Bond Plan Urges Bondholder Deposits for Stock Distribution
The Chicago, Rock Island & Pacific Railroad committee outlines a plan to distribute pledged stock among bondholders who deposit under the plan with Central Trust Company of New York at 54 Wall Street. Deposits must be in transferable form with coupons for coupon bonds and any applicable taxes, and certificates of deposit will be issued in bearer form with potential NYSE listing. Immediate deposits are urged to secure the plan and avoid cash payouts to non-depositing holders amid unsettled finances.
MENTIONED IN THIS ARTICLE
Central Trust Company OF
New York
Wall Street
New York City
Amalgamated Cuts the Dividend Amid Market Troubles
Amalgamated Copper Company reduced its annual dividend from 6 to 2 dollars, with the quarterly rate dropping from 1.50 to 0.50 dollars. The move follows Anaconda’s earlier cuts, reflecting revenue tied to Anaconda shares. Wall Street banks signal easier money as call loans reopen, while debate continues on reopening Boston’s stock exchange amid mixed local and national potential. The Wabash Railroad plan to reorganize is withdrawn due to inadequate earnings, and Boston Suburban Electric Company may have paused its 4 percent preferred dividend despite no official announcement.
MENTIONED IN THIS ARTICLE
Boston
New York
Amalgamated Copper Company
Amalgamated
Anaconda
Boston Exchange
The
Post
Committee of Five
Boston Stock Exchange
Boston Stock
American Telephone
United States Steel
Atchison, Tinian Pacific
New Haven
Great Northern Northern Pacific
China
Ray Consolidated
Utah Copper
Miami
Boston Suburban Electric Company
Dividend Notices from Houghton County Electric Light Co
The company declares semi annual dividends: 6 percent for preferred stock at $0.75 per share and 5 9 percent per unit for common stock at $0.626 per share, payable November 2, 1914 to holders of record at end of business October 16, 1914. Stone & Webster, transfer agents.
MENTIONED IN THIS ARTICLE
Houghton County Electric Light Company
Stone & Webster
Island Creek Coal declares quarterly common stock dividend
The directors of Island Creek Coal Company have declared a quarterly dividend of 50 cents per share on common stock, payable November 2, 1914, to holders of record at the close of business October 23, 1914. W. Batchelder, Treasurer.
MENTIONED IN THIS ARTICLE
Island Creek Coal Company
Money Markets And Boston Quotation Highlights
Current Boston quotations for October 15 show 6 percent and up on brokers customers loans before dock exchange close, and similar rates for outside brokers loans and customers loans since close. Commercial loans, 6 percent and up. Commercial paper, 7 percent and up. Year money, 6 percent and up. New York silver price 40 shillings 4f. New York banks gained on Sub Treasury operations yesterday. Clearing House shows New York funds up 2,041,600 with year-to-date gains and Sub-Treasury credit 144,408. Exchanges totals and balances at Boston and New York indicate continued activity. Sub-Treasury debit 352,090.
MENTIONED IN THIS ARTICLE
Boston
Dock Exchange
Stock Exchange
New York
Treasury
Balaisensot
Sim RadisRater
Rock Island Bonds Deposit Accelerates After Foreclosure Decree
The Wallace committee reported deposits reaching about 21 million dollars by Wednesday night after foreclosure orders were issued. An additional 7 million dollars were deposited in Holland, totaling over 39 million of the 71 million bonds issued.
MENTIONED IN THIS ARTICLE
Rock Island
Wallace Committee
United States District Court
Holland
Reduction in call money and financial shifts today
New York reported a fall in the call money rate from 8 to 7 percent after the war onset, with large loans moved at the lower rate and longer maturities easing. Foreign exchange rose, gold moved to Ottawa, London cables and drafts shifted, and copper and iron markets showed price pressures. The American Bank pool plan drew banking interest but reached no decision. The Bank of England boosted gold reserves, raising total reserves and liabilities.
MENTIONED IN THIS ARTICLE
New York
New York City
Ottawa
London
Amalgamated Copper Company
Anaconda Mining Company
Pittsburg
Federal Reserve Board
Bank of England
Grain price listing with mixed wheat corn and oats values
A market brief lists several grain prices including Wheat No 2 red at around 1.11 and related grades, Corn No 2 white and yellow around 0.72 to 0.75, and Oats No 2 white near 0.46 to 0.47 with additional standard figures.
Boston curb trading report highlights Nevada Douglas drop
Trading volumes were fair on the local curb with Nevada Douglas leading declines, down 35 cents to 85 cents, a new low. Gold-Held Merger rose 11 cents to 21 cents, Majestic gained 5 cents to 7 cents, Mexican Metals fell to 17 cents, New Taltie down 5 to 95 cents, Old Common receipts off to five. United Verde Extension up 1/8 to 11-8. Fluctuations noted in the close on July 30.
MENTIONED IN THIS ARTICLE
Nevada
Douglas
Majestic
Taltie
United Verde
Bay State
Butte & London
Calaveras Ee Ege
Crown Reserve
Engle & Bluebell
Goldfield
Humboldt Pie
Nevada Douglas
Oneco
New Haven Trolley Control In Boston
A protective committee of preferred shareholders led by Moses Williams Jr Henry B Cabot and E V R Thayer announced the purchase of 1000 shares of common stock from Sanderson Porter of New York This gives the committee control of New Haven owned trolley lines in Springfield Worcester and other western Massachusetts towns
MENTIONED IN THIS ARTICLE
New England Investment & Security Company
Moses Williams, Jr
Henry B. Cabot
E. V. R. Thayer
Sanderson & Porter
New York
Springfield
Worcester
Massachusetts
New Haven
Alabama Great Southern Year Ends June 20 1914 Report
Alabama Great Southern presents 1914 figures ending June 20 with 1,719,098 surplus after charges and pref dividends totaling 202,821. The document shows 55 and 5,231,983 figures alongside 1,719,098 and 757,187 15134/620 components.
MENTIONED IN THIS ARTICLE
Alabama
Great Southern
American Soda Fountain Changes Corporate Name
Treasurer Isaac F. North of the American Soda Fountain Company declares the reorganization is complete and an October 20 meeting in Portland Maine will consider renaming the Maine entity to American Soda Fountain Company. The Maine company was formed in 1911 to absorb the New Jersey firm dating from 1891 and other partners.
MENTIONED IN THIS ARTICLE
American Soda Fountain Company
New Jersey
Maine
Isaac F. North
Portland
American Soda Fountain Company of Maine
Maine Company
New Jersey Company
John Matthews
Am Shipbuilding Company Report for Year End 1914
Am Shipbuilding Company reports its year end figures with net earnings of 849,874 and a balance of 204 cones. preferred dividend 278,54 and surplus 2 804 shown. The document lists depreciation and main items and notes the date follows June 20, 1914.
MENTIONED IN THIS ARTICLE
Standard Milling Company
Eee Shipbuilding Company
Depr Main
Fee Ee Atg
Sveceesees
Murplus
Ccessvecsesees
Beare
Campfire Parties Trend At Wellesley College Pit
A group of Wellesley College girls gathered for an old fashioned campfire party in the pit near the college golf links. Seven fires burned as a photographer captured the scene. The night was dark and quiet with students of varying ages present and a lighthearted moment as the photographer asked for a flashlight while the reporter commented on the mood.
MENTIONED IN THIS ARTICLE
Wellesley College
College
Wellesley Girls
Wellesley
Post
Trading Resumes on Toronto Exchange
Authorized trading among brokers of the Toronto Stock Exchange began today for cash. Trading is limited to securities listed on both the New York and Toronto exchanges and no prices will be published. The exchange opening awaits New York and London resume.
MENTIONED IN THIS ARTICLE
Toronto
Ont
Toronto Stock Exchange
New York
London
Shawmut Announces South American Trade Initiative
The National Shawmut Bank plans to enter South American business with an agent in Buenos Aires to gather market reports. President William A. Gaston says South America offers opportunities but requires capital and work, and the bank aims to assist customers eyeing import or export ventures. Shawmut leads New England banks into this approach.
MENTIONED IN THIS ARTICLE
Shawmut Bank
William A. Gaston
Buenos Aires
Argentine
South America
South American
Buenos Ayres
The
Shawmut
New England Bank
Bank of England Lifts Reserve Ratios This Week
The weekly Bank of England statement shows rises in reserves and bullion while public and private deposits adjust. Circulation grows to 34 667 pounds, private deposits fall from 146 646 to 135 828, and bullion increases to 659 285 with reserves at 43 018. The reserve ratio stands at 26.50 percent, up from 24.50 percent last week, with the discount rate steady at five per cent.
MENTIONED IN THIS ARTICLE
Bank of England
Dividends Declared by Multiple Companies
Electric Bond and Share declares 11 2 percent on preferred and 2 percent on common with payable dates in November and record dates in October. F W Woolworth declares 1 1/2 percent on common payable December and record in November. Lewiston Augusta and Waterville Street Railway and Pacific Bank also announce quarterly dividends with varied percent on preferred or common and respective payable and record dates. Willys Overland allocates 11 2 percent on common payable November 1 with record in October.
Western Union Nine Month Report Summary
The Western Union Telegraph Company releases nine month figures ending September 30, detailing revenue, operating expenses, balance, interest, and net earnings. The 1934 figures show total income around 30.54 million with costs for main repairs, overseas services, and taxes, plus a net earnings amount of approximately 8.85 million.
MENTIONED IN THIS ARTICLE
Western Union Telegraph Company
Wellesley College Pit Camp Fires Draw Silent Excitement
Reporters exploring Wellesley girls camp fire parties fell into a 10 foot embankment but were met with laughter and invited to share hot dogs corn and roasted potatoes. Several campfires blaze nightly on the near civilized but secluded pit scene replacing former cocoa sprees as outdoor life takes hold in chilly weather.
MENTIONED IN THIS ARTICLE
Wellesley College
Wellesley
Pride Oval
Algebra Book Writer Dead In Missouri Hospital
Michael Angelo McGinnis, a mathematician of international fame, died in Isansas City as a charity patient. He wrote an algebra book while jailed for misuse of the mails, later published worldwide and attracting educators, then became a Wichita college professor before a later penitentiary term for forging a deed.
MENTIONED IN THIS ARTICLE
Isansas City
Michael Angelo McGinnis
McGinnis
Missouri Penitentiary
England
Wichita
Kan
Also Mentioned on This Page
Chicago
Rock Island & Pacific
R.r.co
C. E. Sigler
James N. Wallace
Bernard M. Baruch
James Brown
Henry Evans
Charles Hayden
Frederick Strauss
Call Money Market
Wabash
Committee of First
Wabash Railroad Company
Public Service Commission
State of Missouri
State Public Utilities Commission of
Ilinois
Boston Suburban Electric
Houghton, Michigan
W. Batchelder
Money Markets
Hands of Wallace Committee
Adirondack Elec
Pwr
L. Douglas Shoe
U. S. Light & Htg
Regal Shoe
American Brass American Invest
Sec
Plymouth Cordage Enternat's Educ
U. S. Metal Products
Columbian Nat’s Life U.S
Wamsutta Mills
U. S
State Street
Mass
Pine Street
N.Y
Bodell & Co
Congress Street
Jan Sewer
Jan Wee Wee Es
Jan Attees
Prey
Minneapolis
Duluth Ae
St. Louis Eee
Kansas City
Toledo Aer
Detroit Tattener
SSS
New England Investment & Security
Financial News Notes
Providence
Dome Mines, Ltd
Montreal
Kuhn, Loeb & Co
William A. Read & Co
M. E. Farr
J. H. Wade
American Shipbuilding Company
W. L. Brown
R. C. Wetmore
Pacific Coast Company
Bross
Portland Gold Mine
Colorado Springs
Swampscott
Lake Shore R. R
Cleveland
New York Central R. R
Geneva, Corning & Southern R. R. Company
Terminal Railway of
Buffalo
Dunkirk, Allegheny Valley
Pittsburg R. R. Company
Chicago, Indianapolis & Southern R. R. Company
Detroit & Chicago R. R. Company
Detroit, Monroe & Toledo R. R. Company
Central Michigan R. R. Company
Kalamazoo & White Pigeon R. R. Company
Swan Creek By. Company
Toledo
Chicago & Alton
Tamarack
Torch Lake
Canada
Riker-Hegeman Company
Riker-Hegeman Drug Company
H. de Forest Lockwood
Bates Manufacturing Company
Edwards Manufacturing Company
National Shawmut Bank
Butte and Superior
Sterling Gum Company Syndicate
Sterling
Canadian Pacific
Montana Power
A. S. Pierce
Chicago & Northwestern *Railway Company
M B. van Zant
H. H. Westinghouse
Westinghouse Air Brake Company
George H. Westinghouse
American Soda Fountain
AM. Shipbuilding Company Report
Mafia
Camorra
Toronto Exchange
First New England Bank
Western Union
Revere House
Scollay Sq
Quincy Adams Sawyer
Cupid
Mabel Fonda
Bowdoin
Heatre
Rigoletto
Ardini
Fox
Saccchetti
Blanchart
di Biasi
Cavalleria
Pagliacci
Barber of Seville
Eve
Tremont
A. H. Woods
Wilbur
Wim
Hankness
Park SQ. Mats
Cort Oliver Morosco
J. Hartley
Loew’s
KEW Globe
Old Globe Theatre
Wash
Inez McCauley
Viola du Val
Oscar Lorraine
Lawton
Sual Loew
Ireland
Erin
National
Plymouth
Uparris
Oxford
Cohan
Iy A. Bt
Thomas An Enaist
Iceancine
Clayton Han Iton Dton
Burlesque
St. Near Boylston
Washington St
Eliot
Braves
Athletics
Castle SQ. Mat
Craig
Loews Orpheum
Orpheum
Globe
Nowswivors
Theatre de Luxe
Estey Organ
Rob't Edeson
Ceaux
Olympi Wash
St. Opp
Boylston
Olympia Stock Co
St Dames
Vaueville
Waldron’s Golden Crook
Casino
Hanover Street
Tremont Row
Howard
Harry Levan
Havana
Senor
Boston ‘Cince Rooo
Emma Hanko
Jordan Hall
Rudolph Ganzip
Symphony Hall
Tremont Temple
Gabrielle D'Annunzio
Cabiria
Rwe’s
Daly
Pemberton
bOuiby @i Sundae
Chas, Frohmann
Wm. Harris
Lessees & Mers
Lele
Ziegfeld Aaa
B.F. Keith
Adet Aide
Hughes
America
B. A. Rolfe
Andy
Claire Rochester
Chas. Mack & Co
Webb & Burns
Emma Stephens
Muller
Stanley
Crouch
Welch
Pathe Weekly
Hollis
Frances Starr
Henri Bernstein
Belasco Theatre
N. Y