Erie to Issue $16,000,000 Notes for Erie Railroad
Albany order allows Erie Railroad to issue notes dated April 1 1913 to 15 million dollars to maintain service and discharge pre 1908 obligations. Notes secured by general bonds from a $9,457,000 mortgage and Pennsylvania collateral, with sale restrictions and exchange possible after issuance.
MENTIONED IN THIS ARTICLE
ERIE
Erie Railroad
Public Service Commission
Seconda District
Tur TimEs
Treasury
Albany
Fiie
Neds
Union Pacific
Reiding, Amalgamated
Copper
St.aal
Northern Pacific
Northwestern
Southert” Railway
Louisville& Nashville
Smekers
Fressed Steel Car
New York Times
Erie Railroad Company
Public Service Commission of
Second District
Ortgage
Pennsylvania
Transactions in March on the New York Stock Exchange
March stock exchange activity shows total shares of 15,804,538 traded, up from February but down from last year, with the 26th the heaviest day at 975,849 shares and the 6th the lightest at 282,083. Bond dealings reached 344,010 on the 26th, and the Saturday holiday peak was 569,121 on the 14th, with monthly totals contrasted against prior months and years.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
DUO Vse
Ee Tomes
Prat Ape Press
Amd
Banat
European Markets Report from London Paris and Berlin
March 31 market summary notes money easing on dividend day with weak discounts. Gilt edged securities held up on cheaper money, but overall dull and irregular trading. Paris weak on labor troubles, copper shares fall amid Tata and Anaconda dividend fears. New York futures pressured. Berlin opened irregular but improved as session progressed.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Paris
Clyde
Wall Street
Anaconda
New York
Exchange
Berlin
Cut in Paper Dividend Hits International Paper
The International Paper Company executive committee recommended lowering preferred stock dividends from 6 to 4 percent and proposed a 1 percent dividend for the quarter. The move follows expected Street predictions as common stock earned less than 1 percent in the first half of the fiscal year, versus 7.7 percent in 1900.
MENTIONED IN THIS ARTICLE
International Paper Company
Hts
Several New Jersey Firms Chartered Here Today
A list of corporations chartered includes Georgia Construction Business of Jersey City Nassau Street. OAD Investment Company Newark led by William J. Bauer and G Rowland to handle real estate. Plainfield Ha 1 to operate boarding for girls. Union of Jersey City to deal in real estate with incorporators William M. Philip M. Farley and Clarence. Glen 4M Incorpora to deal in tea and spices. Munroe Mfg Company Jersey City to amuse. Bridgeton Robb Company to run a shop. Manasquan Drug Company to deal in drugs. Elizabeth Drug Company. New York ads to manufacture electrical devices. Jersey City department store venture Cardelli. Baltimore Steel Casting Company. New Meter Company Rutherford to manufacture meters. Atholl Auction Company Atlantic City to conduct auction business. Grinker Land and Building Company Paterson to do real estate. Hoboken investment bonds by G Mullen group. Camden Philadelphia Auction Company to run auction business. Jfever Building Company Ark to operate general contracting. Penn Amusement Company Camden theatrical ventures. Wayne Transportation Company Camden coal and coke trade. Newark Meadows Improvement Company Jersey City real estate development.
MENTIONED IN THIS ARTICLE
Phenton
Georgia Construction
Jersey
Cit Capital
Oad
Albert Tuse
William T
Benjamin
Chamberlain
Pany
Yect
Newark
William J. Bauer
G Rowland
Plainfield
Evelyn Br Hartridge
Mapelsaden
Julian Hart
Tof
Cornties Company
Jersey City
Samuek- PP
Meher
Chester D. Reed
Y of New
Jersey Union
William
M. Philip M
Farley
Clarence
Competugement Company
Frank A. Rob
AL Robtns
Charles A
Amuse- Robbiien
Conpany
Bridgeton
Capital
Stine
Rory
Willam
H. Ott
Frank HE Iihsen
Ad BK
Herman
Philip Eiderstein
Cardelli
Lezier
Frank
Bi . Avenies
Otter, and Eggs
Baltimore Steel Casting Company
Firence V, Kennedy
Iron New Meter Company
Rutherford
H. W. Kuhl
J. P. Walter
Canufacture
C. Atholl Auction Company
Atlantic City
Henry
Scull
Thomas J.anderson
Benjamin Jesselsohn
Grinker Land and Building Company
Paterson
Kaufman Grinker
Fanny Grinker
Louis de Fries
G. J. Mullen
Hoboken
Inepare
G. Mullen
Constance Devyes
Norman
William Spruance
Jfever Building Company
Ark
Frank Bigigard
Rudolph Schweerer
Annie Biigard
Penn Amusement Company
Camden
N. A
H. Stern
M. E. Kerr
Wayne Transportation Company
F. R. Hamemell
George H. B. Martin
John A. MacPeak
Repany
Dull City Market On March 31 Seaboard Drops Amid Liquidation
Baltimore reports a quiet trading day with Seaboard shares around 48 and a 1 percent fall tied to forced liquidation. Local securities softened slightly as investors watched mixed activity among bonds and rail holdings, including United Railways and Western Maryland issues, with scattered price quotes and volumes.
MENTIONED IN THIS ARTICLE
Baltimore
Seaboard
Seaboard Ds
United Railways
United Rys
Seaboard Co
Western Maryland
Shay Ao Tom
Yukon Shanes and Copper Stocks Slide on Offerings
Outside securities show limited activity as Yukon Gold falls to 5 in afternoon trading. Copper issues weaken with offerings, Nevada Consolidated trades 1114 on light volume, Cumberland-Ely and Nevada-Utah decline, and overall market shows heavy selling with little support.
MENTIONED IN THIS ARTICLE
Yukon
Nevada Consolidated
Cumberland-Ely
Nevada-Utah
Quigg and Brady Questioned in Metropolitan Case
Anthony N Brady, once a Metropolitan Securities director, John B McDonald builder of the first Subway, and Leniel E Quigg appeared before the Special Grand Jury probing Metropolitan. Testimony shows McDonald received 150000 in 1906 then 100000 in 1907 from Metropolitan Securities and later a 50000 annual salary as subway expert from Interborough Metropolitan, with no duties after the merger.
MENTIONED IN THIS ARTICLE
Anthony N. Brady
Metropolitan Securities Company
John B.mcdonald
Subway
Leniel E. Quigg
Metropolitan Company
Public Service Congression
John B. McDonald
Metropolitan
Interborough Metropolitan
Interborough Metropolitan Company
Kuhn Loeb Offers to Buy Met Coupons at Face Value
Kuhn Loeb & Co announced they will buy at face value the coupons due today on the Metropolitan Street Railway 4 percent refunding bonds. The purchases apply to bonds deposited under the Marston Protective Committee agreement by May 15. The move aims to prevent bondholders from losing income during the current property examination by the committee.
MENTIONED IN THIS ARTICLE
Kuhn, Loeb & Co
Metropolitan Street Railway
Third Avenue
Marston Protective Committee
Sully backs mining stock promotion to Cotton Exchange
Daniel J. Sully, once famed for a major cotton market boom and a later collapse, reappears as a mining stock promoter. He offers to sell a limited amount of Cerro Colorado Mining and Milling Company shares to Cotton Exchange members, claiming thorough study and promising the property will become a leading enterprise.
MENTIONED IN THIS ARTICLE
Daniel J. Sully
New York
Mr. Sully
Cotton Exchange
Cerro Colorado Mining and Milling Company
Pennsylvania's Reports Cut In Expenses Offset Earnings Loss
The Pennsylvania Railroad reports February figures show a $7,000,000 decline in gross earnings but only $830,100 drop in net due to a $1,208,500 expense reduction. For January-February, gross earnings fall $38,608,300 with net down $1,001,200. The western lines west of Pittsburgh decline $1,206,? in gross and $53,700 in net for February. two months end February show $2,949,300 gross and $ -? in net.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad
Pittsburg
Atchison Directors May Cut Dividend Rate
Directors consider reducing the quarterly dividend on the road's common stock from 6 percent to 5 percent or 4 1/2 percent as net earnings decline. The railroad had been earning its dividend with some cushion but earnings slipped since last year.
MENTIONED IN THIS ARTICLE
Atchis
New York Firms Incorporate Widely Across Sectors
Albany March 31 report lists numerous incorporations including Eastern Wire Bound Box Company with 890000 capital and directors Guilford C. Babcock George P Hunt. Hudson and Long Island Traction with 50000 capital. Mc Klein Stockton with 30000. St Lawrence Park Corporation with 20000. and many more including firms in real estate, construction, and manufacturing with diverse directors and New York City addresses.
MENTIONED IN THIS ARTICLE
Anthony Stumpf
Pine Street
Wiliam “J. Spencer
Porter Place
Montclatr
Nad
New York
New
St. Lawrence
Irews
Vandam Street
Chir’ Beatty Company
Ilward G. Sefffert
Dacksan
George HH. Newhall
Corporate Capital Changes and Dissolutions Listed in New York
A compilation shows firms including Macon Construction Company and Lederle Laboratories increasing capital from 1 000 to 30 000 and 15 000 to 30 000 respectively. Red Zeeland Realty and Cooper Hewitt Electric also expand capital. others file dissolutions or adjustments with listed New York attorneys and addresses.
MENTIONED IN THIS ARTICLE
Lederle Laboratories
Karl K. Miner
Criminal Court Building
New York
Red
Fifth Avenue Branch Banking Advertisement Listing Services
The Fifth Avenue Branch of The Farmers' Loan and Trust Company at 475 Fifth Avenue near 41st Street offers Travelers' Letters of Credit, guarantees on foreign money and express cheques, and vault boxes for customers use.
MENTIONED IN THIS ARTICLE
Fifth Avenue
Farmers’ Loan and Trust Company
41St Street
Also Mentioned on This Page
Service Board
Parle
Foreign Public Securities
Saxony
Oomre
Munich
GO City
ATE. Org
Frankforth-Main
Nsols
Lon- N. Y. N.Y
Consol
Synion Pacific
le Stee
San Francisco
Aog'siag Belcher
Ce Vassalisierra Nevada
Imperial Aee Olfstandard
Utah
Tonopah
Belmont Iia
Kendal
Eeeeree Adams
Atlanta
Steinway
Incorporated
New Jersey
Newark Meadows Improvement Company
William Treacy
Rose A. Mackey
W. Spencer Robertson
Ng Island
Mackay Cos
Man
Ss &G
A.C
D. Tel
A. HK
N. R R
Co & Pf
A. S
Snurt
Ito
Aim
A. BR
T. c
Taek
Amn
Arbor
Atl. Cc
B &O T
SS Ip. C
Beth Steel
Beth. S. Tit
Bot & P Ip
Os & c L. Pf
Es Pitts Coal
Pullman Co
Quicksilver
Canada
C &C
Ates
Bo C. Atk
Soty & A
Il ‘Rutland
St L. Cc. PE
Cii
St L. Pf
Ween
Acxkas
Texas
Consol Coal
Rikana
P&w
South
M. Pf
U S. Heath
Sen Co
Het.pfis.s
Nand. R. Ae
Inger
Rand
Va. Il
Iowa
West
E. IK
Wis
iWis. C. Pf
Yukon Gold
Industrials
Bay State Gas
Chi
Alaske
Bamb
Delamar
Palakiala
Butte
Davis-D
Dolores Ltd
Ai Oa
Ae Boo
Florence
Giroux
Gold Hill
Greene-Cananea
Greene G
S. Pas Boo
rGreenw
McKin
Dar
U M
TH & S
United Cap
Yuk
Tol É St. Col
Gay State Gas
Lofton
Tte
British
Columbia
Central Foundry
Chicago
Cumberland-El Y
Davis
Daly
Goldfield
Cananea
Greene Golt-Srk. Pr
Gusternheim
Havana Tobacco
Havana
NevVada
Utah M
Western Ica
Quigg
Brady
John
McDonald
O. J. Sully
Atchison
Thomas Pugh & Co
Newr York
Ste
Wims
Broad_s . Nel
la Bovteaux & O
Siew
Dire
Btteaux, Jr
Beaver Street
AL Wells
Stan
Broadway
Jacques Phelps
Vogt
York
New YorieEe
Yirapang
Yi I
Richard H. Golden
Norwn
Arthur Bo Tmith
Wal’ Street
Queens Borenga Friaepteas
Cam Carusl
Terman
Setrek Island City
Queens
Cocayr
Witnin Tb
Francis JJ
Peeeay
Aaron A. Veinberg
2Orkk
Ostand Casino Company
Far
Fockay Spocapital
Alfred Ei
Mathaws
Roadway
Stanton Construction Company
Newcapital
Joseph M
Webs Avenue
Thomas J. McGry Engens Merath
Crotena
United States
Brooklyn
Randel
Marvin Emory
Fulton William.j. Tiernan
Penn Street
Lay
H. An Woeog
Azure Land
Sect Street
Wll Street
Picayune
Mars
Amalgamated
Thomas W. Lawson
Boston
Thomas ¥. Farrell
Joseph J. Schmidt
Proad Street
Macon Construction Company
Jacob Sommer
Millie Sommer
Macon Street
Jacob Cohen
Herkimer Street
Company of New York
Attoreney
Ernest Hail
William Street
Associated Statiorners’ Company
iAttorney Charles L. Hidgwary
Perk Row
Bexar County
Tas
Vy TV
OSH
FAI
Te National
Park Bank OF New York
INTERNATIONAL “AND GREAT _ NORTHERN RAILROAD COMPANY
Detanis
Mark T. Cox
Edga le
Marston
Joan W. Taver
ONG &Son
Adder
Farson, Son & CO
Denver
Leslee
Riverside
Samuel Byerley
KAR- Banh Railhte
Rail
The
Wall Street Journal
New York Lave Insurance Company
N York
el Seeley
Acc
Rancl Company
McCalgs
Mare Bt
Ricame
Alctres
Princoiog
Oni Ivedees
Ties Ossei FR. Jones Ak
Safed
Nese
Mirch
A ‘Solthern Phebic ‘Company
Patt
Ione
SEN. Milear, Werk
Riverdale Park
Riveserdate Park
Ormpens
Thestra
Rondeau
New City
New York City
Title Guarantee & Trust CO
Alfred E. Loyd
W. 33Rd St
Telephone
Madison
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