Perth Amboy evening news. [volume], July 01, 1903, SECOND EDITION, Image 1

About Perth Amboy evening news. [volume] (Perth Amboy, N.J.) 1903-1959

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PERTH AMBOY EVENING NEWS.
I '
VOL. II NO. 283 PERTH AMBOY. N. .1.. WEDNESDAY, JULY 1, 1903. SECOND EDITION
TEMPORARY OFFICE
93 Smith St., Perth Amboy, N.J.
Statement of Condition .
At Close of Business, June 30t3if 1903
Condensed from Report Made to the Commissioner of Banking
and Insurance of the State of New Jersey.
RESOURCES.
Stocks and Bonds - $ 64.000.00
Mortgages 50,7fl0 00
Loans, Demand and Time, - - - 235,700 00
Bills Purchased 101,107.18
Real Estate 5,000.00
Furniture and Fixtures - - - 3,373. 1 1
Accrued Interest ... - 2,01934
Cash on Hand and in Banks - 109.348.51
1571.248.14
LIABILITIES.
Capital 100,000.00
Surplus 50,000.00
Undivided Profits - - - 3,408.07
Deposits - 416.840.07
Reserve for Taxes - - 1,000.00
$571,248.14
This Companyjransacts a General Banking Business and is a
Legal Depository "" cTj t'?" City Funds
INTEREST PMD ON REfiULIR CNECK ACCOUNTS
At Following Rites:
2 per cent aH? $100
3 per cent Balances v, $1000
Interest Bearing Certificates of Deposit, issued payable on de
mand or on fixed dates. These draw Interest from day of
issue until day of payment at Special Rates.
Foreign Drafts and Letters of Credit issued on all parts of the
World.
Checks may be certified and made payable in New York Funds
when required.
ON BOND AND MORTGAGE and
upon APPROVED COLLATERAL
and over
and over
Money
Loaned
This Company takes entire charge of Real Estate and
Personal Property and acts as Trustee, Transfer agent, Regis
trar and Fiscal Agent for Corporations, and as Administrator,
Guardian and Trustee for Individuals.
Safe Deposit Boxes for Rent in our Fire and Burglar-prjof
Vault at very Reasonable Prices.
SPECIAL ACCOUNTS
.This Company receives Special Deposits from $1.00 up,
on which interest is allowed at the rate of Three per cent per
annum. The Capital and Surplus of
r
and the conservative Directorate of this Company affords ample
SECURITY TO DEPOSITORS
DIRECTORS:
GARRET BROADHEAD, City Treasurer and Terminal Agent,
Lehigh Valley Railroad, Perth Amboy, N. J.
EVERETT L. BROWN, Real Estate, Perth Amboy, N. J.
JOSEPH E. CHAPMAN, Capitalist, Perth Amboy, N. J.
Hon. DANIEL C. CHASE, Terminal Agent, Pennsylvania Railroad
Co., South Amboy, N. j.
WILLIAM A. CONNER, General Manager, Standard Underground
Cable Co., Pittsburg, Pa., and Perth Amboy, N. J.
MILTON A. EDGAR, President Edgar Bros. & Co., Miners and
Manufacturers, Perth Amboy, N. J. >
ADAM ECKERT, Schantz & Eckert, Perth Amboy, N. J.
OSCAR L. GUBELMAN, Secretary and Treasurer Commercial
Trust Co., Jersey City, N. J.
CHARLES C. HOMMANN, Lawyer, Perth Amboy, N. J.
HENRY M. KEASBEY, Vice-President National Fire-Proofing Co.,
New York.
EDWARD M. KELLY, Kelly & ^IcAlinden, Perth Amboy, N. J.
? WILLIAM H. McCORMICK, Merchant, Perth Amboy, N. J.
JAMES C. McCOY, General Manager Raritan Copper Works, Perth
Amboy, N. J.
HENRY A. MAURER, Henry Maurer & Son, Maurer, N. J.
GEORGE P. PUTMAN, Treasurer Perth Amboy Terra Cotta Co.,
Perth Amboy, N. J .
GEORGE L. RECORD, Corporation Counsel, Jersey City, N. J.
ROBERT S. ROSS, Vice-President Commercial .Trust Co., Jersey
City. N. J.
WALTER THOMPSON, General Manager Raritan I)r^ Dock Co.,
Perth Amboy, N. J.
DE WITT VAN BUSKIRK, Treasurer Mechanic's Trust Co.,
Bayonne, N. J.
ARTHUR L. WALKER, General Manager Americam Smelting and
Refining Co., Perth Amboy, N. J.
GEORGE W. YOUNG. President United States Mortgage and Trust
Co., New York.
OFFICERS :
C. McCOY. ........ President
... A. CONNER, Vice-President
R. S. ROSS, - Vice-President
S. R1DDLESTORFER, - - - Secretary and Treasure,
The facilities afforded by this Company for prompt and efficient
handling of accounts of Banks, Bankers Corporations, Firms and Indi
viduals are unexcelled, and we aye prepared to extend to our depositors
every accommodation consistent .with conservative banking and a
liberal policy of management. (
This company commencnd business Oct. 15th, 1902.
27 ENTRIES
FOR THE RACE.
Contest on the Bay Fourth of
July Promises to be an In
teresting Event.
STARTS A TT O'CLOCK.
The motor boat race under the aus
picos of the Raritau Yacht Olnb has
attracted considerable attention in
the city and a large entry list is in
tho hands of Commodore Garret Evans.
Owing to the difference of the various
boats in size and horse power, the
race is necessarily a handicap affair,
and the measuring will be done accord
ing to official rules.
The entries must be in by tonight,
and the entrance fee, 50 cents, must
be paid by each contestant before the
start of the race at 1 o'clock on Satur
day. The boats must be at the float
in front of the club house at that hour
precisely. This is because of two
reasons: instructions aro to be given
and to have the contest over in time
for the baseball game.
The boats will traverse the yacht
club course of 10 miles. Tho judge is
Mayor Seaman, and the referees are
Conrad F. Hall, Nathaniel Pierce,
and another yet to be named.
The entries so far number twenty
seven, and foui^ or five moie are ox
pected before the list closes. The
prizes have not been decided upon as
yet. The entry list is as follows:
Mazie, Schantz & Eckert; Three
Brothers, Kress Bros. ; Wilhelm, W.
P. Hartman ; Ki Ki, W. Chambers, of
Tottenville; Web, G. V. Evans; Ruth,
Capt. W. W. Sofleld ; Go Do, T. John
son ; Kismet, W. A. Belcher ; Pasttime,
J. Hanson; Anna, W. Achenbersr;
Fly, J. Whitworth : Launch, W. B.
Pratt: Launch, G. Hardy; Katie B. ,
J. Boss, Tottenville; 20 ft., Andro
vetto Kries ; Trione, Dutton Engineer
ing Co. ; Hereshoff, Dutton Engineer
ing Co. ; Stag, C. C. Weber, Newark ;
It, W. F. Cole. Tottenville; Rac
qvette, Dr. H. M. Brace ; 18 ft. , Dr.
H. M. Brace ; 18 ft. , Dr. H. M. Braoe ;
Bessie, Keefer, Tottenville; Maggie,
M. Morgan. Tottenville; Launch, R.
O. Acker, Sewaren ; Launch, W. Bal
lard, Sewaren ; Estelle. W. B. Luck
hurst.
FOR SOUTH APPROACH
TO THE NEW BRIDGE.
, (Special to the Evening News.)
New Brunswick, July 1 At the
meeting of the Board of Freeholders
this morning among the bids opened
were four bids for the construction of
the road leadinK to the South Amboy
end of the Raritan River bridge. Rue
& Fountain of Old Bridge, bid
$14,280.26; Moran & Sutton of New
Brunswiok, bid $18,771.52, J. D. Mur
ray, of the same place, bid $14,016.86,
and Mr. Hurley, of Trenton, bid
$15,608.15. They wore referred to the
road committee and will be taken up
thero at this afternoon's session.
FOURTH OF JULY SAIL
A party of young people and their
elders have chartered tho Marianna
for the Fourth of July. It is expect
ed that they will sail down to Atlantic
Highlands on an all day trip. The
oarty numbers about thirty, most of
whom are residents of the southern
part of town.
MR. CONARD'S FUNERAL.
Tho funeral of the late L. R. Conard
will be held tomorrow from his late
residence, 89 Water street, Rev. J. L.
Lancaster, of St. Peter's church, will
ofliciato at the servico which is to be
hold at 2.30 o clock.
Take your doctor's proscription to
Sexton's Drug Store. 7-1
REDUCES TAX
RATE T0SI.77.
Great Increase in Valuations
? Warrantsla Reduction in the
Opinion of Officials.
WAS $2.40 LAST YEAR.
(Special to', the Evening News.)
New Brunswiok, Jnly 1 With thcl
increase of local valuations over [
18,000,000, the tax rate of Perth Ana
boy goes down. It was announced
here today that the rate will be $1.77
ppr |100. Last year it was $2. 40. This
is a decided decrease. In Now Bruns
wick the tax rate is increased eleven
points, being $2.66 per $100. The
county tax and State school tax aro
about five points lower this year than
last.
The county board yesterday after
noon determined the taxes to be raised
by the several townships to bo as
follows:
Stato School County
Tax. Tax.
New Brunswick.. $14, 949. 00 $62,983.00
So. Brunswick... 1,744 00 7,349.00
East Brunswick.. 1,058.00 4,456.00
No. Brunswick... 710.00 3,992.00
Cranburv 1.890.00 5,560.00
Monroe 1,180 00 4,972.00
Madison 710 57 2,995.00
Sayreville 1,731.00 7,291.00
So. Amboy 1,879 00 7.917.00
Perth Amboy 12,880 00 54,265.00
Wood bridge 4,136.00 17,425.00
Piscataway 2,589.00 10,909.00
Raritan 2,017.00 8,497.00
Dunellen 720.00 3,033.00
Helmctta 508.00 2,141.00
Jamesburg 549 00 2,311.00
Milltown 713.00 3,005.00
South River 1,045.00 4,401.00
Metuchen 1.283.00 5,406.00
Total* $61,721.67 $217,908.00
The statistics given in by the assess
ors showed that there was in the
county, property worth $3,864,961 ex
empt from taxation. Of this amount
$540,371 is for public schools, $990,700
for other school property, $1,302,890
for charitable institutions, $780,675
for publio property and $173,325 for
graveyards.
The total exempt property is as fol- 1
lows:
1903. 1902.
New Brunswick.. $2, 098, 856 $0,107,845
Sou. Brunswick.. 31,451 27,837
East Brunswick.. 26,050 26,050
No. Brunswick... 126,500 125,500
Cranbury 42,100 42,100
Munroe 218,100 218,100
Madison 41,400 42,000
Sayreville 45,360 45,350
So. Amboy 87,700 412,000
Perth Amboy 531,155 318,000
Woodbridge 266,700 266,700
Piscataway 43,400 39,350
Raritan 49,700 49,700
Dunellen 43,000 39,000
Helmetta 27,000 27,000
Jamesburg 20,200 20,200
Milltown 28,200 28,200
South River 39,600 39,600
Metuchen 89,500 83,000
Totals $3,854,1*61 $3,957,532
Huylor's mixed chocolates in half
pound and pound boxes, Sexton's Drug
Store. 7-1-1
WORK HAS STARTED.
The w?rk of building tho new club
house for the Sociable A. 0. com
menced yesterday noon by Hans
Griesen, of Paterson street, to whom
the work has been given on a snb con
tract by Axol Wixstrom. . The foun
dation, which is of brick, will be
25-60 feet. Six masons are now at
work. The work will be rushed and
the clnb member* hopo to be in their
now home by tho first of August.
F.J. LARKIN, 857 STATE Street,
will do plumbing, steam, hot water
aud hot air heating on monthly pay
ments.
FINEST TABLE BOARD
. . IN TUR CITY . .
* WORRELL'S
85.00 per week.
48 SMITH STREET.
Aprmintc Merchants, Manufacturers, Corporations
fVvbUUIIlO and Individuals Solicited -
INTEREST PAID ON ) 2 per cent, on $ 500 or over
DAILY BALANCES } 3 per cent, on $1,000 or over
Safe Deposit Boxes to Rent at Low Rates
LIBERAL . POLICY
THE FIRST NATIONAL BANK
XIO SMITH STREET, PKRTH AM BOY, N. J.
Capital | Profits | Deposits _$l,000,000
HAMILTON r.;KBAM,.I*?wiDMT EUBBYICONABP r<il?
WORK WILL
CONTINUE.
Sheriff Does not Fear the Ship,
Young America will Get
Away at Present.
OFFICIALS TALK.
Sheriff Garman left do one in charge
of the ship Young Amerioa after he
attached the hulk of that vessel, now
under course of construction in the
yards of the Perth Amboy Shipbuild
ing and Engineering Company, the
story of which proceeding was told in
yesterday's News. The Sheriff has
all confidence that the vessel will not
walk away, and in the meantime,
according to Dr. Ramsay, President
of the shipbuilding company, the work
of constructing the vessel will be con
tinued as before, no matter what pro
ceedings may take place.
U. H. Eiswald, vice president and
general manager of the school for
which the ship is being built, was in
New York yesterday when he made
the following statement in relation to
the seizure :
"Tho school has paid to the ship
builders |?5,000. It has no liabilities
and with. $300, 000 of assets has suffic
ient funds to pay for the ship when
finished. W. E. Winant was engaged
by us as architect and was discharged
on April 30. He is now endeavoring
to obtain a balance which he says is
due him, but which we dispute."
Dr. Ramsay admitted the truth of
Mr. Eiswald 's statement this morning
and refuted the statements of the
officials of the shipbuilding company
in regards to the payments.
In reply to the statement given out
bf the Newark counsel of Mr. Winant
yesterday, that a suit was also soon
to be brought against the Perth Am
boy Shipbuilding and Engineering
Company on a claim amounting to
$12,000, Dr. Ramsay just laughed and
said that he did not believe that Mr.
Winant would ever dare to carry this
suit to trial. The doctor laid bare
much of the inside history to the
News reporter which leads up to the
present proceedings and which the
doctor says will all come out at the
trial if there ever is any. Dr. Ramsay
said it is a curious fact that none of
the claims now presented were ever
heard of until Mr. Winant was dis
charged by the Nautical Preparatory
School.
The suit against the shipbuilding
Company Dr. Ramsay would not dis
cuss for the present.
Condick Brothers, of Newark, are
the New Jersey counsel for the Nau
tical Preparatory school, while Will
ard P. Voorliees, of New Brunswick,
and Judge Adrian Lyon, of this city,
are looking after the interests of the
shipbuilding company.
Ice cream, 15 cts pint, 30 cts quart,
Sexton's Drug Store. 7-1-1
HAVE ORGANIZED
CONSTRUCTION CO.
Special to the Evening News.
New Brunswick, July 1: ? Articles
of incorporation of ilie George W.
Mercor Construction Company, of <59
Gordon street, Perth Amboy, were
filed here today. They are incorpor
ated for the purpose of purchasing
land for the construction of manu
factories. Tno company is capital
ized at $75,000 with $2,000 paid in.
The incorporators are G. W. Meroer,
W. E. Tobey, Horace Crowell and
Walter Meaghor.
Take home one of Sexton's famous
ice croam boxes, 15 cts pint, 80 ots
quart. 7-1-1
TO SURPASS ALL OTHERS.
Tho members of Thor Lodgo, No.
46 of the Danish Brotherhood, soy
that their picnic Saturday at Union
Grove, will surpass all othor picnics
of that organization. The regular
committee of Thor Lodge will look
after the arrangements.
rim best sewing machines are sold
at Peder Olson 's, 86 Smith street.
6-9 to 7-e. o.d.? adv.
THE PERTH AMBOY
SAVINGS INSTITUTION
BANKING HOURS:
I SATURDAY O to 12.
OTHKIt DAYS ? to
ON DAY an<l SATURDAY KVEf*
' ,.NUS 7 to 8. Holidays exoe>*?d.
yiiiML
MORE TALK I
OF TROLLEY.
Woodbridge Township Commit
tee Held Meeting Last Night
and Discussed Franchise.
APOLOGIES IN ORDER.
The public hearing in the applica
tion of the Elizabethport, Am boy and
Long Branch Railway Company was
continued before the Township Com
mittee in Woodbridge last night, and
after an interesting discussion the
mooting was adjourned to Jnly 15. It
was quickly developed in the coarse
of the discussion that the trollev com
pany has reached the limit as far at
amendments are concerned, for Mr.
Qnin said his company would refus
to accept the ordinance if passed with
some amendments as offered by the
committee last night. Mr. Qnin
was the only one present representing
the company, and in stating that the
company would refuse to aocept the
ordinance he said the officers of the
company had seen a copy of the
amendments and they had tDld him
they would not be accepted.
There were several amendments but
the one Mr. Quin objected to related
to the abandonment of any part of
tbe road. This was inserted to com
pel the company to define their route
from Carteret to Woodbridge whioh it
seems had only been done partially.
It was explained by Mr. Martin,
counsel for the committee, that by
inserting this amendment all theoom
mittee wanted was to know just
where the company intended to lay
its tracks. Several citizens upheld
the committee in their contention
whereupon Mr. Quin dellverrl >, few
shots to all hands, iiiCol"\rd
apologized as did also some
citizens for what they had said.
Mr. Quinn explained that if some
of the gentlemen present knew how
patient both himself and the oommit
tee had been in trying to reach a sat
isfactory settlement, they would not
say such aggravating things. Both
Mr. Quinn, the citizens and commit
tee alike agreed that what was want
ed was a trolley from Oarteret to
Woodbridge. At Port Reading Mr.
Quinn said, if the company had to
define the route, it would necessitate
the building of a thousand foot bridge
over the two railroads at a heavy
expense. This, he said, the company
would not do for it would compel
them to leave out Sewaren altogether.
Numerous other routes were then sug
gested, including the oldfroad through
Sewaren, and after more informal
discussion the council adjourned with
out taking any action.
Take home one of Sexton's famous
ice cream boxes, 16 cts pint, 80 cts.
quart. 7-1-1
Headaches ?uicW>f, Va""h
after taking our
Celebrated Headache Powders ? Safe and
reliable ? 3 doges for 10c ? Try them.
Parisen's Prescription Pharmacy.
WEATHKH.
TOO HOT
Tfcfc "Wo*K.
AWYW/vfi
i ? <=7:
y
The forecast received at the local Signal
Station is for fair and warmer.
HIGH TID]
June
30
J'lyl
2
a. ni
12.25
1-25
p. m.
12.12
US
2.14
July
3
4
5
a. in.
2.28
3.34
4.36
p.m.
3.14
4 \\
50