Wabash Plan Prompts Large Gold Export and Bond Issuance
New York May 22 The Wabash reorganization plan before the Missouri Public Service Commission proposes that 64.585 million dollars of existing obligations remain undisturbed and new securities be issued to fund cash needs. These include 50 year 50 percent bonds up to 150 million, a 5 percent adjustment mortgage of 45 million, and 36.016 million in common stock. Bankers expect 25 to 30 million in gold exports now, with some predicting up to 50 million before summer. The Assets Realization Company names a committee including President Cobe and directors Jenks Baldwin with outside investors Potter and Schmidt to consider a new firm to equitize assets, while the Northern Pacific mortgage is to be authorized on June 11 with a cap tied to outstanding stock.
MENTIONED IN THIS ARTICLE
Barron Financial News
New York
Wabash
Public Service Commission of Missouri
Cobe
John S. Jenks
Philadelphia
Ernest E. Baldwin
Edwin A. Potter, Jr
Chicago
George Schmidt
Schmidt & Gallatin
Northern Pacific
St. Paul
St Paul
New Haven Directors Discuss L C C Probe
New Haven directors meet after the regular New York, New Haven & Hartford Railroad session. Chairman Howard Elliott reports $45,000,000 of May notes paid or exchanged with the attorney general. The board notes ongoing Interstate Commerce Commission inquiry and a sustained internal financial audit begun December 18, 1913 by Hindley, Richards and Elliott with a chartered accounting firm.
MENTIONED IN THIS ARTICLE
New York
New York, New Haven & Hartford Railroad Company
Howard Elliott
United States
William Rockefeller
Chas. ¥. Brooker
William Skinner
Robert W. Taft
Hemingway
Interstate Commerce Commission
Washington
Eliott
Billiott
Hindley, Richards and Eliott
New Haven
Crop Advice Downplays Pest Damage In Wheat
Crop advices yesterday discounted alarming reports about pest damage. Kansas State Board of Agriculture noted an unusual number of Hessian flies in wheat but called the damage inconsequential. A traveling expert claimed 25 percent damage, while Omaha reports suggested prospects for a bumper yield.
MENTIONED IN THIS ARTICLE
Kansas State Board of Agriculture
Omaha
Nebraska Brightens as Kansas City Dealers Scout Crop Failure
Kansas City farm implement dealers and flour millers report scouting crop failure news while Nebraska appears hopeful. Wheat losses are described as confined to small areas and expectations run high for a record crop if demand for farm implements remains strong.
MENTIONED IN THIS ARTICLE
Nebraska
Kansas City
C N and Union Pacific Order Locomotives and Cars
The Chicago and Northwestern orders 40 locomotives from the American Locomotive Company for about 4 million dollars. Earlier, C N also awarded 2,000 freight cars. Union Pacific orders 107 coaches from Pullman Company. Havana Central places 300 freight cars.
MENTIONED IN THIS ARTICLE
Chicago & Northwestern
American Locomotive Co
Union, Pacific
Pullman Co
Havana Central
U S coke output breaks all records in 1918
Washington reports 1918 coke production at 46,311,369 short tons valued at 128,951,430 dollars, a record high. Bee hive ovens produced 33,596,669 short tons and retort or distillation ovens 132,714,700 short tons, with Alabama and Pennsylvania showing strongest gains. Price averages: beehive 2.39 dollars per ton, retort 3.83 dollars. Also notes Fraternal League second game tomorrow Adelphian vs Knights at Meadows.
MENTIONED IN THIS ARTICLE
Geological Survey
Alabama
Pennsylvania
Remedy Used By Three Generations
Remedy used by three generations touts Dr Caldwell's Syrup Pepsin as a mild safe laxative tonic for stomach liver and bowel issues. It claims to aid constipation dyspepsia biliousness and related symptoms without griping and offers free samples by mail from Monticello Illinois. Families cited include Mrs W W A Taylor of Beloit Wisconsin and five children.
MENTIONED IN THIS ARTICLE
Caldwell
WM. Roswell Taylor
W.W. A. Taylor
Lincoln Ave
Beloit
Wis
W. B. Caldwell
Washington St
Monticello
Ill
Native Dressed Veal and Quality Poultry On Fresh Offer
Watermarked catalog of meats and produce lists rib roasts beef spring lamb calves liver and various pork cuts. It promotes smoked and salt meats including sugar cured hams shoulders bacon plate corned beef and pigs feet. Also highlights veal legs shoulders loins and pot pie pieces from native dressed stock.
Also Mentioned on This Page
Bridgeport
New
York Wholesale Millinery CO
Main Stret
Keller Bros
Riker’s
Central Market
State Street
John F. Fay
Fairfield Avenue
Superior Fabrics
Thousatonic Avenue
Corner Meadow Street
THE
Peck & Lines CO
Bridgeport, Conn
Mark
Keystone
L C. C
Diamond Ring Sale
J. Buechler
Sm Reliable Jeweler
Ave
Near Middle
U. S
K. OF
C. Adelphian
Adelphian
Knights of Columbus
Hayes’ Fish CO
Whitcomb
Main Street
Elm
Texas
Bermuda
del Monte
Williams
California
Maine Ie
Farley
Ash
GEO. B. Clark & CO
Crawford Ranges
Broad Street
Fosr Orricy
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