davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1908-07-29
GOOD STEEL REPORT
Earnings for Second Quarter I'sco
Million More than for First.

On a basis of 45 per cent of normal produc-
ton earnings of the United States Steel Corpora
ton for the second quarter of the current year
made extremely favorable showing according to
the statement presented at the meeting of the d.
rectors yesterday. Total results after deduct
ins all expenses incident TO operations including
those for ordinary repairs and maintenance OF
plants and interest bonds and fixed charges of
subsidiary companies. $50 265,75s, which com
pares with s4553 704 the same time year. the
latter being larger than in any corresponding time
in the history of the company
Compared with the first quarter of this year. the
earnings just reported presented increase of
little more than 100000 while the detailed state
ment for each month of the last quarter showed
that May returns increased over those of April.
and June returns those Of May. After the
deductions for sinking bonds of subsidiary
companies. and depreciation and reserve funds
there was balance Of SIC 35s. $780, and after other
charges and dividends there surplus for the
quarter Of S195. 595
Unified orders on hand at the close of June
amounted to SS1S.S76 tons and the daily bookings
for the first twenty-four days Of July were in
cess of 5000 tons day. equivalent to q per cent
Of the corporations full capacity. This tonnage
has been well distributed. being composed of all
grades of finished Steel with the single exception
of rails of which up to July "a there had been no
material increase in sales.
To pay regular dividends. provide interest, sink
ing funds, depreciation, etc, based on deductions
made in the first quarter Of the year. the United
S22S45 $50 in 1905 and earnings since the first OF
the year have been proportionately in excess OF
that amount less than one-half OF the concerns
normal production while since the beginning of
July tonnage has increased to u per cent of It's
capacity, shareholders are of their regular
dividends The dividends for the current quarter
were declared yesterday. 1& per cent on the pre-
ferred and II of per cent the common
The Steel Corporation, notwithstanding its small
er production. is making much better showing
10Y QT1rI
earnings in the last quarter of 1903 were s5OSllS1
in the first quarter of 1904 SS.4s.2S In the
second quarter of that year they were sls.4oI2S
and in the third quarter s1s.775s32. The corpora
ton produced 6e27s0 of steel for sale in 1884,
whereas it has been making larger earnings since
the first of the year production at the rate OF
approximately $4,000 tons a year. This is due
largely to the lower operating costs of the cor
poraton and the fact that prices for steel products
have been we'll maintained, which is in contrast
with the 19os-'o4 depression.
New-York tribune., 1908-07-29
H4RT WILL CASE UP.
Counsel for 4dopted Daughter Seeks
500 900 an Securities.

Another step taken yesterday in the case
of the will of Benjamin Hart, who died in Paris
on May A motion before the Surrogate was
made by Donald Harper, lawyer Of Paris and
No 20 Broad street. Manhattan, who represents
Mime. Gabrielle Josephine Guilemin. the adopted
daughter of Mr.. Hart His motion was to have the
Surrogate order the handing over TO her of the
100000 in securities that placed in trust for
her by Mr.. Hart with the United States Trust Com
pany at the time of her marriage in 1894 to Jean
GuiIlernin, who is w~counsel to the French En-
bassy at Vienna
Deputy Attorney General Miller, representing the
State Controller asked that the state transfer tax
be ordered paid should the motion be granted Mr.
Harper contended that the securities were settled
on her at her marriage gift outright and had
always been her property, although held In trust
This he said. according to the French Gus
TOM which Mr.. Hart following, and should be
SO considered Counsel received three days in
which to file briefs.
The main action regarding the will, which Will
involve a question of domice as affecting the form
of such a document, will get under way Tomorrow
when papers will be fled by Mr. Harper on behalf
of Nine GuilIe1nin and by Franklin Bien, Of No.
Z Reekmau street, counsel for Mrs. Estelle Kitty
Hart who says she is the widow Of Mr. Hart. She
raises a question to the legality of a Will
New-York tribune., 1908-07-29
MANY LEASES REPORTED.

SIawson & Hobbs have leased for the Broadway
and Cathedral Parkway Company. for term OF
ten years the large corner store in the building
the Hendrix Hudson. at the northwest corner OF
Broadway and Cathedral Parkway. The lessee Is
John F. Klpp. proprietor of a number or drug
stores in Manhattan and The Bronx.
John c. Prendergast and William H McBride
were the brokers in the sale of No. T7s Prince st
for Joseph Delano to Charles L. F'erano ana an
other person
O'Reillv Victor & O'Brien have leased for the
Actor estate two stores at the southeast corner
of Broadway and 109th st. to Benedettf Brothers
and l. Deutsch.
Harris & Co. were the brokers in the exchange
of No 404 West 18th st. six story fathouse. with
stores. a plot 27x10e feet, to William H. Iheo-
bald who gave in part payment No IN West lSist
St a three story dwelling house. lot 17x1o0 feet
De Blois & Eldridge have leased TO G. OD lseiin
for Mrs John r Lvermore her place IN Bellevue
ave, Newport.
New-York tribune., 1908-07-29
PLANT OF SECOND WIFE.
Says Husband Considers Her q
"SecOndary Consideration.

According the Interpretation Of Mrs Enrique
Banduy of No. 257 West 112th street, a second
Wife is one whose husband treats her as sec
ondary consideration That is the view she eX-
pressed Yesterday to Magistrate House, in the
Harlem police court where she appeared against
her husband whom she charged with abandon
ment The case was the denouement of a roman
tic courtship that began in Santo Domingo Ban
duy was a prominent figure in Dominican politics
at that time. His inamorita was Miss Louisa
Houptnnan daughter of a wealthy German. She
was a favorite in society and had many suftors'
of whom she regarded Banduy with the greatest
favor He was widower with four children. but
this proved no handicap in his campaign for the
hand of the fair sehorita. His first wife was a
sister of exPresident Isidro Jimenez. of San
to Domingo and his own career in the gunpowder
and machete politics of the republic was promis-
ing.
However, there obstacle to their conten-
plated marriage in the person of the young
voman's father. He opposed the match Vigorously
and banished his daughter to convent near Paris
France Absence and silence made no difference
in this a fair of the heart. When Miss Houptman
returned to Santo Domingo the mutual affection
still strong
Again Mr.. Houptman sent his daughter away
from the country. this time to New York About
the same time Banduy's future went up in the
smoke of an insurrectton and he. too. came mere
Tnhampered by parental objection, they were mar
ried in this city by Spanish priest. Mr.. Houpt-
man disinherited his daughter upon hearing OF her
action, and after went to BremerhaVeA' GeI-
many where he died from grief, 1t is said
Mr. and Mrs Banduy lived happily until recently
In the police court yesterday Mrs Banduy SUD-
mitted typewriter letter to Magistrate House.
in which she said that she was the oerenoaht .
second wife 'and as such has become a secohoaiS
consideration
Magistrate House held the defendant in $500 ball.
in default of which he went to cell until to-day
when the hearing will be continued.
New-York tribune., 1908-07-29
CENTRAL PACIFIC NOTE SETTLED.
Check for $2.939,661, Turned Over to the
Sub-Treasury, Cancels Debt

The final payment on the debt of the Central
Pacific Railroad to the United States was made
Yesterday. when the Southern Pacific Com
pany turned TO the Sub-Treasury in this
city check for 50 &c., .e6 representing the last in
sament on the Central Pacilcs note of February,
1899 The transaction anticipated the final pay
ment. due next February. and 1t was made to re-
lease the balance of the SIS 100000 Central Pacific
bonds held by the government as collateral and
recently sold in the open market
These bonds were turned over 10 the govern
ment under the agreement Of February, 1s99 when
in the reorganization of the Central Pacific that
company became part Of the Southern Pacific
At that time the Indebtedness of the company to
the government amounted to $5S.Sl2.715 for which
the road gave the government twenty semi-annual
notes bearing interest at the rate of 3 per cent
This final payment by the Central Pacific dis
charges all obligations of the bond aided railroads
to the United States with the exception Of $685.
1877 from the central branch of the Union Pacific
Railroad.
New-York tribune., 1908-07-29
SKIFF UPSET IN BAY.
4sbury PARK Capsises Small Boat
and Three Mem Nearly Lose LiUes.

big swell kicked UP by the Sandy Hook boat
Asbury Park upset a small skiff off the Statue
of Liberty yesterday, and three men barely es-
capped with their lives. No aboard the As
bury Park knew OF the accident. Had not the
tugboat James A. Garfield chanced along e.
few minutes later the three men would probably
have drowned
Captain Daniel Gully the ski1 drifting
seaward, and the body OF a man was lying prone
upon the bottom of IL. His men caught the
skiff. After reviving the man In the boat he
said he was John Rose. of South Brooklyn, and
that he had two companions with him when the
skin capsized. but did not know what had be-
come of them. Captain Gully got the tug under
full speed and steamed down the bay. When he
came abeam OF the tramp steamer Cape Corso.
anchored below Liberty, he saw two men cling
ing TO the steamers starboard anchor chain.
The ebb tide had about pulled them away
when the Garfield came alongside. With con-
siderable difficulty the two men were hauled
aboard the tug. Both tainted when they landed
on the deck. They gave their names as John
De Meyor and Joseph Caffero, both of South
Brooklyn. The Garfield took the three to
Pier IS, Atlantic Basin.
New-York tribune., 1908-07-29
HOYT REACHES LENOX.
Kellogg Expected To-day and Con-
ference WI Begin.

Lenoz Mass. July 2S.-The conference which At
torney General Charles J. Bonaparte has arranged
with officials OF the Department of Justice for the
consideration of plans for the move of the
government in the of the Standard Oil Com
pany of Indiana will begin probably tomorrow
on the arrival of Frank B. Kellogg. of Minnesota
who is expected to reach here in the morning
The duration Of the conference is uncertain but
Mr.. Bonaparte said tonight that he believed no
more than two days at the longest would be
qured to arrange the matters which he proposed to
discuss
Late this afternoon Mr.. Bonaparte had pre-
liminary conference with Solicitor General Henry
NJ Hoyt. Of Washington, and District Attorney
Edward ". Sims of Chicago. who came here during
the day James H. Wilkerson Of Chicago, Mr.
Sims's assistant. also present at the confer
According to Mr.. Bonaparte. no action was taken
Mr. Bonaparte said that when Mr.. kellogg arrived
the case against the Standard Oil Company of
Indiana would be completely reviewed and the
recent decision of the United States Court of Ap-
peals at Chica would be considered in all its
bearings What action would be taken Mr.. Bona
parte declined to forecast
Mr. Kellogg Is expected to reach here early to-
morrow coming by automobile from Pittsfeld.
where he will leave the train. During the afternoon
Mr. Bonaparte had a conference with Beekman
Winthrop Assistant Secretary of the Treasury,
but he said afterward that this interview had no
reference whatever TO the Standard Oil case.
New-York tribune., 1908-07-29
RIiSIkESs TROUBLES.

Petitions in bankruptcy were fled yesterday IN
he United States District Court as follows:
fnyoluntsrv against Morris Ornitz. jobber in wool
.eh9 a No I03 Eldridge street by Joseph SehgtIz ~
Sne Michael Hirsch whose claims aggregate $o1 81
= / Cohn was appointed receAver by Judge Housh-
he assets are stated TO be worth $500
inyoiuntary. against Luther Martin, Jr,. OF No
- East I'd street. by Robert ". Martin, Feter
Christensen and Edwin II. Murdock. whose claiIns
q June % Martin made an assignment OF an ms
snt title ana interest and income IN tne estate
" Luther Martin ldeceaseo) 10 Ada f1elnzes d
1saltor. with intent make a preference
voluntary. Jacob F. Braun. Of In Fl1h ave
ne n the ieVyelry business at No. 2l5s Third ave
hge liabilities sii3zs: assets s50z5 o. Braun in the
ssehecues states that he owes Adolphe Scf"-an. OF
30 Maiden Lane. 81 los 45. and =. = StfassDeFeeF
70, Of No. 80 Maiden Lane, $l,lao %
The schedules Of the Cooke Bank Note Engraving
Company give the lie biiies $3.50 45. and assets
sk IS sss Is The concern owes Frederick J. Grace
u No Is Cedar street. for money loaned between
october. 1870. and May. 1905, S7c6-
fhe schedules Of Toscsni Brothers show habii-
ues Of tll2 5s and assets Of sls 10 2s The alleged
sS2nkrupts the Empire city Marble Company.
v No 80 Eleventh avenue S5.254 a.
Tie schedules of Isaac Greenberg, maker of
esothing al No. 1T Bleecker street. show habili-
ess Of ssscss g. and nominal assets Of S4l.s5s ~
eseenberg owes J. Marcus. OF Providence, N9s;
= Bs1nendshl & Co. No. - Fifth avenue
~ss2 a; 5. L. Donrnerich. Nc z9 Greene street,
- .; Unitea Mills Company. No go Broadway,
80 y, Furstmann & Co. No. 81 Brea way. 81
=. - g. ana John and James Dobson No. ~ Front
,e1 n - e,ee - r.
New-York tribune., 1908-07-29
CHICAGO GRAIN AND pRousIoNs.

Chicago July 2s-FavorabIe weather for the
crop was OF the chief reasons for 2 ak
ness in the local wheat market to-day. A the
close the September delivery showed net r. or
&c. Corn was down 11zc Oats were up &c e. &C
Provisions closed 121ac to TIC higher
The wheat market manifested It's greatest " ak
during the first half hour Of the day CEN
eraI selling by commission houses and local Old
ers- Offerings were brought out chiefly Dy Ha eral
local receipts a sharp decline at Liverpool and by
a continuance of weather in the Southwest favor
able to the maturing OF the new crop The ma get
became much steadier during the last part OF the
session because of buying by shorts and bull sd
A falling off in receipts at Southwestern n-tT-
kets. an estimate of much smaller receipts here
tomorrow, export demand and unconhrrned reports
of black in the wheat fields OF the Northwest
the principal bulsh factors OF the later part
OF the session. The market closed steady. sep
tember opened &c to sc lower sSSsc to SEC. sold
between sstkc and $3.50 and $3.50 and closed at
ss1sc. Clearances Of wheat and -four were equal
shown by Bradstreet's. increased 100000 bushels
Primary receipts 1.0T6.OO0 bushels. compared
with $4,000 bushels the corresponding day year
ago. Minneapolis Duluth and Chicago repor ted
receipts of 746 cars. against 57S cars last week
and 65S year ago
The feature of the trade in the corn market
break of &c to 2%sc in the price OF the September
delivery opening transactions The July deliv~
e ~ tb 'He aras r1rs9 os eno The so N
due 10 the efforts of several OF the leading
sf that the movement viii be mich heaver Within
the next few days A bull leader became an &C
gether with a good demand from shorts and caSh
houses, caused a fairly steady feeling dur1ng the
latter part of the day. The close ST. dy-
September opened 1sc 2asc lower at 7224c to 5c-
held within that range. and closed at 739sc- Local
receipts POI cars. with % OF contract grade.
Oats. were weak early in the day, IN sym sympathy
in the day on buying by leading bull and closed
strong September opened lac TO sc TO Ssc 70 &c
lower at 422c TO 42ssc sold up 4317c and closed
at the top. Local receipts were 254
Provisions were strong on buying by local pack
ers The demand inspired by smaller recepts
Of live hogs and by better demand for the cash
product At the close September pork was up
17I2c s15 ssh Lard 121zc TO 15c higher at
SO 3711. Ribs I'D 15c at IS 821z.
Estimated receipts for tomorrow: Wheat, 24l
cars; corn, 103 cars: oats 125 cars hogs, $4,000
New-York tribune., 1908-07-29
BIG AQUEDUCT CONTRACT AWARDED.
stewartKerbaugh-shanley Company's Bid
Of Sc. .3ss. .a2o Wins.

The contract for the construction Of six and
half miles ~ the CarskIl sQue1Uct, between Rond-
out Creek and the Ashokan dam. has been awarded
oy the board of water supply TO the SteWart-her-
haugh-shsnley Company. who bid s2,3SS92a
This portion takes in all except a small part
near the Ashokan dam, which will be built later
80 as not To interfere with the work on the great
dam The line will ne the same as the regular
squeduct line all the way 10 New York and will
Se seventeen feet high and seventeen and a half
tsst wide the material 70 be concrete It will
rrn through the towns Of Masoetown and Olive
-Four wears viii he required 70 construct this part
Of the line
The board has spent or has now outstanding con
uscts amounting TO about s25.50oo0. It has had
appropriated some $50 10000 for fits Bids have
beer advertised for the construction Of three and
E haf miles Of the aqueduct near the Waikiki
Valley 70 cost about S13900o0 and the Waikiki
Valley s.phon TUNNEL, to cost approximately s.
va,9gl viii sooa be readYertised.
New-York tribune., 1908-07-29
BOSTON WOOL MARKET.

Boston July 2s.-Fsw buyers have been On hand tafs
week wool market has been quister t1an .9r
While prices higher. the rse-
ing is strong The leading domestic quotations ars as
wooIs-Oho and Pennsylvania neeces
Xxx 32assc; X S1932c No washed S4GS5e; 70
washed 23d34c fine unwashed Z1G22c: haf oiocO
comblug 26G27c; three-eighths blood como.ns. 2z5c
quarter blood conoing 2425c; delaine washed SSf5oc
5sIetnA unwsshnd 2SG27c- Michigan. Wisconsin and
New YORK heeces-FIne unwashed. 2Oez1c: dssins IN
eIghths blood unwashed 22ec; quarter blood un"ssnsd
9ac Eantuckv Indiana and Missourt-Three-eig -eignths
boo5 af27c- Quarter blood 23925c Texas and Georgia
Fine twelve months 19G2Oc hne six 20 eight months
15aIsr nne fall I46i5c; Georgia and lake. 2O@f2zc-
Caiforna-Northern choice 1TgIsc northsrn average.
I3T14c. southern. 11912c. fall
northern IiFi2c. southern. 9QiOc- Oregon-Esst-
ern No staple 1s4! I9c eastern. No clothing lSEloc
saete-n average I4d5C valley. No l. 1TlSc Secured
values Texas-Ffne twelve months. 55GS5c; me- SIX 20
egbt months 4G94sc: fine. fall. 42943c. California
Northern 4sG45c middle Sounty 4oe42c southern SO
s2Se0 eastern No clothing 4SG5Oc valley No 1. 40
az valley No ? 4064Ic valley. No 8. S2G3Sc Terri
-, Ftns stape 5e46oc: medium staple 5S9S56c
s1s clothing 4sd52c hne medium clothing 4564Sc
ha, hIoo bn55c; threseighths blood. 4sSoc:
biols 43G4Sc. PuIed-ExtTa 5eG57c: fine a. 5oG52c:
a supers. +594Sc-
New-York tribune., 1908-07-29
OTHER mARKETsRY TELEGRAPH.

(estimated) about
head market steady; steers Sost So - -
heifers. 50 50GS6 so; bulls S3g$5 calves y 90
S7 IS and feeders. S3GS4 SO HoGS-Receipts
(estinated) 10000 head; market DC higher cnoce
heavy shipping 55qs6 20; butchers So 504S6 So ght
mixed S8 54S6 SIS; choice light So 5oGs6 80; packing
IS 1895 80; pigs 81 50ds6 SHEEP-ReceiDts lest-
steady sheep 0Vt2
81 so; lambs. 81 75QS6 65; yearlings. 81 5OgS5 %
Cincinnati July 2S-HOGS steatys &c higher outcheTS
and shippers s6 s54s6 90: 81 s5GS6 CATTLE
steady; fair to good shippers S5 2qS6 % common 81
ass so. SHEEP strong. 81 254S3 So LAMBS steady'
1Oo higher, S6 a5. - - -,,. 90, -.
steady: prime steers. S66S6 75 YEALS-Recepts i2V
head: SLOW and steady; s5G$T so HOGS-Recsipts -
head: slow and 591Oc lower heavy and mixed 80 lVg
s5: Workers So 259s6 so: pigs 81 5oIk5 roughs - =
ass 90 SHEEP AND IABIBS-Reeefpts. 900 head: saeep
active and steady: and 1Oc lower At Sgs .
C!ty S--CATTLE-Receipts lo.OOO
fncudinz Southsrns: market steady 70 srons
axports and beef IS GS IS faito sog
s. 50Gs6 50 75qs5 - stocSeTs and fa
srs s3Gs4 So Southern IS s4 90;
s2is 50: native cows s2as4 rs native hsitsTs $3.50 %
10 600 head market strong 70 &c nigner. - sSs ~
ton Sc So bulk IS 309se 5o heavy 80
nsrs~s and butchers SO 25Gs6 so; light 50 l5so ~
njgs 81 5OdS5 so SHEEP-Receipts 5000 head; ma.Ass
s+seIv to IOc higher lambs, 81 254s6 80 ewes ana
inss s3 s0Gs4 So yearlings 81 2GsS Texas su0
"a 757s4 4O:: stocksrs and feeders. S3gS4
Pftfsbur1 2S.-CATTLE-SuPPy 1srS'
choice s. 8oass prime Sass IS sLEsMS122y - @
light slow prime wsthsrs 81 60qS4 90 erIs ana n
HOs-Recepts light: steady: prime heaViass, ss s 81
ss 81. mediums s8 1898 YorkeTs 50 I29soS
light Yorkers. ss 5Oas6 20: pigs. - 'S9so' r0us' ~
New-York tribune., 1908-07-29
SHIPPERS ASK FOR CONFERENCE.
Invitations Sent Out to Presidents of All
Railroads in Eastern Territory

Chicago, July 2s.-Acton toward an understand
ing between the railroads and the shippers in
gard to the proposed advance In freight rates was
AIKEN to-day in behalf of the shippers by repre-
sentatives Of the Illinois Manufacturers Associa
ton. Fred W. Upham chairman of the shippers
committee, appointed here in May prepared a let
ter which was sent out TO The presidents of rail-
roads north of the Ohio River and east of the
Mississippi asking them appoint a time and
place for conference with representatives of the
shippers.
II has been generally understood that the roads
have practically decided to postpone all further
talk of a general advance in rates until December
! and the proposed meeting of the shippers and
the carriers is intended to clear up any doubts in
the matter and to determine whether peace or war
is to be declared. With the Invitations in
closed copies of the resolutions adopted at the
shippers conference protesting against the pro-
posed increase
New-York tribune., 1908-07-29
RAISE RATES OR CUT PAY.
W. c. Broscn Says That Is the
alternative for the Railroads.

". c. Brown. senior vice-president of the New
York Central lines. who has been a leader in the
campaign TO advance freight rates, out fat
footed yesterday with the statement that 1t was
absolutely certain that there must be a moderate
increase in the earnings of the railroads or a
very substantial decrease in the pay of railway
employees.
Mr.. Brown when asked what he thought OF the
Interstate Commerce Commissions announced in
tention of investigating all increased freight rates
in advance Of complaints. said that he was heartily
in favor of such action. He added that he did
not believe such on the part Of the COM
mission would in any way affect the ultimate out
come OF the present movement
-'As long May 20 last said Mr.. Brown.
about time the first conference rates was
held. I said publicly that no question could arise
in the affairs of the roads with which I am con-
nected. either between the roads and their en-
ployes between the roads the public upon
which would not be glad to have arbitration
by the Interstate Commerce Commission. AS to
freight rates. the commission can only take the
issue up in advance in unofficial and mediatory
capacity, and such q service Will be welcome"
New-York tribune., 1908-07-29
=, AND p DIVIDENDS.

THE directors of the Union Pacific Railroad Com
many declared yesterday the regular quarterly divi-
dend If pa per cent the common stock ana the
regular senli-annuaI dividend of per cent on the
rreferred stock. The directors of the Southern
Pacific Company also met and declared the regu-
lary quarterly dividend of IA per cent on the com
,,,op stock This action had been discounted 10 a
iorea extent and had little effect on the stock
I-pon Pacific closed at 1885,, and Southern Pacinc
a. a. 4 net gain OF 3 of point and l point re-
zrectiveIv This about u points higher than the
stocks were selling at the time the last diVidehds
,,s,o declared The Union Pacific and the Southern
tie dividends are payable October l.