davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16

depostors many persons who live at a
great distance from the City Of New
burgh, their deposits being forwarded by
mail or express.
It's facilities for guarding valuable pa
pers and other things OF much worth are
excellent 1t Installed not long ago a
large, up-to-date vault. In which safe de-
post boxes are TO be rented yearly Mt
very moderate sums. Most persons who
keep valuable documents at home In IN
secure places would save time and money
by hiring deposit box for their own use.
Many executors have literally patron
lied this banking institution.
The Newburgh Savings Bank was char
tered April 10. 1852. but the bank was not
formally opened until January |. 1853.
This bank has proved to be one of the
most valuable and helpful Institutions. Its
affairs have always been administered
wisely by a board OF trustees composed
Of some OF the most substantial and re-
spected citizens. with the result that II
compares favorably with the best mstitu-
lions OF the kind I'm the land.
on January /, 1913. the market value OF
assets OF the institution amounted TO 3d.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16
NeweveGN SAVINGS bAak

! Ter: w. II. Gerard, teller. with the follow
/ ing directors: r. w. harrington, J. !.
Crawford, /. r. Carpenter Asa Sterling,
Isaiah Townsend. Charles W. Cushman,
John Jamison. W. *. MAILER James Pat
ton and John j. Mcneil.
In 1852 Mr. Weed became the head OF the
bank and continued as president until his
DEATH In 1911
j. y. Dickey is now president and w. u.
Todd cashier of the Institution.
! The COLUMBUS Trust Company, OF New
burgh is one of the foremost concerns OF
| its kind in this state. having total re-
sources OF over 100000 Its surplus fund
and undivided profits are over $4,000.
Joseph Van Cleft the president OF this
| up-to-date and rapidly growing -insutu-
! ton has been for years one OF the lead
| ing citizens Of Newburgh.
IL was on october II, 1859, that a meet
ing was held to organize a trust company
in Newburgh. but it was not until several
years later that the project was success
full.
On February 4, 1893. the Columbus Trust
Company, which was the name chosen for
the proposed concern, obtained a charter.
1t opened its doors on March ! Of that
year at No. 81 Broadway. Its business
increased at such a rapid rate that II
was soon necessary to find larger and
more commodous quarters for the com
pany. In order 10 do so the board OF
directors, on December is. 1900, voted TO
purchase the premises No IS Broadway,
corner OF Grand street By May ]. 1891,
the new premises were brought up to date
for banking purposes and the trust com
pany became the occupant.
on January 10, 1909 the directors Of the
trust company began negotiations to pur-
chase No. &c Broadway, and the contracts
to buy the property were signed on May
T. 1903 Soon afterward the bank bought
the adjoining parcel. No. "A Broadway.
The trust company has a most attractive
and modern home at Broadway and
Grand street The premises has a front
age Of about sixty feet on Broadway The
architects Of the building were Mowbray
& Umnger. of this city. The work of
altering the building was done mostly by
Newburgh mechanics.
At the time the Columbus Trust Com
pany opened its doors for business. twenty
years ago. there was not single trust
company north Of New York city located
on the Hudson River. II was predicted
by some persons who posed as wiseacres
that II the deposits of the bank reached
100000 in twenty years the officers of
the company would consider themselves
most fortunate. The 100000 mark in de-
posts was reached some years ago.
The trust company numbers among its
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16

Isaac Belknap. and the first cashier John
s. HUM. From 1920 to 1890 a branch of
this bank was at Ithaca.
On July 5, 1864, this institution became
a national bank with the following board
of directors: George w. Kerr. j. De Witt
Walsh, w. L. F. Warren, James Bigler,
r A. Forsyth, J. Stearns, A. F. Scofield,
T. A. Brewster and George w. Townsend.
George w. Kerr was chosen president
and John J. S. McCroskery was appointed
cashier.
The original capital stock was Sl20,OU'
To-day It is 10000. and the bank has a
surplus and undivided profits nearly twice
the sum of its original capital stock.
Howard Thornton. the president OF the
hank. is one of the foremost LAYERS OF
Orange County. His ability as tinancier
has attracted hundreds of persons OF large
means to become depositors with his in
stitution. In addition to doing d general
banking business IL introduced an interest
department some FIVE years ago, which
met with immediate success.
The Highland National Bank Was char
tered on April rs, 1884, and began business
with a capital stock of 100000. Next
April It will have reached the age OF
eighty.
1t has earned in profits sl,343,02f 80. and
has paid to its shareholders in dividends
Si.os2. 100 since IL became national bank
In 1865. This institution was one Of the
first in New York State to Join the ma
tional banking system.
One of its earliest presidents was Alfred
Post, a man OF stanch character and
large mental attachments He was sue
ceeded as president by NJ. c. Belknap.
who was a trained banker of exceptional
character and ability.
An examination of the financial state
ment of this institution reveals the fact
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16
| HOWAGO
| THORNTON
| "
| PRESIDENT
| OF
| THE
| NeWeUecA
| NATIONAL
| BANK
History of Newburgh
Banking Institutions

10 the general public, although it is well
known to the citizens of Newbursh and
adjacent towns, that the surplus iund ana
undivided profits. less expenses and taxes
paid is over 500, 900 more than the capital
stock of the bank.
H a. Bartlett is the president of this
fiourishing institution. He has been en-
gagged in the banking business for many
years and is one OF the leading bankers
Of this state. He has most efhcient
staff Of officers to assist him in the man
aCement of its affairs. d. f. McKinstry
is the cashier.
The bank recently opened savings
department and pays interest Of per
cent on any amount. The policy of this
bank has always been based on the most
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16

slo.S3o 50: the amount due depostors was
sl2.525. $50 50. leaving a surplus of 1854,
$500.
The present officers and trustees are as
follows: Thomas f. Balfe. president
+. W. Senff. first vice-president; William
o. MAILER. second vlce-president: Isaac
c. Chapman. secretary: Frederick c.
Balfe. treasurer. and Warren =. Dickey,
assistant treasurer.
Trustees-Isaac c. Chapman. William o.
MAILER, Joseph Chadwick. A. Y. Weller,
George w. Green, +. w. Senff. William
f. Cassidy, Hiram Merritt, Thomas +.
Bale, Thomas f. Chadwick, S. V. Schoon-
maker. John T. Howell and f. c. Balfe.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16

liberal lines coupled with sound conserva-
tism, and that Is why IL is one of the
big leaders in the banking world. It's
attitude has helped many men 10 engage
successfully in business in Newburgh and
has encouraged many others who were
well established to expand their business
to keep abreast of the times. It's stock
is largely held by well known residents
Of Orange County.
II has occupied its present site on Water
street since the first day the doors Of
tho bank were opened for business.
1t is fully equipped with safe deposit
and storage vaults of the most modern
type. II issues and buys foreign ex-
change, discounts commercial paper and
| transacts all other kinds OF banking
business.
The Quassaick National Bank. of New
| burgh. has a surplus fund and undivided
profits of over $4,000 and has investments
totalling over sl,0OO,0CO.
II was on September "A, 1851. that a
meeting was held by citizens OF Newburgh
to consider the formation of this bank.
David Crawford was chosen chairman
and o. NJ. Smith secretary of that meet
ing. Addresses were made by William
Fullerton. Samuel w. Eager Thornton NJ.
Niven and other persons. and a commit
tee was appointed to select board of
directors and to suggest name for the
institution.
On March 81. 1852. the bank was organ
lied and began business with a capital OF
x;s0 600 IL opened it's doors as a state
bank, and on June g. 1865. II became a ma
tional bank
or July s. 1852. the capital stock u the
bank was increased to $4,000. and on
June %. 1853, to 100000.
The first officers of the bank VERDI. w.
r-ar,Inoton president. + n Weed, CASH
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16

Name % company and NO OF
goods manufactured. employees
Abendroth ROOF. machinery and
Atlas Roofing Company sheet metal
workers and roofers .................. 70
Alberrcr Pump and Condenser Company
Blumonthal Bros. shirtwaists......-..- IL
Bradley G. W. Axe and Tool Company
axes and tools. ...........-...- ..'.. 20
Central Hudson Gas and Electric Com
pany, electric power. ............. ID
Central Hudson Gas and Electric Com
Cleveland s. Whltehili Company, over
ais ......--..... ~
ColdwcI Lawn Mower Company, lawn
mowers .........-.... ..-..s' ...-.'..' -
Colviu. Arthur. wagons. .............-. ~
Crabtree. William. a son. wooden yarn. II
Crawshaw Carpet Company rugs. ..... l3
Erie Railroad Company. car repairing. ~
Fabrlko!d Works. imitation leather. .l34
Ferry Hat Manufacturing Company
hats ..-.... .......... .'...s' .'s. os1
Granite CITY soap Company. soap. ..... IS
Hudson shirt Waist Company shirt
waists Observation-Disclosures s-s.-rss Vo
harrison & Gore SILK Company. silk. 40
Hlgglnsou Manufacturing Company.
Ide Gorge p & Co. shirts .......... %
Johnson's Laundry. laundering. ......... II
journal. NcwbuTgh, Company. printing. 30
Kaufman, A. c., & Co. cigars. ........l U9
t.ackey Manufacturing Company. ...... l2s
Kcus Company, proprietary medicines. 30
Rlmbairs. : c., Son, machinery. ...... II
Marvel. T s. shipbuilding Company
boats ...-t...... ....'.- s....'.'. soif
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16
$4,000 SQUARE FEET LEASED.

The Duross Company has leased for the
18th Street Store Rothenberg &c Co. So
900 square feet OF floor space on the fifth
floor of No. 80 to AZ West 18th street
and No. 80 to 30 West 18th street and the
fifth, sixth, seventh and eighth floors of
Nos. II and 43 West 18th street for a
long term of years to the Hospital Sup.
ply Company. manufacturers of operat-
ing tables etc
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16
One Bank Has Passed the
Century Mark and Others
Have Been Established
Many Years.

The National Bank of Newburgh is over
one hundred years old. 1t reached the
century mark on April Is. 1911. 1t. ranks
fifth in point of age among similar cor
porations in this state, and possesses the
envjable record of having earned sub
stantial profit in every year of its ex-
istence.
The first president of the bank was
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16

Nam- or company and No OF
goods manufactured. employees
Miller - G. & G.. w, monuments. 10
Newhurgh Bleachery. bleaching and I'LL
tshing cloth........-..... .....' go. '-SJ
NcWburgh Carpet Company, rugs...... ~
Newburgh Cornice Works, cornices.... 10
Newbuygh Ice Machine and Engine
Company. engines. .....,...........,. -fV
New burgh Paper Box Company. paper
Newburgh Flaming NIL Company. house
rim .....................b 70
Ncwourgh SILK Company. silk.......... 20
Newburgh steam Boiler Works, boilers. "
News, Ncwburyh Printing and Publish
ing Company. printing ............... %
Ora ge CoInty Traction Company. cleo
tic power. $3.50. ....'.'. ..'.'.'' ~
Pennsylvania Coal Company, boat re-
pairs ............. s.s.. s..s.s'..s ..s..' o.
shannon & Co.. slate roofing and cor
uiCcs NEUTRALITY-SUSPICIOUS.. IL
Staples & Hanford Company, upholstery
springs ................'.. ......'... 10
strcock Plush Company plush goods. .30i
sweet. orr & Co. rants. .............6 lo
Turrs John sons. Inc. sugar machinery 80
NEW WINDSOR.
Coldwel-WicoS Company, machinery
and castings. Observation-Disclosures. los
Davidson. Anna. brick. %
Erie Railroad Company, car repairing. 20
HAYDEN, Matthew. brick. .............. 46
Holden Parer Company paper. 50
Hudson River WoClon Mills woollen
I.abey William. Estate. brick. ......... ~
El,tle Falls Paper Company, paper. 30
stroock Felt Mills, felt.................iS 1856
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16
NEWARK PLOT SOLD.

Louis Schlesinger, Inc. has soia
vacant plot No. 669 to GIL Belmont s'.
nue.. Newark. N. j., for Louis Echikson =
Stephen S. Swaziland. The new owner -
tends to erect handsome modern W.
family Boston plan frame dwelling NJ
on the plot.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-11-16
LIST OF MANUFACTURES IN MEWBURGH.

Of the principal OF the and the number
owes compiled a official Is a follows Il
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-14
BIG MARKETS KEEP
TIGHT GRIP FRIDAY

James A. Pollock e. Co. bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon.
markets opened with firm undertone and
strength was we'll maintained all through
the session. Fluctuations were small,
but after yesterdays sharp advance IL
the fact that they held so we'll has done
much TO revive confidence. Local stocks
We're In better demand, especially North
Butte, CRANKY, Calumet &c Arizona, ana
If the New York market continues TO
hold strong we shall see a. good rally in
the coppers.
Logan & Bryan, New York.-Market
advanced today in an irregular manner
nd closed as a general rule somewhat
higher though IT was apparent on up
turns that offerings were assuming larger
proportions and that outsiders were not
disposed to follow the advances with
continuance of buying orders. Sentiment
has altered decidedly for the better and
It appears to be the consensus of opin
Ion that while for time some hesi-
fancy may be witnessed that drastic
liquidation has in great part run its
rences such as the granting OF Increased
freight rates or a satisfactory solution
OF the Union Pacific dissolution matter
will be followed by substantial better
ment. We are disposed to favor the buy
ing side on the occasional downturns.
but would safeguard commitments and
accept moderate turns.
Gallagher Letter, New York.-Curb
move continued throughout session CT
gars at SO, and Tobacco Products at 50.
were leaders. Braden at s. Tonopah
Merger at 73c. Belmont at 6i eX-diy-
dend. and North Star at Sic, were pr!n-
cipal features among the mines. Close
steady
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-14
LEASE. is SECURED
UPON YANKEE BOY

SPOKANE. Wash. June 13.-One Of the
biggest leases taken out in the Kellogg
section Of the Occur d'Alenes in several
years was closed this week when D. w.
Price Of kellogg secured the lower work
ngs OF the Yankee Boy property. on Big
creek, for five years on the usual roy
atty basis The Yankee Boy is owned by
Dennis Blake and his sister-inlaw. Mrs.
Hattie Blake,
Under the terms of the lease Price will
drive a l500-foot tunnel from the level
OF the creek TO cut the ledge 500 feet be-
low the present lowest workings. Four
men will be put to work at once and
more as the work continues.
Mr.. Price Is interested In a lease in
the upper workings or the Yankee Boy,
while Sidney Shonts and associates are
extra citing ore on another lease in the
same property. The mine is especially
rich In silver, and past mining has dem
onstrated that the deeper the workings
the richer In silver the ore becomes and
the less the galena-
Shipments OF 22-ton cars have brought
returns of over S8500 from the srnelter in
silver alone. The Blakes did little in the
property. using 1t more as their bank"
extracting rich, first-class ore when they
needed a. little money.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-14
NEW COLORADO ORE
OPENS WIDE CHANCE
Famous Channel May Prove
: Productive of Considerable
Good Ore Yet.

The development during the past week
OF a couple OF places on the 300-foot level
OF the Colorado Mining property at Tin
tic, where substantial mining Of shipping
grade silver and lead can be carried for
ward. Is a decidedly happy turn in the
affairs OF this proposition, and the as
surance that these places are offshoois
from the famous Colorado orc channel.
whose ores have made possible all the
Colorado. Sioux and Iron Blossom divi-
dends, Is also OF interest and importance.
Some weeks ago the Colorado man
agement announced that shipments OF ore
were to be discontinued owing to the fact
that there was nothing left in the mine
levels except grade and character or
orc that would yield a better profit by
milling rather than by direct shipment
The knight interests are now construct
ing a custom milling plant in which SUCH
lows grade ore may be handled. While
shipments were discontinued. the COM
pany did not abandon the third level en-
tirely, several men being kept at work
following narrow strIngers OF ore out into
the lime the results being as stated
the shipping division OF the Tintic dis
trict, The new ore will begin reaching
the market during the coming week.
1t is not an easy matter to predict with
erative this new ore Will be 10 the com
panv. Everyone knows what a wonder
ful ore channel this ore makes from, and
everyone knows that the formation at
Undertaking solutions ever ate their way
into. and while there Is lime there Is
hope. Some believe that from $4,000 TO
SIS. 900 worth OF new ore will he found.
than certainty The big item is that the
Colorado Is finding some new ore. show
ing that It's long stretch OF ground
throughout which the famous channels
cation where there never has been much
hone of ores.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-14
[ AXE MERGER NOT
NOW CONTEMPLATED

Western stockholders OF the Lake Cop
per company will be interested In learn
Ing that two recent rumors In regard TO
the company have been denied In the
east, one being that a consolidation with
the South Lake company is now under
contemplation. The other is that the
company is TO call an assessment.
IT is pointed out that the Lake Is
producing property. while the South Lake
is in the development, stage. although
OF undoubted merit, and neither mine Is
far enough along in development way
to admit OF any very satisfactory basis
of consolidation. But some such deal
may materialize in time.
While the daily production at the Lake
mine-300 tons OF ore. containing fifteen
to sixteen pounds of copper to the ton
is not meeting operating expenses. the
deficit is sufficiently small. 1t is stated.
to admit of the cash surplus of $4,000
TO $4,000 lasting for several months
yet. so no assessment is probable now
and earnings may be so increased as to
give no need for such a step this year,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-14
OPEX COMPANY HAS
RESUMED ITS WORK
Drifting Into Virgin Ground
on Seventeenth Level, With
Prospects Good.

During a recent visit to Salt Lake City
Jesse knight, president OF the Opex COM
pany. stated that 1t was the plan OF the
officials to resume deep development work
at this property within the near future.
True to his promise. Mr.. Knight and as
sociates have started working again. and
q drift Is being sent out from the 100
foot level OF the shaft to- explore a con-
siderable expanse of absolutely virgin
territory that lles adjoining the famous
Centenniel- Eureka property.
Work Is being prosecuted also on the
2000-foot level in behalf of the Middle
Swansea company. and present conditions
are reported to be favorable. This work
may result in something as valuable for
the Opex q for the other company.
The OpeX is one of the best located OF
the large groups at Tlntic, and In the
days when money was easier some OF the
hardest OF eastern capitalists to interest
In anything took substantial interest In
the company. and work was prosecuted
until the 1907 panic struck the land. Soon
after, the Knight interests took control
and began an active campaign. which was
discontinued n few months ago. The new
work Is IN ground that bears the ear
marks Of becoming productive, and from
the way In which operations have started
it appears TO be the intention OF the Of
Ncials to keep the good work going until
something definite is known about II.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-14
HELPING HAND IS
GIVEN TO MINING
Recent Deal in Idaho Shows
international Is Developer
of Resources.
LARGE LOAN GRANTED
Tooele Smelter Clinches Big
Lead Ore Tonnage for
Period of Years.
LARGE LOAN GRANTED
Special to The Tribune.

Special to The Tribune.
WALLACE, Ida, June 13.-Negotiatlons
which have been pending for someume
for financing the property of the ldaho-
Continental Mining company, were suo-
cessfullv consummated on June TO- Fresi-
dent a. Iilockmann OF the Idaho-Coi'i-
mental company represented his company
and signed the papers closing the uea'
with the representatives OF the lnteri'a-
,iopal Smelling 81 Refining COMPANY
thereby securing sl25.ooo available TO
carry on development al the proper'y aIio
complete the concentrator. power Pia1i,., P1a
wagon road and fifteen-mile transmisSsion s,sa
line from the power station 10 .he rIlilie is
The new board Of directors n hiHTM- ySII
mann William Wrath, j. b Whlten.i'
a. I Goodell and Richard Schact' oISdm. Ss,
ICED on the morning OF June D by eIsc.,liSi +
Mr. KIockmann president, MY eooosii -
vice president and general manager aIq
MT Schact secretary treasurer. M, ~
Canon, who has been In charge OF opei q.
lions at the property since deVelopiuenl en-
was hec1rn. will be retained as general SUI
perinter1dent, and the services OF the seoo
logical and construction experts oi ene
international Smelling company nav
been offered by Mr.. Wrath, genera ma ns,a ~ :
ager Of the smelling company. whenever
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-14
OUTPUT Of SILVER
BY COBALT MINES
Over Six Million Ounces Pro-
duced This Year to the
Present Time.

Shipments Of ore from the Cobalt camp
last week were as follows, figures In
pounds; Cobalt Towneite, s7.4o5; City Of
Cobalt, rs, 400; Coniagas. 1850: Buffalo.
66,26oi Trethewey. 1874, Hudson Bay,
s2.591: O'Brien, SALE; Mckinley-Da
ragh. 61,229, Nipissng. 1880: Cobalt
Lake. 64,410; Beaver, 54.SI3, says Finan-
cial America.
The shipments OF ore from the Cobalt
mines for the year to date follow figures
In tons: Coniagas. s22.41: Trethewey.
5o1,72; Nipissing. 93i.i3: Dominion Re
ducuon, 3IS.66. Hudson Bay, 304.l1; Co
bait Townsite, 9s207; Mckinley Darragh.
1049. 63; Kerr Lake. 325 IS; Beaver, 1a4.A1 /.
La Rose. 1000. 90 Peterson Lake (Seneca :
Superfor), 250.76: Temiskamine, 3o91!
Crown Reserve. 269 90; Cha ambers- Ferla nd,
159. 20: Colonial, 2l.56; Cobalt Lake:
422.4a: Penn Canadlan, 57.5l; Drummond.
500; General Mines. $50; OBrien. 221, 26;
Silver Queen. 60.S4; Bailey, 2o2.15; Casey
Cobalt, 100 ~ Right OF Way 62.19: CITY
of Cobalt 1920; Silver Bar, 20; York
Ontario, 20; Buffalo. 6s,1S; total, 94ls.16.
The shipments OF bullion for the year
TO date follow:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-14
THOUGHT THE STOCK
EXCHANGE RACE TRACK

Local brokers these quiet and trying
times turn from the rail frequently. TO
all had more business than they could
attend TO. and a good story was recalled
yesterday in regard to a man somewhat
the worse for wear from highballs. who
was an interested spectator during one
Of the wild days in the old building on
Second South street
He finally staggered In among the
brokers and, after reaching Joe Sheets
by various and devious waver1ngs, Joe
making as usual as much noise as any
OF his fellow brokers. handed him a So
Dill. saving: "Here, bet nv money. too"