Stock Exchange Admits Copper Bonds and Corporate Issues
The New York Stock Exchange lists Inspiration Consolidated Copper Company subscription receipts for first mortgage 10-year 6 percent bonds with 25 percent paid. International Agricultural Chemical stockholders approve $30 million first mortgage and collateral trust 5 percent bonds. White, Weld underwrites $13 million of the issue. P Woodbury, R F Ayers, and Paul Starrett plan a $12 million Seattle rail and terminal project with city bonds aid.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Inspiration Consolidated Copper Company
International Agricultural Chemical Company
White, Weld & Co
Co. P. Woodbury
Woodbury & Co
R. F. Ayers
Bush Terminal Company
Paul Starrett
George A. Fuller Company
New York
Grain Markets React to Government Report on Wheat
Wheat options rose after government data publication and stayed firm as traders weighed the results. Winter wheat losses concentrated east of the Rockies with Nebraska Kansas Oklahoma and Texas showing further deterioration since June 1. Spring wheat may still yield near normal despite a 15 percent potential drop in condition. Bond prices in the market were mixed with Wabash and Colorado issues noted.
MENTIONED IN THIS ARTICLE
Rockies
Nebraska
Kansas
Oklahoma
Texas
Copper prices rise at New York Metal Exchange
The New York Metal Exchange shows a generally steady tone with copper higher for nearby deliveries. Closing spot bids and asks are listed for June 11 and June 10 with copper ranges including Lake copper at 171.2 to 175.8 cents and electrolytic at 173.8 to 171.2 cents. London Metal Exchange quotations also reported for copper, lead, spelt er and tin with spot and futures figures.
MENTIONED IN THIS ARTICLE
New York Metal Exchange
Standard Cop
TME Ceverese
ES Discases
Cookson
London Metal Exchange
Governor delays excise appoint to council meeting
Governor Foss will not fill the vacancy on the Excise Commission at today’s council meeting. He said he has been busy with the railroad situation and has not had time to consider the appointment.
MENTIONED IN THIS ARTICLE
Foss
Excise Commission
Governor pressured for Woods successor to Baker
Temperance groups urge Governor to appoint Robert Woods to replace Ezra Baker who resigned June 1. William J. Barter emerges as favored candidate, with Barter long time chief clerk of Police and Licensing Boards and expert on liquor laws. Joseph Maynard and Francis Carroll also linked to the brief list, though Maynard denies candidacy.
MENTIONED IN THIS ARTICLE
Robert Woods
Ezra Baker
William J. Barter
Barter
Police Board
Old Licensing Board
Joseph Maynard
Democratic City Committee of
Boston
Maynard
Francis Carroll
Gary Guide at Steel Dinners Revealed in Trial
William P. Worth testified in the government suit to dissolve U S Steel about the Gary dinners that supposedly guided steel pricing. Worth, president of Worth Brothers of Catesville, described a “guide” personified by E H Gary and noted a February 1909 meeting where Gary suggested price cuts.
MENTIONED IN THIS ARTICLE
New York
William P. Worth
United States Steel Corporation
Worth Brothers
Steel and Iron
Catesville
Penn
Gary
E. H. Gary
Steel Corporation
Worth
Dull Cotton Market Weakened by Absent Gulf Storm
Yesterday’s cotton prices fell after a Monday gain as selling pressure rose due to forecasts of storms failing to materialize. Buyers liquidated, short interest dropped, and rumors of a Galveston tidal event briefly spiked prices before a denial by Western Union. Spots stayed strong at a premium to futures amid limited outside business.
MENTIONED IN THIS ARTICLE
Louisiana
Texas
Galveston
Western Union Telegraph Company
Western Trolley Bill Passes House Over Foss Veto
Western Massachusetts lawmakers pressed to advance a western trolley bill amid a fierce fight with Governor Foss. The Senate debated postponement before voting to table until tomorrow, with 28 senators for engrossment and 1 against. Supporters argue western development needs New Haven control. opponents warn of deficits and rate hikes.
Merrimac Trolley Merger Approved
Governor Foss approved the consolidation of seven Merrimac valley trolley lines with the Haverhill and Southern New Hampshire Street Railway Company yesterday. The merger aims to streamline service in the Merrimac valley and surrounding regions.
MENTIONED IN THIS ARTICLE
Merrimac Valley
Haverhill
Southern
New Hamp
State Board to Inspect Factories Takes Over Inspections
Governor Foss signs labor inspection bill creating a five member State Board to oversee factory inspections previously done by the State Police. A commissioner and deputies will be named by the board to enforce its rules.
MENTIONED IN THIS ARTICLE
Foss
Labor Commission Bill Becomes Law in State
Governor Foss signed a bill creating a three member Labor and Industries Commission with a female commissioner requirement. The panel includes one woman and handles labor matters for the state.
MENTIONED IN THIS ARTICLE
Labor Commission
Commission of Labor and Industries
Commissioner of Labor
Foss
Doings of Legislative Day at State House
Western trolley bill passed over Governor's veto amid renewed attacks on the Governor. Close vote expected in Senate today on the measure. Governor warns he must have railroad legislation or he will not prorogue. Legislature refuses to act on Carmen's strike. Governor signs labor bureau inspection bill. Disagreement blocks Senators' preference bill.
MENTIONED IN THIS ARTICLE
New Haven
Washburn
Foss
Crane
Cambridge
Boston & Maine
Washtburn
Berkshire County
Sargent
Belchertown
Massachusetts
State House
Senate
Carmen
Labor Bureau
Governor OKs Vermont Rail Purchase and New Haven Move
Governor Foss signed a bill authorizing the Connecticut River Railroad to buy the Vermont Valley Railroad and the Sullivan County Railroad, consolidating New England lines under lease and advancing plans for a Boston & Maine company line from South Vernon Vermont to White River Junction.
MENTIONED IN THIS ARTICLE
New Haven
Vermont Valley
Sullivan County
Connecticut River Railroad
Vermont Valley Railroad
Vermont
Sullivan County Railroad
New Hamp Shire
Connecticut River
Foss
New England
Boston & Maine
New York, New Haven & Hartford Railroad
South Vernon, Vt
White River Junction
Central Vermont Railroad
Deadlock Persists Over Senators Preference Bill
The House and Senate remain at odds over the senators preference measure. Indications suggest the two chambers will not pass any related legislation, leaving the issue unresolved.
House rejects bill to create steam engineering bureau
By a rising vote of 25 to 77 the House refused to refer the bill to establish a bureau of steam engineering and boiler inspection to the next general court, then granted its readings under suspension of the rules.
MENTIONED IN THIS ARTICLE
Bureau of Steam Engineering
Amendments at Convention in Concord Reach 57
At the New Hampshire constitutional convention June 11, 16 amendments were proposed bringing total to 40 current, with discussion on recall income taxation and corporate control. A motion to report all amendments unfavorably failed. The session focused on reducing the state House size with no final action. The afternoon debated further revisions while the initiative and referendum topic opened with Prof Louis Johnson of Harvard.
MENTIONED IN THIS ARTICLE
Concord
N. H
House of Representatives
Executive Council
Louis Johnson
Harvard University
Horses Arrive for Country Club Races Week
About forty horses and steeplechasers from New York Philadelphia southern and Canadian tracks reached Clyde Park for three days of racing at the Country Club. The field includes 14 army horses fed and rested before schooling over jumps and track starting tomorrow morning with federal officers of the government on hand at Brookline.
MENTIONED IN THIS ARTICLE
Country Club
New York
Philadelphia
Clyde Park
Army
Brookline
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