Bond endorsement guarantees earnings exceed interest
Principal and interest are guaranteed by endorsement on each bond as earnings for the first quarter of 1911 exceed the required interest by more than five times.
Cebu bonds bid by Insular Affairs for Philippine funds
The Bureau of Insular Affairs invites bids on 125000 4 per cent bonds of the City of Cebu to be used for primary schools and drainage improvements. The issue, like Manila bonds, will be accepted at par for Government deposits with National banks favoring Philippine bidders.
MENTIONED IN THIS ARTICLE
Bureau of Insular Affairs
City of
Cebu
City of Manila
European Markets Show Easy Money and Mixed Trading
London reports abundant money and easy discounts with the Bank of England buying most of 3,750,000 dollars of South African gold at 9d per ounce. Stocks are muted though home rails rise on good traffic expectations and Canadian Pacific, Atchison, Southern Pacific, and Union Pacific advance later. Paris and Berlin show firm and dull trading, with exchange on London around 25 francs and money rates near 3 percent.
MENTIONED IN THIS ARTICLE
London
Bank of England
Stock Exchange
Wall Street
Canadian Pacific
Atchison, Southern Pacific
Union Pacific
Madrid
Lisebon
American Mining Stocks in London
Share prices for several mining companies traded in London are listed with figures for Camp Bird Esperanza Tomboy Bolores Oro and Stratton's Ind showing values around 8 to 146 pence or pounds with small fractional changes.
MENTIONED IN THIS ARTICLE
London
Camp Bird
Esperanza
Tomboy
Stratton’s Ind
Stocks Show Mixed Activity Across Cities And Sectors
Trading was uneven with Baltimore quiet and Seaboard dull. Hancock led Boston gains amid favorable rock reports, while Chicago saw modest rises for Sears Roebuck and Diamond Match and declines for Swift Commonwealth Edison and others. Pennsylvania rail stock sales and elevated railroad deposits dominated Philadelphia action as traders awaited Pennsylvania Rail Road Company receipts.
MENTIONED IN THIS ARTICLE
Baltimore
Seaboard Company
Hancock
Boston
Houghton
Mill Rock
Massachusetts
Quincy
Chicago
Sears-Roebuck
Swift
Commonwealth Edison
People’s Gas
Illinois Brick
Booth Fisheries Preferred
Illinois Trust and Savings Bank
Henry A. Blair
Lehigh Valley
Pennsylvania
Philadelphia
New
Pennsylvania Railroad Company
Copper Affects Smelting and Mining Stocks Rise
International Smelting and Refining Company reports higher Utah mine shipments by year end 1911, aiming for full capacity despite 1910 depreciation. Raritan Copper works sees improved tonnage with new contracts. Butte Coalition Mining dissolves Red Metal Mining and Alice Gold and Silver, gaining 617,566 Anaconda shares and cash. Net incomes: 1910 figures shown.
MENTIONED IN THIS ARTICLE
International Smelting and Refining Company
International
Utah
Utah Consolidated Mining Company
Perth Amboy
N. J
Raritan
Butte Coalition Mining Company
Red Metal Mining Company
Anaconda Copper Mining Company
Butte Coalition
Alice Gold and Silver Mining Company
Anaconda
Alice Company
Nickel Co. Reports Strong 1936 Earnings Rise
International Nickel Company posted a surplus of 3,775,600 for the year ending March 31 after preferred dividends. The remaining 28 percent was for common stock, up from 17 percent last year. President Monell cited peak demand driven by auto steel needs and stronger output from nickel products. Depreciation and other charges totaled 1,253,272 before surplus. After 7 percent on common stock, 2,432,078 awaited forward to profit and loss surplus.
MENTIONED IN THIS ARTICLE
International Nickel Company
Monell
J G White & Co Reports Higher Surplus and New Work
The annual report shows surplus on hand rising from 391394 to 485529 after paying the year's dividends. President White notes substantial earnings gains across most properties, with reduced activity in engineering and construction but newly awarded significant new work.
MENTIONED IN THIS ARTICLE
J. G. White & Co
J. G. White & Co., Incorporated
White
Fall In Rubber Affects Brazil Finances
The Brazilian Review reports a sharp fall in rubber prices reducing the security backing a government loan from 12 million to about 15 million dollars. A syndicate’s lock on rubber at Para and Manaos with 2000 extra tons failed to sustain prices due to rivals and substitute methods by manufacturers.
MENTIONED IN THIS ARTICLE
Brazil
Para
Manaos
Weather Forecast for Cotton and Grain States
United States Weather Bureau issues a forecast for Wednesday and Thursday across cotton and grain states. Unsettled conditions with showers in the Carolinas Georgia Florida Alabama and Tennessee while Mississippi Louisiana Eastern Texas and western Texas show generally fair weather with light to moderate winds.
MENTIONED IN THIS ARTICLE
Washington
United States Weather Bureau
North
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Utah
Oklahoma
Arkansas
Kansas
Missouri
Nebraska
Tennessee
Kentucky
Ohio
Indiana
Illinoia
Michigan
Wisconsin
Minnesota
Iowa
Dakotas
Publicizing New York Rail Rates Differentials Fight
Ex Mayor Charles A. Schieren urges action against railroad rate discrimination harming New York exports. He notes since 1877 rates to export via New York are higher than via Baltimore and Philadelphia, reducing New York wheat exports and boosting Montreal. City and state bodies file petitions with the Commerce Commission.
MENTIONED IN THIS ARTICLE
Charles A. Schieren
Chamber of Commerce Committee On
New York
Mr. Schieren
Baltimore
Philadelphia
Atlantic
Boston
Montreal
Congress
New York Chamber of Commerce
Merchants’ Association
The
Produce Exchange
Board of Trade and Transporation
Commerce Commission
Fairchild
New York Commerce Commission
Maritime Association
Corporation Counsel
New York City
Attorney General
New York State
State Banks and Trusts Report Week Changes in New York
State Banking Department data show decreases in loans and discounts for state banks by about 95.68 million and total deposits by 102.53 million with reserve shifts to 22.26 million and an average reserve. Trust companies show loans around 200.5 thousand and total deposits at 158.73 million with total reserve near 24.57 million and reserve ratios noted.
MENTIONED IN THIS ARTICLE
American Railway Association
Canada
New York State
New York City
State Banking Department
Meise cc Rihooe
Monon Coal Company expands with Alliance acquisition
The Monon Coal Company buys the Alliance Coal Company from the Chicago Terre Haute and Southeastern Railway. The deal covers 90,000 acres of coal land in Indiana and seven mines with a daily output of 10,000 tons.
MENTIONED IN THIS ARTICLE
Monon Coal Company
Chicago, Indianapolis & Louisville Railway Company
Alliance Coal Company
Chicago, Terre Haute & Southeastern Railway
Indiana
Cambria Steel Company
Rexer & Co
Philadelphia
Louisville & Nashville
Atlanta
Knoxville
Cincinnati
J. P. Morgan & Co
First National Bank
National City Bank
United States Cast Iron Pipe & Foundry Company Meeting
The annual stockholders meeting to elect Directors and transact business will be held at the companys Jersey City office on June 28 1911 at noon. Transfer books close June 7 and reopen June 29. Secretary B F Haughton announces.
MENTIONED IN THIS ARTICLE
E. I. DU Pont DE Nemours Powder Company
Newark Street
Hoboken
New Jersey
Alexis I. DU Pont
UNITED STATES CAST IRON PIPE _ & FOUNDRY COMPANY
Broadway
New York
Exchange Place
Jersey City
B. F. Haughton
Quicksilver Mining Co Stockholders Meeting Notice
The annual meeting of stockholders of The Quicksilver Mining Company will be held at its office 43 Broadway Manhattan Borough New York on June 21 1911 at 1 PM. An election of directors will be held. Signed Cc A Nones President.
MENTIONED IN THIS ARTICLE
New York
Quebracho Company
Quebracho
William M. Baldwin
William C. Low
Quicksilver Mining CO
Quicksilver Mining Company
Broadway
Manhattan Borough
City of
Cc. A. Nones
Des Moines, Iowa Falls and Northern Railway Company
Iowa Corporation
St. Paul and Des Moines Railroad Company
Des Moines
Iowa Falls, and Northern Railway Company
Colonial Trust Company
Railway Company
Railroad Company
Trust Company of America
Wall Street
Borough of Manhattan
New York City
Said Trust Company
W. A. Bradford
ST. Paul
Also Mentioned on This Page
Sprite
Bankers
Pine Street
American Brake Shoe
Fdys
American Brass Co
American Chicle Auto Sales
Gum & Choe, Borden’s Condensed Milk du Pont de Nemours Powder
General Motors
U. 8S. Motors International Silver Columbia Gas & Elec. Bonds
Royal Baking Powder Rd. Union Typewriter
Sen Sen Chiclets International Nickel International Agric. Corp
Boyer, Griswold & Co
J. Thomas Reinhardt
Broad St
N. Y
King St. W
Toronto
Devonshire St
Appalachian Power
Arizona Power Common
Western Power
A. D. Converse & Co
Hanover
American Bank Note Company
Broad and
Beaver Streets
Roger W. Babson
Babson Statistical Organization
Wellesley Hills
Mass
U. S
H. M. Bylkcssy & Co
South LA Salle Street
Portionznd
Ore
Kiahema City
Okla
Medlie
Ala
B. Wilson
D. M. Ferguson
L. B. Wilson & CO
Feznders Consolidated Stock Exchange
N.o
Wall St
W. N. Coler & CO
York City
C Gurdy Derson & CO Bankers
Westmeag Eccouniies
F. P. Freeman & CO
New York Stock Sixchange
Broad Street
ST. Tel
Broad
W. E. Hutton. & CO
New York Stock Exchange
Wail
Broad Sts
C.S. Burton & Co
Autosales Gum & Choc. Co
Barnhart Bros
Spindler
Hale & Kilburn Co
Otis Elevator Co
Weed and Gwynne
Feot-8
Manhattan Trust Company
Knickerbocker Trust Company
Fifth Ave
34Th St
Lenox
125Th St
Third Ave
149Th St
United States Mortgage & Trust Co
New Philippine Issue
American Tobacco
American Tobacco Company
Tobacco Company
Supreme Court
Canadian Pacific’s Credit
Paris
Berlin
Borse
Railroads
Lon- News No
Netdon
Equiv
Close
Ae Atchison LZ
Ee Pacific
Sas
Erie
Central
Ae Louis. & Nash
Peethern Pacific
U. S. Steel Aw
U._S. Steel pf
Atchison Pf
Boston & Albany
Boston & Lowell
Boston & Maine
Boston & Prov
Mass. Electric
N. Elec
Worcester
Southern Pacific
West End
Am. Agr. Chem. Pf
Am. P. Soc. 2d
Edison
Itte
General Electric
Swift Eee
Torrington
Torrington Pf
United Fruit
United Shoe Mach
United Shoe M.pf
Eeee Steel
Eeeneee Re
U. S. Steel Pelic Laos
Algomah Ee
Allouez
Bonanza
Boston & Corbin
Calumet & Arizona
Cone Loh
Calumet & Hecla
Centennial Secassees
Chino Copper
Hedley
Helvetia
Indiana Etter New Eee
Inspiration Mining
Island Creek
Isle Royale
Kerr
Lake Wolves Eee Ae
Scceeennee
Mason Valley Mines
Diaip Sceide
Mayflower
Miami Eee
Mohawk
Ccessecers
Sinovrce
Epapicnes
Nipissing Tereerees
North Butte
North Dake Sieges Sre
Serwacevans
Old Colony
Superior
Superior & Boston
South
Famarack Stan Eeebes
Tennessee Mining
Tuolumne Mining
U. S. Smelting
Seco
U. S. Smelting Pf
Utah Consol
Utah Copper
Victoria
Winona
Oece Bt
Wolverine
Teel
Arizona
S.S
U. S. Ye
West
T. Ds
Aiden
Ness
New York Board
Tive
Chi. Pneu
Com
Diamond Match
Hart, S. & M. Pf
McCrum-Howell
McCrum-Howell Pf
Oes OS
Quaker Oats Sjeenee Ette
Sears-Roebuck Pf
South Side Elev
Swift & Co
United Boxboard
Wee S. Steel
Hi. Pneu
Chi
Rys
Diamond M. Deb
Ogden Gas
Augusta ‘Aiken of
Con
Power A. Bled
Ry Aim
Maryland Gas
Fairmount
T. Pf
Senses Ee
Merchants Bank
Seaboard Co. Com
Seaboard Co
Als
United EU Lice Tenance
Ala, Coal & I
Charleston C. E
Ga. & Ala
Ga. Sears
HG S.e
Milwaukee
Norfolk Ry. & L
Norfolk & A. T
Penn. Water & P. Is
Seaboard Adj
Syracuse Gas
United Trv G. Scat Joes
Sparrows Point
United Rys. Inc
United Rys
Booth
Pittsburg
Ice Securities
Railways
Cambria Steel
Electric Co
General Asphalt
General
Ins. Co
N. A.sccee
Lake Sup. Corp
Ccee
Lehigh Navigation
Apts
Lehigh Val
C. Oya
L. V. Trac OE
North West
Phila
Rap
Transit
R. T
T. c
Sly
Pennsylvania R. R
Philadelphia Co. Oseee
Philadelphia Co. Pf
Philadelphia Electric
Philadelphia Trac
Reading
Railways Co
Tonopah Belmont
Tonopah Mining
Ecccse Oe
S. Steel
Ccevece YM
Consolidated Ice Eese Cg Agar ci
Crucible Steel
Crucible Steel Pf
Csecece Econe
Independent Brew
Mfrs
Ohio Fuel
Oklahoma Gas
Pittsburg Brew
Pittsburg Coal
Pittsburg Oil & Gas
River Coal
Sane
Union Switch
U Ss. Steel
Bank of Pitts. Nat
Pitts., McK. & C
W’house
BIG Nickel CO
Schlieren
San Francisco
Alta
Alpha
Ceess
ANGEL
Savage
Sagz ‘Belcher
Cal
Sierra Nevada
Union
Woth
Imperial
Seece Gould & Curry
Hale & Norcross
Tonopah
C. O. Diu
Eesseseesee
Belmont
Oldfield
Jim Butler Saaee
Oldfield Kewanas
McNamara
Midway
Great Bend
Montana
North Star
Red Hills
Goldfield
Silver
Nevada Hills
Colorado
Elkton
IcKinney
el Paso
Portland
Findlay
Jenn Isabella
Financial Notes
Girard Trust Co
E. B. Morris
Central Trust Company of
Union Trust Go
Broadway Fifth Ave
38Th St
Capital & Surplus
Harriman National Bank
Fifth Avenue
44Th Street
Joseph W. Harryan L. Kennelly
Frederick Phillips
Robert M. Gallaway
Merchants’ National
Elbert A. Brinckerh
Merchants’ Weeneee
Joseph W. Harriman
Harrimas & Co
Donald MacKay
Edward Holbrok
Ferrecident Gethamet Company
William A. Taylor
Taylor, Clap & Co
Dry Goods Commission
Charles A. Boody
Pe Ple's An Company
Brooklyn
Thomas B. Claree
Marnee Martin Vogel
Vogsi Wast
Ersiman
Thomas B. Clarke, JR
John A. Noble
Tors
Robert G. Lovett
Southern and
Frank L. Polk
Alexander, Watriss & Polk
William KL S.fiegelbergq
L Spiegelberg & Sons
Cotton Commission
Harrison RH. Bird
Banken Samuel
Campbell
Fourth National Bank
Bryan L. Kennelly
Heal Estate
H. Sall
Best & Co
Guaranty Trust Company
Guaranty Trust Co
43Rd Street
Bryant Malin
Nassau St
Lombard St
Travelers’ Letters of Credit
Farmers’ Loan& Trust Company
William St
York
Cockspur St
Bishopsgate
Boulevard Haussmann
ILA
E Bonds
Metropolitan Dept
New York Stock Exchange Tm
New York Real Estate
NEW York Real Estate Security Company
Queens
Greater New York Mortgage Co
Manhattan
Wall Street Journal
Woiltehall Street
St. Louis
U. S. Army
M. Gray Zalinski