Newspaper Page Text
r Grand .Jury Also Finds'
Bill* Against Curtis.
_jmal r~~* jary r* st crday returned another
gg fefit* «f forty-one counts again** Charles W.
s£^ at " and Alfred H. Curtis, as
*>&• _** of jjje Nat'.orjil Bank of Xorth America,
r^ J 'dos«3 lls doDrs oa Jauuar>- 27. The indlct
*r: V »or EpeclSed offences against the national
•i"*"* and Involve charges of manipulation
*"* r^un<l« of til' bank by Mr. Morse in eonnee
"' '*' j; v eerinc * n -C* and Consolidated Steam
•J^J^lSon* and Turtle sr« charpod in the Us-
arttli rosins false entries in various re
fiC 23f*"^^ controller of the Currency in 1806 and
> (j »it': misapplication of th« funds of the
'*,' ,»i Bank ° North America In those years.
V»!iCs^^ entries consist, accordlr.g to th« in
•*^f * t f o f failing to include in the assets the
iV . of the American Jce Securities Com
**! ti» Consolidated Steamship Lines and of the
'* = k' it!*i' I* llß sU>clc v !Tip been purchased for
. b-fl* by Mr **■■■■■ It is alleged, also, that
1 T\tf falsitScation of entries in railing to mi
i anjr=S the liabilities loans obtained from the
rS i.< *'hocKer Trust Company, the Mercantile Na
? BaTrtc and the Ncr Amsterdam National
--^ tr tue amount of 55^.000.
->-»T!tj- counts charare Horse and Curtis with mis-
n i r «mc trie (■■•• of the bank In the purchase of
*^Vcf the American Ice Securities Company at a
vnta tfce r"ce paid for the stock was known
v» artiScially innated by Morse's manipulations.
* trfcei! the pu>ck was worth leas than was paid
1,. *> This- misapplication Is allejred to have been
'ZfV~& b • 0::r transactions, and the last six
,f, f p# the indictments have to do with the al
i«ti filsrf > - rtl "P of i \ai:.; and uncollectible notes
_I| ty. cred-tins of such sums to Morse, enabling
tt: , c withdraw some jr.¥i.«w.i from the bank when
J^tifl no ris'r.t to do so.
11^. Morse and Curtis appeared before Judge
_ -i. « n the I'r.ifKJ Slates Circuit Court later, and
J..^>ra Rntai r r' # «** of not pruilty to the new
►a The (s<-*<-!nlants. w!iose trial ■ :. previous in
)rrr .. )< , 5 r-2s "r^-en bm for the October term of the
jv^jj,,-, Branch of th* United States Circuit Court,
r?:r rives rm'Al July 1 to withdraw their ploaai
r ,),- or t" «!i- l»t*-st indictment apainst them.
X. XcT£f pave at a statement last nicht con
_j/faf « reqii"?* made by hini to the Controller
t'. tt» Cnrrrrc: . in Washington, asking for a mail
21 BsJ rt *!'"' drpos'tors of the National Bank of
Kcrii America. Hr Morse's application for the
tit trx« d« > ni« N d. Commenting upon the cor
tsycr.a"^re. Mr. Morse said:
Mr. Harms. on taking charge of the National
Back .-• North America, report »d to the govern
set "hat •■•— »■-'■ only about 5135,000 left. after
arftp oepos:*ors. He now says there is a.Dout «
. --;,'• Everything that it is possible to do
'IT&spsriS'o ''-.r a?.<*!? lias be*"ii done by him. and
tithis • rjionth hf has stated to some stockholder?
jjat" he »ss iini-^rtain whether there would be an
tf^smer.t on the Ftock or not.
He e«ked P'rniission of -:• ■ Court to-day to Mell
-,, -■■.-.- at 75 rente on *"«" dollar, which
uT tut ir, July, \ :tri*r and September Nearly
ttif of *h» Jui\- payment has been partly «.ntici
pttfd *!r^ad>-. and will undoubted]: be paid before
THOMAS .1 BRADY CO ASSIGNS
Ccrtracting: Finn's Liabilities Amount to
$50,000, with Assets.
Ta« Thomas .1. Brady Company, a bnfldiaa; and
rctrsrtirf firm of No. 1.123 Broadway, assigned
TtKrfiay to "" P. Butler for th* benefit of
oaKOTS Thon-.aF J. Brady, Urn president of the
■S*t&?; »as head of the Buiidinpe Department
me? M«><^r Stron*/. and was removed after an
3»»st*&tioM of '.- department, but when Tam
scy c«s>e into power lie was made Commissioner
mi. itid Isut chairman of th« oommttae to re
t» tb' B-uiidirig <*o<3' > . He resigned his office In
■fe«nter the building bostneaaL
If- Brady'»« •'• liabilities may amount to about
; C«. » •■ «MfTici«»ni as -'- if he can realise on
iE.it •» as «^ald. H» attributed his failure to his
tfjarr fr-r the Bronx courthouse, work on which
/a*tn HaSt-n recently ordered stopped.
ISLASSYEE. TAX RECEIPTS GROW
licrcasc Prtsumab:y Due to Activity of
Stats Controllers Collectors.
. Aioar:y. June IT.— State Treasurer Hauler an
osnees that t!i«? receipts for May from the stock
■ZKXfrr tax law aggregated J4BT,.TST. This Is larger
tran lite aggrega;? for ar.y other month since las*
3Sk iricreafe jjj tn* amount of the tax receipts
is prtsiirr.ably dut to the recent action of live Stat«*
Coctrollrr s oSce, i\ hich i« understood to have
wtec c arid* discrepancy between the reported
toils cf Transact ic.is in securities in this city and
'•st tax return on such j=bl<?». and to have taken
E«ps to s'-cure ■h» payment of the tax on ali sale*.
RECEIVER FOR MACHINERY COMPANY.
ji,cr- Elar.charJ, ia tbe Supreme Court, appoint
<l TtSlfTQb-.' "V\'a!ter A. Hirsch receiver of the
••«'.!'• th« O. S. pr. Corporation, manufacturers
• «iai-r.: anU jndfstructibie -••::.. •»::!. offices
•crme: . at No. 35 "Wall street, in i euit brought
•? I>- 0. MQla. b ;:;dgm«-nt ■•-.;'• I for KM, the
•ase^2t ii;«-?r.d by him lo be due for real of office*
» Ok KISs Buildinp.
(SALE OF B. &. O. SECURITIES.
[Ey T«ie|rraph to The Tribune.]
— hiaore. Jane IT.— Al<?xand?r Brown A- Son?.
te«t«s. have bougtit B.<C2jMi of Baltimore & Ohio
Rsr Den Z-~ p^r c*>nt bonds. «.02o.f«« of Baltimore
*oiio sr»t nior:p-a|r« 4 p*>r cent bonds and Sl.ol3.00')
"S»3timor« & Ohio Southwestern division Pa p*r
•fctx&iide;- Bt v- Mfeed i' his house !iad bought
*•*< bw-: m behalf of an und**rwritin«: syndicate.
•<• •*•%"/>. «>>' v» bought th* bonds direct from th*
a^ssfl cnmrciTiy, but 1 don't mind **yin* that th«»
ssiT«tj- Trust Comri&ny of N-^ lew* is inter-
v *i. A? l>» *5 - know it is th«» only banking In
•'■.•" toereatt*Jd r ,--c,-,rc ourselves."
SVFTALO. RUCaUKIsCB *• PTtTSBUBG.
■Li** 15-IT. 15-"S
■■*%.. , ;.__ SI2Z.ZT. Wsa.as* Ill *-""
CSrlttJa, 14 ... T.724.3fW 7.?<W.OSS 7,557.4*0
t?» »«-k tn .lure.. «4R«.«!24 swtr..*;]" ?.«.».s»3
**? lU, Jlt»- 1» 2**7T>.-Xi M.«9*j«M MVHMU
"RI 1 "-. ~r i . aPOUI *: UUHsVIU*
j»»^,«, jri , Ma.««r ?iti..-wi fin.4i»2
t <-T. Mi *• Mi JJPIJMI
OfTHiXATIOXAi. , SBEaT NORTHERN.
T* *"* ir. June $117 Of«) SlS2.«afl $\ir..oc*>
■* '>« .'uin ; .-. • T4H »s-' ». •Mi M» ■Mi •'- ■
WKa< JOHNFTOWN & 01/3VKRSVJLJ.E.
,'«■ . ijw* UtfC, CISSBBBS
t0"t 0 " earsicce JW.M2I jew* Dae. fl «£«
•w*- 3i-.r7w XLMC Dm 2.27b
s^" earning.-. ~ JJi>.<i ; .T $30,411 Inc. MM
t^'ir-_:r^*; J7JC.l** ?«rf5.4«i2 Inc. «.7fW
"*»*»» , - 347.535 X>ec. 6C7
V * ! *»r-:.-.-» $>J3JSOI t3.'.S.O?S Inc. $4,371
•: -'' C^ITKU rtAlLWjkTfi OF ST. J-Ol*lf.
***** o* Mll .._
a -*' 5-.-1.543 C2£.<MS. I «ec ; 36JM
SL**"**... ~i:,-vT*rr' >r£i.»»H inc. fa.y-j
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t^ c *:::::::*I:S:?it j^? feffffS
tv IMi *-'-■■ : '' ''*' '* -
«^ifc^2 *-* -■- Jac. *****
USN-.-EII iL l'.'O GRANDE.
J?7 •♦ t> B J une - I& . »**S*
SAN FAANCISCO STOCKS.
' v * i>) Ptencjeco, Jun« K.— Tr.*> official <:ostn»: q»o
"**■* for tXTSniar Motks to-Jay wire a» tallow.
."--•• siSSiifeS" "it.
'""i^ E «''rfc*r ;.;.-. .4<»i«»pi.:r f
,*►♦»-,.■ wov-rsnejs tft
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; ;** * y, 1 ;"^ .*.tt[vi*h «:\>.i -_-^ '■■'] 4: '
COAL SUIT XEARS EXD.
Both Sides Rest — Appeal to Fed
eral Supreme Court Probable.
Philadelphia. .June 17.— After brilliant addresses
by Attorney General .Bonaparte, on behalf of the
government, and John G. Johnson, of Philadel
phia, representing the seven defendant railroads
In the government "hard coal suit," both sides
rested to-day and the case was submitted to
Judge* Dallas. Gray and Bufilnjrton. of the United
States Circuit Court, for determination. Both the
government and the defendants will file briefs
covering- legal points raised during the arguments.
Mr. Johnson in his address assailed the consti
tutionality of the commodity clause of the Hep
burn act. under" which the proceedings were insti
tuted, and decried that "authority which seeks to
centralize the government and segregate the
Mr. Bonaparte, in answer to Mr. Johnson, con
fined himself principally to a defence of the con
stitutionality of the commodity clause and asserted
that the power of Congress to regulate and even
to prohibit interstate commerce when it was inimi
cal to public interests could not be successfully
disputed. It is obvious, he said, that Congress
will not admit that a corporation is an imaginary
thin*. It cannot be. he continued, that the same
gentlemen can be the active agents In a railroad
company and a coal company and then deny that
the two interests are indirectly, if not directly, the
came by taking different names.
Mr. Bonaparte, in referring to the power of Con
£t*ss to regulate corporations, even to the extreme
of confiscation, cited the case of a bridge over this
Allegheny River which was condemned and razed
by the Secretary of War on the authorization
of Congress. Mr. Bonaparte paid that the owners
of the bridge, which was erected by a grant of
the State of Pennsylvania, invested their money
knowing the right of Congress subsequently to
pass laws based on changed conditions.
One of Mr. Johnson's arguments was that the
power of the railroads to own coal properties was
conferred by the law? of Pennsylvania and could
not be interfered with.
The courtroom was crowded again to-day and
the sp*-akers received ' the closest attention. It in
said that, whatever The decision of the Circuit
Court, th* case will bo taken to the Supreme Court
of the United Stat?s.
St. Paul. June 17 -Thomas Cooper, land commis
sioner of Northern Pacific Railway, testified at
the federal rate hearing to-day that the coal lands
owned by the compnny savo the railroad J2.T70.000
a year ami are worth to the company $50,000,000-
Al! UK.cU K .e coal usvd by the road weet of Bismarck,
N. D-. comes from its own mines, said the witness.
TERMS OF THE SWEDISH LOAN.
Uoodoa, J\n\* IT.-The pros;>ectus of the Swedish
government loan of £3.000,00* was Issued here this
afternoon. Interest is at 4 per cent until 1918. after
whi'-h the r«it<? will be 3» v per ceni. The issue price
NOTES OF THE MINES.
A report comes from Nueva Casas Grandes,
Chihuahua. .Mexico, to the effect that the lost
Tayopa mine ha.« been found in the Guaynopa
region, on the lands of Colonel William C Greene
and th* lands he holds for his Greene Gold-Silver
cnmpanv, with an extensive federal concession
to locate any and all minerals Tradition and
legend have thrown around "T^ost Tayopa a halo
of romance, coming down from Antigua days
Part of th« story is that there is 110.000.000
worth of bullion buried there. The location of
Tayopa has been hunted for years past.
Bills of lading for two carloads of copper have
be»n received at the New York office of the
l>ouglas Copper Company. In this city. The ore
is from th*> company's mines at Fundicion.
Sonora, Mexico, and is consigned to the Nicholas
Copper Company, at Laurel Hill. Long Island.
Tie ore assay? 46 per c«nt copper. 2 1 * ounces
gold and 500 ounces silver to the ton. The gross
value of thesA two cars is about !l..t>»u.
Theodore Douglas, the president of the company,
who is at the mines, advises the New York office
that be expect? to ship copper valuing about
$100,000 a month at the present price of the
John N. Kirk, of Butte. Mont . a large stock
holder of the Botte and New York Copper Com
pany, and th" Western counsel for the company,
returned to Buite yesterday, after a conference
of the directors held at No. 30 Broad street. At
this conference it was decided to rush work upon
the mines. -It was decided to issue a statement
to the stockholders showing that the company is
free of debt and owns all its mining properties
in fee simple.
It is officially announced that preparations are
now under way to start operations in the Greene-
Cananea camp! It is expected that the company
will tie producing copper pome time next month.
IRON TRADE CONDITIONS.
'Th«» Iron Trade Review" says:
'The reduction to the price of crude hteei and a
number of finished product* has been followt-d by
.me increase in sprcifioations. but there is llttl- if
any increase In demand for any finished product,
except ated bars, for which a fail amount of con
tracting hai» been don« by manufacturers of agri
cultural implements. At a time when ]K.lltic- is
receiving much attention there is some satisfac
tion in recalling that the la*t Presidential year was
characterized by dec Wed improvement in the iron
business as well as in otiier lines, and there is
reason for hoping- that fl.*- ♦-xperienr" of l^M will
be repeated thl?= year. Following the conference
of manufactui*»rs. at which th«? reductions in steel
price* were decided upon, there has been very gen
eral misrepresentation in regard to its delibera
tion?. It can be stated positively that the meet
ms »a? entirely harmonious in arriving at the de
cisions announced, that there was no KUgKeetion of
an attempt to coerce Independent Interests which
ravored a moderate price reduction Into a con
tinuation of the old level of prices, and that the
independent interests credited the co-operative
movement with having saved the trade from de
moralization, and both producer* and consumers
from disastrous losses. Among the Important
manufacturers there baa been no criticism of th«
movement or of those who most strongly advo
cated it. Til* daily orders now being received by
the United State* Steel Corporation are in excess
of those of last, mont:.. Borne ore baa been sold
<j"-inc the week at the accent reduction, and it is
expected that buying will continue at a moderate
rate In spite of the reduction in the prices of
ore which caused Fome melters of pig iron to hope
for low, quotations, pig iron prices are well main
(Furnished by Van Schalck &. Co.. No. 7 Wall street.)
Ma. Asked, j Bid. Asked.
United Railway. 10 lOVai Cotton Duck 6 13
do incomes SI •«* do incomes — 2*
do 4s . - B BW4 fort Ily & i- fts. 60 »1
G B fcs'vT— 3's •'■ jLiirht * P pref.. — 40
Z\ -... 43-. «45tchaaCtty R^ ss.i*> io6
oUtpUt I* 40 OontTTU-t. 162 171
••r, 24 w»* . 11H '•-'■> »*nloß Tnjst .. r>«
, ZL* n% K2V Third Nat Hank. 113 —
52 lA^vejirJM.: — " i Fidelity * Dep.-1M 123
Coisol GaT - '*» I Maryland Trust.. IS f<<>
°SJ« BB _ .....vmk 105 I Nor Cent *» . . <*»* 91
COBALT PRICES IN TORONTO.
<rurcisa»d and corrected daily by Stewart & Lockwood.
' ru so. 43 Exchange Place.
Bid. A*ked. I •'■""■ Asked.
«,,-.l« *1 R° KM New Teini- *«♦.•» JMB
oSb.l Cent.'. 8S 3S | Ntplwlne 72S 7»0
; : °r^raV*" < £~' r^' "
"**l? jV'rr'r I3<a «S Red R<vk 1" II
, \r,' » M Isilver U*.... I*
Gr^en v... 10 15 Silver Queen!. 1 07 110
Kerr like' 310 38* Trethewey .... Rl S5
£sle Vipis ai 35 i Watt • » 43
: -!«r f« S« Ijl R.j-e 1- t ..-5
NEW YORK CITY BONDS.
Bid A*ked. I Rid. Asked.
41 . May 'ST, L 10» U0 13'^, liar. -«4. c. B»'.i 8»H
ii «' May" 'J7 l.KM'i — U^». Nov.. 'S4. i. f*K 8»U
IS n*:' ■»: UISS I* ••?'.•.. Nc ■ »*. r! MH «»'*
i. May -37 i.l»«. lOlHf-0.. r.. Nov.. -*B.MMi 101%
A' N-ov' •&. r. SB »is •«■: ... NOV.; M...1.H.. J.C-.
-Cwupon or resl«t*t»<l.
iii«?>rteJ t«y Clinton Gilbert. .*o. a W.i; atnat.)
H!d. Asked.) iliJ. a»h*4.
_4 t«n) V& ! Liberty 4SS 4rts
Aclt^*., •%•:;• S iS ua«oia 37a 40...
ISii 1 1 \~?"- 1 1
v--^ J - !JS i£ SS33SS k,. IS ,«
'.'"" . I47^i Nat ■ ..:.;■•■■ --■■
i '.1 t.rJit >-- •■ ->4 .» =M INyN BA .. «v,, 25*0
i.L ty i^i Y-TrW -i<nt — N V County f**<
' h ■"'•*;', S 1 '" ' iSS it* New KattaarlaMi awl ii 1;*1 ;*
' °T ii "!oT <<•> — , Nineteenth ffd. — 6«l
Co " r "^a 4/., 6<«> NUfht& Day... 210 2«5
Columbia ..-.^ 4^ _ N. rtl^err, Ns: Ifil UB
%2?t fuvel " ■ 1» » 5 '' a<;llic '-■' - V(
Masses § SSpi ■"=
' •-™ CT V* V •■ • ' -v. "so T«-n-v-thlr<J TV is -
',', r , "" <I» ''• Vnl^ V.xrh.nse 17*. I»
NEW-YORK DAILY TRIBUSE, THLRSDAI, JOWS 18, 1908.
Falling Off in Earnings 'Affect*
Two Vamlerbili Roads.
Dividends were passed yesterday by two Van
derbiit lines, the Cleveland. Cincinnati, Chicago &
8». Louis Railway Company (the Big Four) and
the I^ake Krie & "Western Railroad Company, ow
ing to a falling off in the earnings. The directors
of the Big Four declared the regular quarterly
dividend of I*4 per cent on the preferred stock,
payable on Juiy 20, but omitted the semi-annual
declaration on the common, usually made at this
Six months ago 1 per cent was declared, and
from 3902 to 1907, inclusive, 4 per cent a year was
paid. In 1901 the rate was V& per cent, and in Ml
3 per cent. The directors of the Lake Erie &. West
ern, the common stock of which has never paid
dividends, have now passed the semi-annual divi
dend on the preferred, on which 1 per cent was
paid a half-year ago. From 1904 to 1907, inclusive, 3
per cent annually was paid, and in the three pre
ceding years 4 per cent yearly. Big Four common
stock fel! from 56 to 474 on the announcement ot
the passing of the dividend, closing at the latter
figure, a net decline of 7 s , points, while, the pre
ferred lost oi, points af. B. Ingalls. chairman of
the board, said after the meeting of the directors:
The Big Four might have declared a dividend.
I think that one will be earned by the end of the
year, but considering the Ktate of business the
directors did not want to take the responsibility
of paying one just at this time. The road is in
splendid condition, and its new facilities would
make it a big money earner with any ordinary
volume of business. Its present difficulty is that
improvements have cost more than they were ex
pected to at the outset, and hence they were not
fully financed, while it turns out that they are
hardly necessary for the time being, but of course,
they will be when business picks up. The com
pany has some floating debt, but not any very
The recovery in business this summer will be.
gradual. After what we have passed through we
cannot expect to return very quickly to our for
mer conditions. There are two elements of
strength, however, which have been lacking in
previous hard times periods: one is the fact that
all our currency is sound and the other Is that
our farmers and country communities are
The omission of the. common dividend. It is eaid
by bond houses, will invalidate the bonds of the
Big Four an a saving? bank investment in this
state, unless the company shall before the end of
the year make a declaration which shall bring the
total disbursement on the common stock up to 4
per cent for the year, and perhaps 1 , even if that
action shall be taken, as under the law in this
state the first mortgage) bonds of a railroad oper
ated as part of the system of a railroad corpora
tion of thl« state are available as investments by
pavings banks provided that at no time within five
years next preceding the date of investment the,
railroad shall have failed to pay "regularly and
punctually" each year at least 4 per cent on all of
its outstanding capital stock.
TIIE NEW CURRENCY. LAW.
Many Banks Likely to Take Ad
vantage of Its Provisions.
Washington. June 17.— Th* Treasury Department
has received from the Chemical Bank of New York,
which is a temporary government depository, its
entire deposit of public funds, amounting to $1.028..
000, with the explanation that the bank does not
pay interest to depositors, and as it would be re
quired to pay interest at the rate of 1 per cent a
year under the terms of the new currency act and
the regulation of the Secretary of the Treasury,
tho officers of the bank decided not to make an
exception in favor of the government.
The American Exchange National Bank of New
York, a regular government depository, also sur
rendered an excess of $230,000 over the- amount
which the government required the bank to keep
on hand to meet disbursing officers' checks. This
amount, under the law, is not subject to interest
charge. The assumption that the action by these
banks in surrendering their deposits is? a strong
indication that they will not take advantage of the
new act authorizing the formation of national
currency associations throughout the country is
said to be in all probability erroneous, though the
Treasury officials have no definite knowledge of
what any individual bank will do in this matter.
The fact that these banks prefer not to pay in
terest on deposits can have no beating on the
wisdom of their joining a currency association.
Letters from bankers In all sections of the .coun
try are being received at the Treasury Department,
asking for the necessary blank forms and details
about the formation of currency associations, and
the interest thus displayed is regarded as con
clusive that national banks generally will take ad
vantage Of the authority conferred by the act.
Asians the inquiries submitted at tills time by a
large number of banks, principally outside the great
money centres, is one whether it would be to the
advantage of a bank to retain its government de
posit, taking into consideration the present mar
ket price of government bonds and the 1 per oeut
Interest to be charged under the new act. This
question has been answered by W. W. McCoy,
the government actuary, who rinds that a bunk
having a government dei>osit of $100,000 secured
by United States 2 per cent consols ol 1930 in a
community where money Is loaned at 5 per cent in
terest, would have at the end of the year a net
profit of $701 4- from the government deposit.
DEFENDS THE RAILROADS
/.. F. Loree Too 111 to Make Ad
dress at Rutgers.
Ne« Brunswick, N. 3., June 17.— 1*. K. ljoree,
president of the Delaware & Hudson Company, was
to have made the principal speech to-day at the
annual dinntr of the alumni association of Rut
gers College, but he was taken iil on his private
car and his speech was read by President Demar
est. In his address Mr. lx>ree protested against at
tacks on railroads
"For a number of years the railroads have been
subjected to a great, concerted attack," said Mr.
L«oree. in his address. "The skill of the employes,
the. character of the officers and the honesty of
the capitalization have alike been impugned. Back
of all stands the sinister threat to segregate from
all other forms of Investment the investment in
railroad securities; to assert over such investment
a high-handed control, assuming no responsibilities
for losses, but limiting any possible gains to a
savings bank rate, of interest. Should this effort
be successful, it is certain to degrade the em
ployes to drive out the capable officers and to
load to the refusal of investors to make new con
tributions to capital. If such an effort were,
brought about the consequences to the community
would be more far-reaching than one likes to con
lTt the commencement to-day several gifts to the
college were announced. One, of Jo.ooo. is from
John W. Herbert, class of '72. a trustee. to estab
lish a John Oliver Herbert memorial .fund.
ARIZONA SMELTING ADVANCES,
vn advance of I cents a share, to IS cent*, in
,-; :,,M,',V.l Arizona Smelting .took on the curb
::; I.'1 .'. OU , wa s attributed to the inability of the
It rt's to cover their contracts, said to amount to
SS^ti «and*han* The scarcity of the stock
«nlHtoed by the fact that the company hi In
& hands of a receiver and the officer* hive been
£v£S SS *'«& any stock certificates while he is
m^narEe II 1- ■*» ■■" that a certificate for I "'""
n-u " twenty thousand shares has been deposited
S2 a trust company. which refuse* to split th,
Ttook up into small lot,. Charles \V. Morse wa,
f.rirlv Identified with the company. The f stock
£ir£2 as hlKh as *75 a sha.e. and within th,
last month touched $1 50
NAT.ONAL GLASS COMPANY TROUBLES.
musburg June n^Alleclng .hat the National
lm " *„ , v had defaulted in the payment of
gSSSSSSi^ of bonds, the Union Trust
'" " ' , „' ...... city. made ■ demand on the re
' "" i;i ;■,.'.. United States Circuit Court to-day
for^he property of the concern, under foreclosure
for Uie prtu The National GlaM Company has
Cmv Snt, in five «**. and ha* a capital of
SoOM. Th.- Union Trust Company is trustee for
the flrst mortgage bondholders
WESTINGHOUSE CONCERN DlVlDEND
mttsburc •)"'- :; Th " dlr-cto r . of the Uniun
twitch and Signal Company, ■ We.tin«hou« con.
SI deVHared ■ dividend of 3 per cent on *> th
rjSSSSS common .took- at a astti-aj her.
WHY MORGAN OFFER IS RESTRICTED.
Erie Bond Coupons Lose Prior lien Quality
After June 30.
The restriction to a date not later than June SO
of the offer of J. P. Morgan 4 Co. to purchase
the July 1 interest coupons on the prior lien and
general lien bonds of the Erie Railroad Company
is explained, It was learned yesterday, by article 4.
section 1, of the indenture of the first consolidated
mortgage, under which the- prior lien and general
lien bonds were issued. This article reads:
Neither any coupon belonging to any bond here
by secured nor any interest obligations in respect
of any registered bond which in any way on or
after maturity shall he transferred or piertg'-i
separate and apart from its bond shall be entltiea
to any benefit of or from this indenture except
after the prior full payment of the principal or
all bonds issued thereunder and of all coupons
and interest obligations not so transferred ana
Coupons, therefore, transferred tip to the close
of business on June 30 retain their . prior lien
quality, which does not attach to those transferred
after that date. At the office, of J. P. Morgan A Co.
it was said yesterday that the object of the arrange
ment under which that firm would buy the coupons
was simply to enable the railroad company to use
In completing improvements under way the con
siderable sum which otherwise must have been
devoted to payment of the July 1 interest on the
two classes of bonds named, and that the Erie
had on hand ample funds with which to meet all
coupons presented for payment on and after July
1 by bondholder* who might prefer not to sell their
coupons to the banking firm.
JULY COTTON ADVANCES BRISKLY.
Shorts Fly to Cover and Rumor of Bull Deal
The feature of the local cotton market yesterday
was the sharp advance In the price of th« July
option, which Jumped from 10.33 cents, the low point
of the day. made soon after the opening, to 10. <o
cents, a gain of 42 points, or *2 10 a bale. The ad
vance in this month was due to brisk short cov
ering and gave rise to rumors that the much her
alded bull deal In that option had begun.
The Interests behind the movement. It was Raid.
Included Frank Ilayne, who has be«n conducting a
bull campaign in July at New Orleans. One of the
stories that was put out while the upturn was going
on was that Hayne was on his way hero to
take charge of the bull campaign In this market,
and although this was later denied, it served its
purpose in lifting pric«s. The. July long interests
appeared to be adding August and September t
the-ir lines, and'those options also advanced sharp
ly, the former from 10.16 cents to 10.45 cents, and
September from 9.85 cents to 10.04 cents. July closed
at 10.62 cents, August at 10.35 cents, and September
at 9.9S cents.
MILWAUKEE TEST OF EIGHT-HOUR LAW.
Milwaukee, June 17.— The Chicago. Milwaukee &
St. Paul Railroad Company was fined $1,000 and
costs here to-day. Tne action, which is a test case
of the eight-hour law and involves the working
overtime of a telegrapher at a way station, will ba
appealed to the State Supreme Court and then
taken to the United States courts.
New York. June 17. 1908.
BEEVES— Receipts were 118 cars, or *J.OtJ4 head, in
cluding: 100 cars direct to slaughterer* and 18 for the
market, making, -with the stale stock. *> car* on sal*,
of which 14 cars were, at. Jersey City and 6 at 60th street.
Steers were in very light supply and all grades steady;
prime and choice beeves, dry fed. firm: goo.l to choice
bulls steady; common and medium (trass fed do. 15c
lower; thin cows, steady; medium to choice cows slow, at
a decline of 104?25c. Two cars of "Western rows un
sold. Fair to prime native steer* sold at $5 tX>gs7 35 per
100 IT.; no real choice beeves offered: a few stags at $4 60
314 60; bull", at S3 6<>g > $5 30; 1 choice, stable fed bull, at
$6 30; common to choice. cows, at $2 2.'4: jr. ,V> Dressed
beef steady; choice, grades firm: ordinary to prime native
fides selling at 104©12 c per Ib; a little choice beef at
12Vic. No later cables from I/ondon or Ijlverpool. Ship
ments from this port to-day were 2.732 quarters of beef.
To-morrow the Cedrlo, to Liverpool, will take out 1.850
quarters of beef for the Swift Beef Company and 604
quarters for the Morris Beef Company.
Bains — McPherson & Co.: 20 stable fed Maryland steers,
1187 Ib average, at $7 35 per 100 lt>: 1» Pennsylvania do.
1118 Ib at $7 20; 22 Ohio steers. 1145 It), at $6 S5: 2<> do.
1202 Ib at ?«<VS: 9 Kentucky do. »88 Ib. at $5 SO; 1 stable
fed Pennsylvania bull. 1470 Tb, at $« 30; 12 distillery fed
Kentucky do 1304 Ib. at $5 30: 2 bulls. 1615 Tb. at $4 3S;
4 do 1250 Ib. at $4 25: 7 do. 897 Tb. at *3 85; 5 do. 80».<
Ib at $3 75; 1 do. 630 rb. at $3 50; 1 cow, 1140 Ib. at
$660; 8 do. 1030 Ib, at $5: 14 do. 007 Ib. at $4 70; 12
do 847 Tb at $4 50; 5 do, 910 Tb. at $4 40: 2 do, 810 Tb.
at's3 7S: 13 do. 804 tb. at S3 «0; 7 do. S2h n>. at $3 2.1;
2 do. 830 rt>. at $3: 11 do. «82 Tb. at $2 86, 7 do, 717
rt> at $2 75: 2 do 690 It), at $2 50.
S. Judd & Co.: 1 bull. 1150 Ib. at $4; 1 do. 780 Tb. at
$3 60; 3 do. 643 Tb. at S3 60. 1 cow, 900 Hi. at $2 60; 1
do. 820 Tb at $2 SO.
S. Sanders: 1 bull. 800 Tb. at $4 25: 3 do. »43 Tb. at
$4- 1 do. 1140 Ib at S3 60; 22 cows. 1087 Ib. at $4 80: 21
do. 1024 It) at $4 80; » do, 977 IT), at $4 40: 8 <Vo. 1036
It), at $4 10; 6 do. 860 Ib, at 12 70: S do. 800 Ib. at $2 50.
J. G. Curtis & Son: 1 bull, 1860 rb. at $4 35; 4 do.
11«2 rb, at $4 25: 3 do. BKB n>, at $4; 2 stags. 1715 rb.
at »4 60; 1 do. 1170 rb at $4 GO; 3 cows. 1093 Ib. at $4 75:
1 do. 1270 It». at $4 3.'; 2 do, 840 Ib. at $4 25; 1 do. »80
Ib at $4 15: 1 do. 830 IT>. at $4 10: 12 do, 6T.3 Ib, at $4:
4 do. 837 Ib, a: $3 50: 1 do. 800 rb. at $3 4O; 4 do. 805
Ib at $3 25; 2 do 713 Ib. at $3: 1 do. 630 IT), at $2 75:
8 do 775 rb. at $1' 60; 4 do, 6*2 tb. at $2 40; 3 do. 67-'
IT), at $3 SB
John I;ucey: 1 cow, SSO Ib. at $4: 1 do, 800 Ib, at $3 25;
1 do. •>*) ib, at $2 75.
.Telliffe, Wright 4 Co.: 4 bull*. 1107 Ib. at $4 30: 1 do.
1070 Ib. at $4 20; 1 do, fcSO Ib. at $4. 5 do, 788 Ib. at
J. P. Nelson: 18 bulls. 817 Ib. at $4: 12 do. 651 Ib. at
$3 75; 2 cows. 810 Ib. at $4 25; 1 do. 710 Ib, at $3 25; 1
do. 610 Ib. at 50; 10 do. 572 Ib, at $2 25.
Andrew Mullen: 2 cows, 850 It., at $S 30, 1 So, 680 Ib.
a; $2 50.
MILCH COVTK — Receipts were 106 head, including 60
for suburban dealers and 46 for the market Milkers
were In fair demand an-i all grades steady The offer
ings were sold out. Common to choice milkers, calf In
cluded. *old At S2T>#stß> per bead.
Sales — J O. Curtis tc ."on: IS cows and calves at $30©
$57 50 per head".
A. McCuba: 10 cows nnd calv»s at $35fc$«f»
louts Hellbrunn: 14 rows and calves at $:!.">irsr..'
11. H. Holllr: 3 cows and calves at $30®$4C.
B. Judd & Co.- 1 cow and calf for S3O.
CALVKS — Receipt* were 4.422 head. Including 1.232
direct to butchers and B. IPO for the market, making,
with previous arrivals, 3.590 on sale, of which 2.K14 at
BOth street and Ma> at Jersey City. Veals were les3 active
and steady to 15c lower; buttermilks 60c lower. Tha
pens were cleared. Common to choice veals sold at $3 60
*$S per 100 Ib: culls and "throw outs" at S4S«S. butter
milks at (4 s<«i>*.V Dresse<T calves lower, city dre«tse<l
veals selling at mjigH'c per Ib: dre*»e<j buttermilks at
7<3«*4<-; country dressed veal* at 7®lot»c.
Sales — & L B. IMllenbauk : 170 veals. 151 ib
average, at $8 per 100 lb; Mi do. 139 Ib. at $7 874; 71
do. 124 Ib. at $7 61"*; 268 do. 123 Ib. at $7 50; 106 do.
132 lb. at $7 23; 64 do. 109 lb. at $8; 8 "throw outs." 150
Ib, at $5 50: 6 do. 130 ]b. at $5; 51 buttermilks. 125 lb.
a i $4 7.'.
H. H. Holllr: A veals, 140 lb. at $8. 6 do. 163 Ib. at
»7 75: 76 do. 154 lb. at *7 ?.<■>; 1 do. 124 lb. at *7 25: 1 do,
104 Ib. at $6: 3 do, 170 lb, at -*.'.. 0 buttermilks. 156 lb.
at *4 50.
Jelliffe. Wright * Co • 68 veals. 157 Il>. at $8 25; 130
do, 147 lb. at $7 75; 300 do. 148 lb. at $7 60; 187 do. 137
lb. at $7 37H: 39 "throw outs." 151 lb. at $5.
.1 G. Curtis * Bon: 34 veals. 155 lb, at $8 2.'.; 44 do.
145 Ib. at $8: 440 do. 146 lb. at $7 75: 87 do. 136 lb. at
$7 60: 4 do. 126 lb. at 17: 3 do. 137 Ib. at 60: 36 do,
115 lb. at $6: 8 do. 134 lb. at $5.
W R Hume: IK veal*. 14« ID. at $8 25; 86 do. 14ft Tb.
at $7 75: 1 do. 136 tt> at $7; 6 do. 106 lt>. at 18 50; 6
throwouts 112 tr> at $5.
J. V Nelson: 3 veals. 140 Ib. at $«. 33 do. 134 TT>. at
$7 50: 10 do. 130 Jb. at $7 25: 7 do, 143 TT>. at $6; 11 do,
129 TT>. at $5 50; 42 buttermilk". 161 IT., at $5.
Andrew Mullen: 12 veals. 156 Ib, at 25; 2 do. 143
JT>. at $8: 1 do, 13> tt>. at $7 60. 16 do. 139 It. at $7 37'j.
142 do. ISO Tb. at $7 25.
B. W. Otis &■ Co.: 67 veals ifiO Tb. at $8. 1 do, 160 Ib,
at $5 50
S. Judu ft Co.: 15 veals. 178 !T>. at $«: 228 do. 137 rb.
at $7 75' 55 do. 183 Ib. at $7 62 4: 71 do. 13» It\ at $7 60;
133 do, I£2 Th. at $7 50 (less $10 on lot): 3 do. 120 Ib.
at $6. .'.i mixed calves. 141 rb. at $5; 87 buttermilks,
152 rb. ai $5.
Tobln & Shannon: 176 veals 144 Tb. at $7 75; 1 Vir
ginia do. 170 Ib. at $7 75.
S. Sanders: 131 veals. 143 rb. at $7 65; 3 .1-, 120 IT.,
at $7 2T.: 2 do. «C Th. at $6 3 do, SO IT>. at $5 75.
McPr.ernon * Co.: 2 veal*. 12.". Ib. at $7 75; 4 do. 145
TTj. at $7 60; 5 do, KM IT), at $4 25.
SHEEP AXI» I.AMBS — Receipts were, 22^ cars, or
8.588 heao. Including »'•» cars for slaughterers and 14
for the market, making, with the stock carried over. Is
cars on »ale a!) at Jersey City, with th« exception of a
few head. There was an undertone of weakness In the,
sheep market but for the few offered prices were Just
about Bt*-ai!y; on light receipts lambs were active and firm;
two curs of yearlings unsold. Ordinary U> choice ithetp
sold at i:: 50-ii'sr> per HO Ib; common to prime lambs.
(5 50$ $7 25: 1 car at $7 4«. Pressed mutton lower at
I'll I" l a>- . *. little choice, muttcn at lie; «Jrr*>.-,«. lambs at
Rate* Shippers' Commission Co.: 20$ Kenturky lambs.
Of Ib nvrrairr. at $7 25 p-r IW» Ib; 242 do, 64 Tb. at ,17 25.
240 ilo, 74 IT., at $7 20; 2 Kentucky aBOOp 100 n. at
$4 60; 82 do. 112 It.. tot $4 25.
Kerns Commission LV: 340 Kentucky lamt*. 71 n» at
$7 40; 501 do, t& Ib, at $7 I2H 433 do. 7o It., at t<; 7.'.
1 Kentucky shrrp. ho rb. at $4 Co; IB do. 132 Ib, at $4;
2 Kentucky yearlings (unshorn). m rb. at *«.
Krrderlok I Krali: 'Mi Virginia lamb*. 70 rb. at $7 2S;
206 d.>, 08 Tt. tit (7 25: lt» do. 50 IT., at $3 50.
Tobtn & Shannon: 264 Kentucky lamba, 71 Ib. at $7 25:
174 do. 73 Ib, at $7 25; 241 Virginia do. «!',. IT,, at $7.
•C, Kentucky iiiiecp arul >rbrllHK«. Ml It>. at IBlft,
Jl Pb«raM Si Co.: 247 Virginia lamb., us rb, at $7 23;
B Virginia -heep. 113 tb. at $5. 8 do. 133 ID, at *3 So.
Newton ft c. ; 253 Virginia, U mm. 71 ft), at $7 25; 113
do. 7«t n . at »7 25.
HOUS — Receipt*' were :i_'- - e*ra, or t;iMl head, li.
eluding about one half >»r fur tFj* mark*) Th* frrllng
•»-v» steady. Prime iiittiluiii weljfht Htm York Scat* boss
told »l $6<.i3 V* 1"V Ib; roufftia at $.'. «5.
Hales — S. fltilTS « stale lioK >. lti'J Ib average, at $(Jl»3
per !W IT.. 1 rough. .''-7l> ft. at $5 ■>"
TN PURSUANCE OF <N ORDER OF HON. ABNIOR C.
L Thomas, a Surrogate of the County of New Tork.
notice is hereby given to all persons having claim*
esalnst Matilda A Elder, late of th« County of New
York deceased, to present the same, with voucher*
thereof, to the. subscribers, at their place of iransac:
j n _ business, at th« office of Duer. Strong & Whltahsad.
Ma to Wall Street, in th» Borough of Manhattan, la
me City of New Tork. on or befar* tn* 12th Jay of
August next. TorY, the 30th <!sy of January. IPOi
Dared N«w Tork. the 30th «%y «f January. Ji'O"
ANNIE E. MUNN. ADALINB M. E. TETERS.
nrEF. STRONG * WHITEHEAD. Attorney* for E*
ncutrl. «s. No. «0 Wall Street. Borough of Manhat
tan. New Tork City
Southern Steel Company
The Plan and Agreement of Heorjraniiation. dated
May Isth, 190S, havtn» been approved by ail the de
positing First Mortgage Bondholders and Collateral
Trust. Note Holders. an.3 by creditors to a majority in
amount of all claims filed, proved and allowed in the.
bankruptcy proceedings, and by stockholder* to a
large amount, the Reorganization Committee. In order
that all security holders and creditors may become
parties to the said Plan of Reorganisation and receive
the benefits thereof. HAVE EXTENDED THE TIME
FOR THE MAKING OF DEPOSITS THEREUNDER
TO AND INCH DING .11 X Y IST. l&0«. AFTER
WHICH DATE FURTHER DEPOSITS Will OVT V
BE RECEIVED SUBJECT TO SUCH TERMS AND
CONDITIONS AS THE COMMITTEE MAY SEE FIT
Creditors are reminded that their claims must be
filed, proved and allowed in the bankruptcy proceed
ings prior to deposit under the Plan of Reorganization.
New York. June 15. 1808.
JAMES T. WOODWABD, Chairman:
OTTO T. BANV\RT>.
ROBERT B. TAN CORTXANDT.
WALTER T. ROSEN.
FRANKLIN Q. BROWN.
W. P. G. HARDING.
Reorganization t .-mm.it
D. G. BOISSEVAIN. Secretary. *0 Pine. Street. New
HOR.VBi.OWER. MILLER i- POTTER. Counsel.
UNITED FRUIT COMPANY
DIVIDEND NO. 36.
A quarterly dividend of r»i> per cent M the capital
stock of this Company has been declared, payable July
15. 1908. at the office of th* Treasurer, 131 Btare Street.
Boston, Ma.**., to stockholders of record at the do»« of
business June 26. 1908.
CHARLES A. HUBBARD. Treasurer.
NORFOLK * WESTERN RAIL.WAT CO.
Th* Board of Directors has declared a j>ernt-annnal
dividend of two per car. upon the eo-amon stock of the
Company, parable at the office of the- Company. Arpad^
Building. Philadelphia, Pa., on and after June IS. 190*.
to the common stockholders as registered at the cioae
of business Mar 20. 1908.
E. H. ALDEX. Secretary.
Office HOMESTAKE MINING CO..
Mills Building 15 Broad Street.
New York. Jane 15th. 180?.
DIVIDEND NO. 40.).
Dividend No. 406. of Fifty f3o> cents per share haj>
been declared, payable, at the Transfer Agency in New
Tork on the 25th in»f.
Transfer books clos«* on the 20th ins»
I/OIJNSBERY & CO.. Transfer Agents.
MERCHANTS EXCHANGE NATIONAL BANK
of the. City of New York.
June 16. 11*19
The Board of Director* have this day declared a semi
annual dividend of THREE PER CENT, free of tat.
payable on and after July 1. IPOS, until which date the
transfer books will be closed.
K. V. OAAIBIER, Cashier.
MINES COMPANY OF AMERICA.
11l Broadway, New Tork. Jure 18th. 13f«.
The- 67th regular monthly dividend of Two Per Cent
han been declared, payable on June 26th. 1308. to stock
holders of record at close, of business on June l»th, 19"*.
Transfer books close 3 P. 51. on June 18th. 190?. and re
open 10 A. M. on June. 26, 1008.
J. D. TOOKKR. Secretary.
FRANKLIN TRUST COMPANY.
Dividend No. 72.
New Tork City. June .■><!. inos.
The Board of Trustees baa this day declared a. di-.-lifend
of 2CT. upon the capital stock of thir Company, parable
July Ist. IWW. to stockholders of reccrd at ck>S9 of busi
ness June 30th. 190«
CLINTON TV. LUDLt'M. S»cretaiT-
AMERICAN TELEPHONE AND TELEGRAPH
A Dividend of Two Dollars per «hare will be paM en
Wednesday. July 15. 19Oe\. to stockholders of record st
the close of business on Tuesday, June pn. 190 a.
WM. R. DRIVKR. Treasurer.
TT'ANTFTI^. — HOME FOR TOT'NO L.ADT; CHEBRFTL.
W healthful surroundinKs; Manhattan or suburb, and
receive some instruction in primary English branches. Ad
dress, Riving lowest terms. HEAL.TH. Box 12, Tribune
Office. New York City.
For Both Sexes— <Hty.
IHE BERLITZ SCHOOL CF LANGUAGES
Madison Square (1122 Broadway.)
Harlem Branch. 843 Lenox Aye., near 12Tt« St.
Brooklyn " 73 Court St.
BUMMER 6CHOOL AT ASBURT PARK. N. 3.
Teachers seDt to all places wllUn hundred mliea.
RYE SEMINARY For .K^ 1 *™
Mrs. B. J. LIFE. The Misses STOWE. Rye. New Tor*.
For Both Sexes— Country.
On Seneca Lake, near "Watltlns. Opened Sept. 1.
Boarding school for both sexes Prepares for best col
leges. Eleven teachers; specialists. Courses In art.
M. SUMMERBELL. Pres.. Lakemor.t X T
For Young Ladies— Country.
The Tacouic School ior Girls. £««• b f* uti t f !^
Berkshire Hills. Separate home for younger girls.
Thorough college preparatory and special courses.
Coif. tennis basket-ball. boating. MISS LILIAN
DIXON. A. B cWVllesley and Bryn Mawr>. MIBP
BERTHA BAILEY. B. S. itVellosley >. LakevlUe. Conn.
mHB FRANCES GILMAN SCHOOL, KOR GIRLS.— Open
_L entire year. 4» Lake St.. White Plalca.
AMERICAN AND rOREIGS TEACHER.*' AGENCt
supplies Professor". Teachers. Tutors. Govarnease*. et<i
to Colleges, School and Families Apply to
Mrs at J TOITNO-FT.7I.TOX. 23 Union Scjuar*
M'MAHON. WUUAII.-IHB PEOPI-E OF THEJ
State of New York, by the grace of God. free ana
independent.— To Mary McMahon. Margaret VVhitma. U ,
George Harrington. Julia Mclvers. Arthur EaKland.
Robert En-land. George England. Margaret Bennett.
Blanche McMahon, Dorothy McMahob. Marie McMai-on.
Hubert Howard Charles McMahon. Charles England.
Charlotte F. Somya. Mary Ellen Cummlngs. William J.
McMahon. Mabel E. Bloodgood. John Morrow. Grovor
Williams Mary Crawford. Edward Williams. Samuel
Williams. William Williams. James Morrow. New Tor*
Finance Company. Mary E. Morrow, and to all persons
Interested lr. th« Estate of William McMahon. late of !lk«
County of New York, deceased, a* creditors, legatees,
next of kin or otherwise, send greeting: ,«_, llr «i
You and each of JO" are hereby cited and required
personally to be and appear before our aurrogate o. the
County of New York, at th. surrogate* Court of said
County held at the Hall of Records tn the County •<
New York on the 7th day of July MM M half-past ten
o'clock In the forenoon of that day. then and there M
attend a judicial settlement of the account of rroceedtns*
of Mary McMahon. John Mulligan and s=ellgraan Man ;
heimer. as trustee* of the principal and !ri<:on:e fu^da °-
the. trusts created in and by the last Win and Testa
ment of said deceased, and such of you as are hereby
Sfed as are under the age of twenty-one years, are
Squired to appear by your guardian, if you have on.
or if fM have none, to appear and apply for «>•*■ re.
annolnted o- In the event of y.nir n**iec» or failnre ' ■
iW 1 -ill be appointed ty to. S^«w to
reorasert and act for you ir the proreeding. se a , of
represent ana a , w caused ttM B—i -'
In Teatimon^^w nj-re^. Crt of the «.U t«nt) of
ILg , New York to be hereunto affixed. Witness.
1 Hoc. Abne- C Thomas, a Surrogata of our Mid
<-nuntv at the County of New York, the 18th day of May.
fn the yVar of vZtlmi* one thousand nine hundred an<J
•*»**• DANIEL. J. DOWDNET.
Clerk of the Surrogate*' Court.
WETUEJIHORN * UNK, Attorney* for Trustees. 143
Broadway. N. Y. City. >
m-HT- PEOKJK OF THE STATE OF NEW YORK. BY
T^Tlie traiTcf God free and Independent, to Mary E.
■MM? Ge^rgtenna Crorrut. J. Parkinan Crosby. Ellen
English. FtoST Vm« Mary Warren. John Warren.
»i^m«' Mu-zv Harriet Stevens. Nellie Crosby Left*:.
Homer HIM ™°£" D. t Hlne. Bertha Mmiltfarap Flack.
PSlEfif Homers Elirafth Sanlord. Henry Moulthrop.
Su'.un Moultnrop ".If Moulthrop. Bradley Croffut.
KEf Kroia Mary Wilson, Ban* Augur. Emily Amur.
mL™ Gilbert. Maria Barne.. Ellen Phsips. Clara M.
T,?Mle Howard Ivea Myra I- Matthew.. Brid *t Crt»«.
v^llv May Hme. Kliia C. Wllkins. Lilly Warren. ElUa
i^nT Watson. Marraretta W. Cronby. Thoma. D.
?^ut Chari« T Croffut. Frederick W. CroSut. Lewis
p CY^fS The Proprietors of th« New Haven City
Burial Ground Brooklyn Treat Company. Carolln* LouU*
r. If 1-rederU-k M l>r*w. John W. l>rew. ChMrlM W.
MorTiV irChirlM W MorrU. Jr.. Edward E. MorrUand
7n.«rl-i W Hint and la nil |HIW lnt«re»t«d In the
i.tlte or MairilttU B. Warr«n. late at the City of New
v rk deceas^J ST creditor.. lesalee*. next of kin or
athanrlM send Bree-Jn*: You and each of you ar*
hereby clt«J and required er»oi-.ally to b- ami appear b^
r ,r mil SurroiT^te of the County of New York, at tn««
Lun Bute.' Court of »ald County held at the Hall of
r"-;.^- in the County •« Km York, on the MM d»y of
June IW* »t halt I'" 1 ten "' v " •"■ in th« forenoon of
,. '.i... then and thru- to attend a Judicial settlement of
VXI account «f j.rocc*Jlxi«» of Nathan H. Tuttle. «•
czeruti i under th*- laJt Will and Testament of Marrar»tfa
11 Warren deceased; and such of you aa are. hereby cited.
ua are under the a^e of twenty-one years, are required to
nut-ear by your guirdUn, 1; you Iwvn •■*. ■ If you * % *
none to ai»t*«r and apply fur one to >»• appointed, or HI
th» IxflK^ or failure to do so. a guardian will be a»; -
iKilnted by the Surruffat" to represent and act for you In
the i.roceedlng. In testimony m hereof, we have cau««.l
the seal of the Surrocate.- Court of the said County of
v,,. York to be hereunto affixed. Witness. Hon. Abner
C Thomas, a Surrogate of our «ald county, at
II < 1 the County of N«w York. the sth nay of May.
in ib» year if our !..r^ on" thousand nina
hundred and eight. DANIEL J. DOWDNEY.
Cl»rk of m Surrogates" Court.
rn\v TV llWf>T* Attorney fr,r Executor. Davidacn
' Bl<sg . 4*-4» Lawton Street. \>w Rocn«ll». N. Y.
A DVERTISFJJIENT3 MM liiiiijailMi »am » Tijiass '
J\. ree-lv#d »t their Vrto»n Office, No. IM* Broa-w*\, ,
between Ma as 4 37th its. B«tl| 0 o'clock p- *• -****. I
tiaaments r«c«lv--l a' tie following braa<*J» «KJi <*t ,
regular offlce. rat-» ur.'H « ©'clock P »riijJ»; l J gf-SJ t
avV. .. c f>r. 23(5 st : 133 «th ay- . c-r Utb »t. , 0- ?i*»t j
lslh' tt . »T West «M st. between .th *af Btt a.ea.
NOTICE OF A SPECIAL MEETING
THE DENVER AND RIO I.RV'PF
Denver. Colorado. June> 11. *>»■
To the Stockholders of
The Dearer and Rio <.rnnd- Railroad Company:
Notice- la Hereby given that a special n-»- ~z «f ta*
stockholders of TUB DENVER AND RIO GRAND?;
RAILROAD COMPANY wilt be he'd at the rrir-cijal
office of th« Cbmpacy. Room SCI. Equitable t*UJanm. at
Denver. Colorado, upon Thursday, th« Sid day of July.
IPBB, at two o'clock P. M.. for th« purpose of con«i<J»rire
and voting upon a proposition for th* conaolldaticnei
The Denver and Rio Crand* Railroad Company and Th-
Rio Grand© Western Railway Company aM rh'ir capital
stocks. railroad", franchises and other properties sad fc»
terests under the law* of the State of Colorado and in*
laws of the State of ITtab. thereby uniting the propertlej
and concert's of said two companies in on* organisation,
and. by Joining said two corporations together, creating a
new consolidated corporation which will be dlstliwrt from
said constituent corporations and from earn t!J*re<if: and
for the purpose of considering, and votina for th« adoption
or rejection of. an agrees, ••-■.- consolidation maw
In writing by the directors of both of saM companies ai»»i
date of June »th. 190". and by them to be> submittaa «a
writing to mil meeting, which sets forth th* t-rms. man
ner and effect of such proponed mosolldatlon; also V
the purpose of considering and Tottn* upon any auhsti
tuted or mortified proposition and agreement for such rrrr.
soltfiatlou which at the Mm- of said meeting mar o« duly
submitted thereto I » writing by th<» directors of both of
th« said coapanlM which It is proposed mr > to rossoU'-a.?e.
and far the pen*** of takt-s- any .awful action <.-. r*a-
Uaa to such proposed consolidation, or incidental tlwislj^
as may by the stockholders at such meeting be, waaMS
necessary or desirable.
The transfer books for th» transfer of stock of the errr
m will -lode with the close of buntn»«i or Monday. J"n*
22d ssT of Jane-, IPOS, and reopen M fk* «»T s«cc«a«B«J
the day of final a<l>iurnnient of said special masting- c.
stockholders not earlier than Ike SMI day of July, W-
By order «f the Beard of Dlr»ctnr«.
THE DENVER AND RIO GRANDE
E. T JKKr-rTRT. Tl sH»a».
STEPHEN' UTTLE. Secretary.
The Best of Everythtnsr at th* Pest Time."
• There 3 , dc- I Yellowstone
lijrhtiul sense _ -
of security -T^rK
and comfort . . ,
while travel- AlaSKa
ing: with Ray Canadian !
comb that Rockies
makes rh •- _________
trip peculiar 1 £.urope. etc.
to itself Lurope, etc.
40 SHORTER TOURS
Through New York, New England, and Cinai*.
Raymond & Whitcomb Co.
225 Fifth Aye., bet. 26th & 27th Sts.
Tel. 6270 Mad. Sq. NEW YORK
WRITE FOR BOOKLET
ONE LOW RATE COVERS ALL EXPENSES.
Railroad and Steamer Fare, Hotel Board. etc.
1000 ISLANDS 4 Days .. . . Only *J"-2i
NIAGARA FALLS 3 - " .... 1..0J
ATLANTIC CITT 8 " " W-*J
MONTREAL and LAKES.. T " *J-0°
VACATION TRIPS-JULY AND AUGUST
White Mountains. Montreal anJ Lakes, No-ra Scotia.
Old South Country. Saguenay River, the. Prcmacna. GS.
Lakes and Tellowstone Park.
Free -Descriptive Itineraries)." writ*
T. H. MENDRICKSON TOURS
843 Fulton St.. Brooklyn. V T.
West Point. Newburgh and Poughkeepsie-
Dally (except Sunday* by Palace Iron Day Line Steam
ers. Leave B'klyn. Fulron St. iby Annex*. 9. De»!?ros««"
81 , R:4O- W. 42d St.. 9 "W. 13>th m . 9:2T> A. M. Re
turntnr on dorm boat due 42<i >t . 5:30 P. M
MORNING AND AFTERNOON CONCERTS.
DELIGHTFUL AFTERNOON EXCURSION TO
STEAMER MARY POWELL.
Leavrne Desbrosses St. 1:45. W. 423 M. 2:00. "W. I^»S
St. 2:20 P. M. Arriving West Point SP. M Choic» mtm
buvlng ticket of return by any West Shore or >•- T
central train, or Cent. Hud. Mr., $1.10. Ample time to
see Parade. Public BuiMin^s. * . Orches«tra.
IMb Excursion Made Daily. Except day.
SPECIAL TRIPS. ALL EXPENSES INCLUDED.
Niagara Falls 3 day* ■ *"•]£
Atlantic City •* <*»•• • • U-2
Thousand Inlands 3 days . 50.M
Thousand InlaniN and Rapid.*. Mont
real and Lake* « day» . . . 33.M
TRAVEL TICKETS EVERYWHERE.
BT ALL ROUTES
THOS.COOK & SON,
Mi 1200 BROADWAY. 849 MADISON A.YE..
563 FIFTH AYE.. NEW TORK.
STEAMBOATS A>'l> BAKGE.H
to all PLEASURE RESORTS on
° LONG ISLAND sorvVT
aod nt'DSON KIVEK.
Magnificent Saloon Steamer* "Glen" an.l
"Richmond." each 1.200 capacity. "Sea Gull."
800 capacity. Barges of all sizes.
Sunday Schools a Specialty.
OFFICES: CORTLAXDT ST. PIERS. N. T.
'Phone. 1298 Cortlandt.
RED BANK LI3VE.
Leaves Franklin St. Pier 24. S. R.. dally. » A. M.. »
P.M.- Sundays. » A. M. only for Highlands. Red EM,
etc Etc. BOc. Trolley to Long Bra-:cs. Aabury Par*.
I»OROLGH car THE BRONX. S. i P. O—ADVER
> tlsement for Site. —Treasury Department. Office of
the -secretary. Washington. V. C. June -.. IS»j>s.—Pro
oosali will be received to be opened at 2 o'clock p. m.
July 1 100* for the sale to the United States of suitab!*
land centrally and conveniently located for the site for th»
Office M be erected In the Borough of '.'•• Bronx. X*-»
York A block containing not I'M than **<»!•> »qcar« feet
area ' surrounded on all sides by streets, is preferred. If a
corner lot i* submitted it should be approximately iV»
•»7<y Bach proposal must r« accompanied by a diagram
indicating the prti.npai street, the north point, the. di
rre'sto-- an ; grade, of the iand. the width, and p»vli«
of adjacent streets and alley*, whether the alley* mx»
T.ubll'- or private, and whether or not tha city o*m l»n<!
or^urted by aWawafta Th - '.-.-;-•-.- pay all m
pen»e« connecred »v:. furalshlns evidence* of tlti« aad
A»*a* of conveyance. Improvement* m the property issj!
I,, ™e><-r-«d by the vendnr: but pendteJC th. M-aisw«
_,„■ of tn- Federal bulWing they may remain oa ?S»
lard upon payment of a reasonable ground rent. T:*
*-antor rnu«t however, remove a!', imp:" «rr.enta en
tVrty days" notl.e ac M do. The right to r-j*-r a=y
proposal "i» reserved Ka-r. proposal must be i— l;rl.
Tt.'«rk«l' "PrnrnMl tor P»»t-O«rlc« sit* at Borougi of thm
Bronx New York." and mailed to the SECRKTART OF
TJli: "TREK. ( RT fi-trp»rvistn«; Arcfcttect*. Washi=£T«\
T> C No special form of pror^sal Ist required or pro-
Tldedl GEa B. CORTELYOU. Secretary.
C-<E.\LEr> PROI"OSALS. IN DUPLICATE* WILL BB
ft received at the Office, of th« Quartermaster O«B>
eral C 8 Army, until 2 p. m . June 20. t»0>». at which
time and place they win be opened. In the presence
o* biJders for the construction and complete equip
ment of' from 1 M 40 tairty-two ■32 > foot J»oo-:»a
junction box launches for submarine mtn. s#rvto» o.
the War Department. In accordance with conditions,
ipeciflcatlon. and drawings which can be obtained by
application to the Quartermaster General. C. S. Array.
■vvishlngion. D. C. Proposal, to J>e marked: "Pro
po«als for Junction Box Launches
Ovmrv: «;r-pERIVTENDBNT I*. 3. CAPITOL BUltrv-
JIM and Urotinds Washington. D. C. Jun. 12. 19M.
healed proposal* (in duplicate) will be received and pub
licly opened at the above oßo> at 12 o'cioeb noon.
uvin«Jai- July 9. I***- for mm* for th< * ° rlc * roonw
in aTSnc- bSw»b» r. a senate, Ua.Hf.lr.Kt.,:. d. c
VH rur* miut t~ of Joiuestic manufacture anJ wUI b*
required for delivery on or before Swmta 25. 1&U».
vnevmcatlnn* and st-heCulen may be obtained upon aj>
tl^atlon to th- «bore offlre. FJ.LJOTT WOOUB. Su
tertntenJent. V. ■ «apltol Building ana UrounJ*.
Owncm Or the COMMISSIONERS. P. C. WASH
VJ Insrton Jun-? 15, ISHH — H#»le.l proposals will
•■«. received at this offlc* until 13 o'clock, noon. Turs-
US June 30. I** '- laylnc «>-n»r.t MJ*«aH !n th-
District of ColumbU. Blank forma of proposals "- 'l
■•^•eUlcations to«<-th*r with all n#»:e*»arT information.
Sly b« obtain* at Ktxjtn 4S. Distrirt BulMlnn.
MENRV U. F AIACPARI.ANT*. TIENKT U WEST.
I JAY J. MORROW Cumml«U'!i<T!i. I>. C.
GENERAL DE^OT. Q SI. I'CKT. ItITCRSa^
, vtlle. I--. June '2. l'.vS. — i*aJ<?»! [.roposuls. in tn;>ll
' rat« »ndor»*a on cover "Proposal* for Q. M. Suppll<?«.*
■ «nd *addre»s«a to undfrslirned. will be r«viv»l h*r« bbbMH
I o'clock a. m. '_ ..- .. lWJit. for Wagon Parts. Iron. Rang*
Parts. Kitchen L'tennUs. Stationery. -n.l Mis«.«il*n»<>us
! Supplies r»<run"rt for Manila. V. I . a* f»r 90*>«auU.
which will t>« (umU!l»ii on application to thl» Depot and
j H [>*[»■!!» at Hit 1 rk. an.l san Francisco. Prrf-r-m*
t given to article* of domestic pr»!uctlon or manufacturv
1 Th» rI«M 1» T«»«rvM to M}sc| or ac«-^pt any or »U bid*
lor aay part thereof. Further Information furnish*! as
application. nE-OTliiT. RI'KtJXN. A»»u Qr. Mr. —
■ a!. V. S. Army. Drpot Q. M.
rK°PO3AI-3 IN IVCFUCATE WILL BH R^-
StALBT TF-^O.-AT.? .N WPU'-AT», t'*' 4 *. *r.4 ts»t»
... -;.. r m ' ■
ep«B94. tn ?v*r?!fhlrt« and refilira*. •» r«<;n!r#Kl. «pprsxi
mater" ?A> ■llf!nfw»t'W ma.- "■- me» •* th» V. 3 T*r:ri!jT»
tt?»l ■•»»>->" Ellis lilkr.d. N. T. H. Tmr**rt»tmr» as «•
<"»»4Uton» arvl Hral'*t!no» nag n* obtained fro:lEf ro:1E ROun\T