State debating tax rebate to bolster canal bonds
Senator Hill aims to amend New York tax law to grant a 1 percent rebate on school, trust and insurance companies on the par value of 3 percent State bonds. The move would raise canal bond returns to 4 percent, intensifying competition with municipal issues and boosting depository institutions holding State obligations. The measure, if enacted, could widen the market for canal bonds and keep more funds in the State Treasury through deposits.
MENTIONED IN THIS ARTICLE
Senator Hill
New York
Irs
Adirondack Park bonds and state canal debt details
The article outlines canal and park bond issues in New York, noting Adirondack Park bonds due this year and next totaling 400,000 do not gain Hill amendment privileges due to 8 percent interest. It traces state indebtedness back to 1895, with $7,230,000 outstanding after $1,770,000 redeemed, and mentions a $5,000,000 issue from last spring and its weak reception.
MENTIONED IN THIS ARTICLE
Adirondack Park
Chacenintee v- Sibrie
Oswego Canal
Sta
Transactions In May On The New York Stock Exchange
Transactions in stocks on the New York Stock Exchange for May totaled 15,755,863 shares, down 8,464,685 from April and 8,189,788 from May of last year. The heaviest day was May 11 with 1,846,371 shares and May 27 also topped one million. May 16 saw the smallest total at 342,679 shares. The Saturday holiday high was 355,304 on May 4 and the low 215,378 on May 25.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Columbus
Jran
N.jtcon
Singer Mfg
Denver G. & el
Trenton Potries
Nevada
India
Sewnee Centur
Eatury Ational
Pik Union
United
Kno Sharm
tHlanfayette
Corp
Asport United Copper Pr
Atic
Madison
Columbia
New Amsterdam
N.Y
Elr
Ohio & Ind
Union
Atlantic Av
St ‘Joseph
Mtge S
R. Se
Ile
N. Fe
C. R
Crosstown OO
Hanks
Commonwealth
Continental
N.J
Empire City
Yolitan
German-Amer
Greenwich
Lon
Hanover
N.A
Man
At. K
S. Natew York
Do Inc
Grand Neon
Aecounty
Excité
Peter C’ Doves
Nat Stuyvesant
Nor
Ninth Avenue
Adson Tt
Eave
Chester
Ark National
Henix
Pub. Serv. Corp
Riverside
Brooklyn
BO Ibe
Ib -Industriala
Net
H Ward
Hoboken
Seabeach
Am. Ee
Ciigetf Exchange
W. P. Pt
Hob
St. F
Brooklyn Eseney
Colutmbia Trust
Ronan
Barney
Auitaine Trust
Bliss Ee O
TiDo
Chestér
Ian
Yonkers
Br.t.colcc
Ely Central County
Ely' Con
Faa
Sland
Hocking Subwa
American Clgdr Co
Coles
Caeeheeer Eb
Nakea
Butt Ritch & Pitts
Hicego & Ton
Dolores Lad
Seo
Bee Oe - Jnews Trust
Quer
Interbo Ma Insurance
Wan Mar
Havana
Tran
Om & Trac
Mitch IM Qi
United States
Railroad and government bonds par values shown in sale report
A partial OCR record notes bond sales for a five month period ending in early February. It lists railroad bonds, miscellaneous bonds valued at 30,002,500 par, and government bonds totaling a par value figure with a mid winter holiday noted. Names or exact figures are partially garbled.
The Outside Securities Par Value Clarification
Par value of shares when other than $100 is inserted after the name of the stock.
Trust and Surety Companies Report
Fragmentary OCR text references trust and surety companies with unclear details. No coherent events, dates, or named entities readable to form a full item.
Calendar for the Week Announces Multiple Company Meetings
The calendar lists annual meetings for Amalgamated Copper Car Company Bleakeeet Co Oak Park Elevated Railway and others. Dividends and book closures are noted for New York Long Island Bridge Telegraph Rough Building Co States Trust Co and several mining and manufacturing firms from June 3 to June 8.
MENTIONED IN THIS ARTICLE
Jane
Amalgamated Copper Car
Bleakeeet Co
Oak Park
Northwestern
Long Island Bridge
Anno Eliver Tint Co
Barney & Smith Car Co
Butte Coaltation Mining Co
Thorp Succeeds Core, Carnegie Links President Talk
A special to The New York Times reports pig iron king W P Snyder may be the Steel Corporation choice to succeed Core y Thorp as president. Pittsburgh June 2 notes pressure from Carnegie Steel for a local leader, with talk of gas and blast furnace changes shaping future production and management.
MENTIONED IN THIS ARTICLE
Carnegie Company
New Yorks Times
Pittsburg
W. P. Snyder
Steel Corporation
Courge
Amalsees Sa
Ing
Gary
Ey van Do
Thorp
Snyder
Bteal Corporation
Nave
Ton
Pittaburg Stes
A Asdependane Tr
Pena
Carnegie Bees
Oling Steel
Pecetis
SS - 1
Pittsburg Colny
Mr. C
Burger -High
Up Times
Carn
Pittaburg
The Week's Curb Transactions And 1907 Price Denotes
The Week's curb transactions summarize leading securities of 1907 with price denials for the 055 Foe hies in the following table.
Also Mentioned on This Page
Lssues
Trust Company
Serema Geenerees Seewee
Taos
Outside Securities
American Car & Foundry O
Range Consolidated ‘Co
North Butte Mining Co
Aata
Perrot Silver & Copper Mining Co
Divi- Lond Peyenue
Rawey ‘Steel Spring Co
Rubber Goods Manufacturing Co
Corey
Gary, Ind
Qreen
Inter
Bou
Couthias
the Trust CompAny of America
WaLt OF
California Safe Deposit and
San Francisco
California
General Banking and Trust Company
David F. Walker
W. J. Barnett
Dalzell Brown
Beech Creek Coal and Coke Company
Knickerbocker Trust CO
Frederick L. Eldridge
Gentlesien
Times Square
RIO Plata Mining Company
Rio Plata
Mexico
A. B. Cordner & CO
Pine Street
North Butte
Batts
Pridende
Ematock
Winchel & CO
York
White Knob
J. Thomas Reinhardt
Broad ST
Boston
Broad
Standard Stock Oppo Toronto
ExcuAanes Place
Neadelaide OF
Toronto
The
Wall Street Journal
Ives Caen
Barb Braneeen
Eer Dbs
City Hall
of New York
Weday
George B. McClellan
Indiana Block Coal Railroad Co
Indiana Block Coal Raiflroad Company
Farmers’ Loan and Trust Companios
William
Armers’ Loan and Trust
Marston
Exx
Albany
Ae Inbau Newark
Copartnership Notices
F. Manassa
B. D. Haddad
Manassa
F. Manassa & CO
At & Washington Bt
City
NEW York Times Financial and Quotation Review
Finley
Southern Railway
Our
W. E
Wexler
A. B.A
Seeakiber
W. H. Glasson
Trinity
College
Bryant
Spuuve Bt
80 Bros
Y. the
New. York
TIMES
General Depot
Jeffsonville
Ind
Maeilen Ufred
Manila
P. I. Se
Ap Socces
Q. M
Fort Bancoch
Firenoss
Fort Hancock
Ellis Island
Bert Watchorn
Ee Hancock
N. Peat Td Hencock
Nafar
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