Co. with 50 passengers and IN ballast Arrived at the
Steamer PGinz El,el Friedrich CGeE,, Krsus. Cape
Hay e Mons JIy Is @ M eTtaena 90 SAVANNA :. and
p passengers mails and mdse- Arrived the Bar at
G gs. fsssn @ ssy G IS to fss .e ss a
oil SrosAF AFryo6 eo Ss ssrrss shs of f all a cargo m
to the HoI1and-Anerica with ndse- Arrived the
SE Steamer an ~! Monroe Hulphers Newport Norfolk
to the Old Dominion Co. with passengers and mdse
Left gsra1fps M.3sca a. OBJ , Kkby Perth Aboy 20 the
trinidad shipping and Trading Co in ballast Going
cuqs3 ySr " TysTss@ 5, F2T; , antonio . Iu
the Bar els a m.
steamer Yale Grove Boston. 10 the Metropolitan 50
Co with passengers and mdse Passed IN quarantine AZ
steamer Idaho CBr,. Loveridse. Huh July Il and
Foston 90 TO Sanderson & Sons with mdse- Arrived
at sandy sRs HfE Hook % W J. July $50 -wind aouth
east light breeze; clear: light sea
SAILED
Steamers & Csf E.4 g P6 srP2 2sEe Z %s r Ia
IA Plymouth and Cherbourg. Guiana tBr).
ST Thomas St Crofx. etc: Mexico Havana and Vera
cruz: Ell Dorado Galveston: Princess Anne. Norfolk
and Newport News; Kansas City. Savannah; orego-
nian Mexico: Apache. Charleston and Jackson
Vile; City (Fr). Bristol
New-York tribune., 1908-07-31
GOVERNMENT TO PUSH SPIRIT CASES.
Court of Last Resort May Be Appealed To
Judge Kohlsaat Upholds Injunction.

Judges Thompson Severn and Humphrey in the
federal court in Cincinnati. preventing the govern
ment from enforcing that portion Of the pure food
law ordering disters label their product 'alco-
hol' instead of Spirits the practice,
stands according to a ruling by Judge Kohsaat, in
the United States Circuit Court, here to-day.
Government attorneys made a motion before
Judge Kohsaat that the injunction against the
government be aside. The court ruled. with
specific reference to dstillers of Peoria, ILL.,, in
whose behalf to-days motion was opposed, that the
restraining order shall stand until passed upon by
the Court of Appeals.
Tomorrow q similar order will be made at
Goshen Ind, to set aside the injunction it ap-
plies to Terre Haute distillers.
New-York tribune., 1908-07-31
THE president RECEIVED LETTER
Cincinnati Complaint Of Freight Advances
Referred to Attorney General.

Cincinnati July 5o-The Receivers and Shippers
Association received word from President hoose-
velt to-day that the Attorney General rs care1ulF
iooking into the matter of the proposed railroad
freight advances II is also stated that the re-
port as n the going astray Of the letter sent py
thA association to the President was incorrect
The e-ter did not go astray hut reached the Presi
dent In il the Receivers and Shippers Associa-
ton protested against proposed advances in freight
rates TO Texas TERRITORY, and declared that two
railroads have apparently already disobeyed the
court order On this subject The letter received
from Secretary Loeb is as follows:
The White House. Washington.
Oyster Bay. n. Y, July z, 1903
NJ Dear Sir: Your letter Of the z5th inst. m
eioging ? copy OF your letter OF the nth inst IS
received. The newspaper dispatch you refer 10 Is
not accurate for I made such statement \ our
c1nr1rication Of the nth inst. was duly received
here and by direction Of the President was re-
frred 10 the consideration Of the Attorney General
Tho today advised the President that ne was
ss-e4,li,, Looking into the matter. Very truly
Feu-s WILLIAM LOEB, Jr-,
Secretary the President
rnF Williamson Room 800, Chamber Of Com
nnerCe. Cincinnati
New-York tribune., 1908-07-31
ERIE RAILROAD COMPANY.
ERIE RAILROAD COMPANY.
80 Church Street. New York. July 2s:h. 1908
TO THE HOLDERS OF
ERIE RAILROAD PENNSYLVANIA
Collateral 41 so Year Gold Bends

Referring letter OF 11th. 1908. - ths
holders OF the Bonds under the First Conso' Iate1
Mortgage OF the Erie Railroad Company and IN ords-
continue the plan therein you hereby
notified coupons falling 1st 1908.
will be purchased par cash by J. P Moran q
Co presentation and surrender thereof
before July SIst. 1905 Office. No. % wall
Street. New York
By order OF the Board Of Directors
ERIE RAILROAD COdPAN-
BY F. D. UNDERWOOD. Prsside Il.
Referring to the above notice Of the Erie Rs ,os1
Company, prepared AT ANY TIME u TO
AND INCLUDING JULY 31sT. 1908. purchs
in cash all coupons falling August 1st. 1908,
of the ERIE RAILROAD PENNSYLVANIA COLIAT-
ERAL fee so YEAR GOLD BONDS.
j. p MORGAN e g.
New-York tribune., 1908-07-31
LAWsoN's PLAN TURNED DOWN.

Boston. July 30-Thomas w. Lawson in
formed to-day that his plan for the reorganization
of the Boston Curb Exchange was not approved
by the committee. Charles S. Dole has been
elected chairman Of reorganization committee
which will start work at Seven members of
the curb will be appointed to the committee
New-York tribune., 1908-07-31
The White House. WASHINGTON.
DENIAL sy CANADIAN PACIFIC.

Montreal. July So.-''We are no party TO any such
notice" was the emphatic statement of G. NJ Bos-
sorth fourth yice-president Of the Canadian Pa
cac Railway Company. referring to q dlspatch
from Chicago 70 the effect that the trace with
ne Orient had been dealt 2 severe blow by the
determination of the steamship companies sailing
from the Pacific Coast TO abandon that business,
thus making It possible for Japan 10 realize her
ambition to become first in the trade on the
Pacific
New-York tribune., 1908-07-31

Washington. July 3o.-Internal revenue collectors
have been instructed to observe strictly the re-
straining orders issued at Cincinnati and Chicago.
but they limit their observances to the par
tcular districts and the particular distilleres in
those districts covered by the restraining orders
In the cases of all other distleries, whether in
these districts outside of them the new regua-
tions to be promptly and rigidly enforced APP
peals will at be taken in each of these cases,
as the government is determined to prosecute
them if necessary. to the courts of last resort.
New-York tribune., 1908-07-31

Francisoo)-Mariposa ....--.-.......A 1. So m
Hawaii Japan. Corea China and Philip
pine Islands (via San Francisco)-Si-
Australia Except West), New Zealand.
Fiji Islands Caledonia VIA
Vancouver and Victoria C)-Aoransf Aug- 9. $3.50
Hawaii (via San Francsco)-Afaueda Aug TO- $50
japan. CoFes- China PhfIppine ISL
ands SsattIe)-TOsa H. $50
New-York tribune., 1908-07-31
STEEL CORPORATION TO ACQUIRE MILL?

Saut ste Marie Mich July so.--It is reported
that the United States Steel Corporation is 10
acquire the rail mill of the Lake Superior Cor
poration through a change in control effected by a
bond and stock sale at Philadelphia yesterday.
New-York tribune., 1908-07-31
RHiLADELP4IA CURRENCY ASSOCIATION

s.ladelphia. July 3o.-Following the action of
8 IN other cities, steps were taken al a meet
- q LEGAL hank presidents to-day to form the
-.+~seephis National Currency Association. under
Provisions Of the Aldrich- -Nreeland law. An
i. ssaizaton committee was appointed. Nearly ali
s i0es Institutions we're represented
New-York tribune., 1908-07-31
WIRELESS REPORTS.

TT, 1,si,s,fa reported as miles Of SANDY
Hook al noon yesterday is expected TO dock about So
Tba nnerka reported $50 miles east Of SANDY HOOK
at 10 40 m yesterday. is expected to dock anout oSo
m rnje reported as 730 miles Of SANDY Hook
+ 90 nm Yesterday expected to dock ABOUT ';SO III
Saturday. - ooo ,,to- aa.. =, Sand, Hook az
40 n M yesterday, is expected 20 dock about III
New-York tribune., 1908-07-31
FREDERICK DoRR, BROKER, sUsPENDs
Member of New York and Chicago Ex-
changes. with Offices in Western Cities.

San Francisco. July So.-Frederick Dorr. bro
ker. with offices in this city. Los Angeles, Salt
Lake City, Butte and Spokane. member of the
New York Stock Exchange and the Chicago Board
of Trade has telegraphed from the East to his
local manager to suspend business. Lack of pat
ronaee due to dull times is the cause given for
the suspension. Mr.. Dorr telegraphed from Chi
cago:
irving to sell my memberships in any exchange.
They are absolutely clear, and no money is being
borrowed on them. -.
A combination of circumstances wrongfully looked
upon has injured my credit 1 am sorry, but par
ties want money and will not take promises; they
must give me time. 1 certainly advise against pay
ments or acceptance of funds.
New-York tribune., 1908-07-31
STEAMERS AT FOREIGN PORTS.
ARRIVED

Hamburg July so ? m-Deutschand Ger. New Tors
via Plymouth and Cherbourg
Naples July 2 u-Konts Albert tCIer). New 1ors
for (and procesdedl-
Trinidad 2S-CroWn Of Navarro (ETl. New York
Havre. July 2a-F7orids (Fr>, New York: IL D m. In
Provence (Fr New York.
and New York
Bermuda JuIv 80 7:45 r-Bernudian CBr) New YORK,
AuckIand July 2a-Indradevf (B-). New York via So
Vincent. V Melbourne etc-
Valparaiso July 2S-FItzcarenCe CBrl, New York via
Baltimore
SAILED
Genoa. July 2s-Rs d'Ita1ia 0tal). New York
Liverpool July 30-Cedric Cr1. New York via Queens
Santos July 2s-Corscan Prince (Br). New York.
Queenstown July so. 1925 a n-Umbra OBI. New
York 1:S0 m Adratic (Brl. New York.
PASSED
Gibraltar July 30-LfudeEfss erl. New York for Port
ScIv July 30-St Andrew New York for Antwerp.
sannio July 2s-Sannio UtaD New York for Naples and
Lizard. july so-Beacon Light CBr). for Dun.
New-York tribune., 1908-07-31

Frederick Dorr has been a member of the New
York Stock Exchange since 1907 He is resident
of Los Angeles No information relating to the
suspension was received by the officials of the New
York Stock Exchange yesterday. except that con-
tanned in the news dispatches. 1t said that his
business on the Exchange here was small ana re-
Gently he did nothing Of any account
New-York tribune., 1908-07-31
MARINE INTELLIGENCE.
MINIATURE ALMANAC.

MINIATURE ALMANAC.
e,, -t=es Sun sets III 921 Moons ase
HIGH WATER.
\, Sandy Hook a:20Cyov Island 9:52 He'll Gate H.
q Sandy Hook 90 Gov Island s:56 He'll Gate 1l;49
New-York tribune., 1908-07-31
eovERNMENr SECURITIES.
SAN FRANCISCO STOCKS.

San Francisco July sO.-The official closing quota
tions FOR mining stocks to-day follows: