Railroad Security Owners Seek Fair Contract Revisions
A public statement by the National Association of Owners of Railroad Securities and its Special Committee urges a fair contract with the Government. It warns that current terms are unacceptable and calls for redrafting to protect security holders while supporting war goals. The groups press for director and stockholder involvement, transparency, and careful negotiation as negotiations continue with the Government and railroad managers.
MENTIONED IN THIS ARTICLE
National Association of Owners of Railroad Securities
Adee
Whic
Railroad Administration
New York
New York, New Haven & Hartford
Grand Central Terminal
Hailway
Davies Warfield
G de Witt Cuyler
Railway Executives’ Advisory Committee
Thittee
Warfield
National Association of Owners of
Washington
Continental Trust Company of
Baltimore
Gordon Abbott
the of Boston
Old Colony Trust Comney
The
Trust Company of Georgia
Atlanta
James Brown
Brown Brothers & Co
John J. Pulleyn
Emirant Industrial Savings Bank of
Newark
McAdoo
Cuyler
Security Holders Committee
Samuel
Securit Holders
Committees . Com
Ives
Samuel Untermyer
B. H. Innes
Marine directors meet reelect officers after stockholders meeting
A special meeting of the International Mercantile Marine Company directors lasted about ninety minutes. P A S Franklin announced the sole business was the re election of all officers following the prior week's stockholders meeting. He noted discussions over selling British properties were not on the table for this directors meeting.
MENTIONED IN THIS ARTICLE
International Mercantile Marine Company
Franklin
New York Chamber Opposes Bank Deposit Guarantees
The New York Chamber of Commerce unanimously adopted a resolution opposing a government guarantee of bank deposits and endorsing the Owen bill. The action followed a circular from Controller of the Currency John Skelton Williams inviting bank views on the measure pending in the Senate. City bank officials said they had not received the letter yet would oppose the bill if it arrives.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
State of
New York
New York Clearing House Association
John Skelton Williams
Senate
New York City
Pet
Mr. Williams
James S. Alexander
National Bank of Commerce
Committee On Finance and Currency
Frank A. Vanderlip
Albert H. Wiggin
William Woodward
George B. Puggree Theodore KE. Burton
Thomas W. Mont
Mr. Alexander
Clearin House
Amber
United States
Losa
Sednes
Fromts
Zune
App
Esterday
Williams
Federal Reserve Board
Walter BE. Frew
Corn Exchange Bank
Clearing House
W. P. G. Harding
Paul M. Warbure
Co. Miller
Frederic A. Delano
Adolph
Charles S.hamin
Treasury Williams
Hudson River
Manhattan
New Jersey
Brooklyn
Secretary of War
New York State
Niagara
St. Lawrence
Postal Service
Calvin D. Tomkins
Inland Waterways Committee
United States Railroad Administration
Mr. Tomkins
G. A. Tomlinson
Railroad Administration
Tomkins
Chamber
New England
Congress
Committees On
House of Representatives
Copper Companies Cut Dividends in War Strain
The Chino, Ray Consolidated and Nevada Consolidated Copper Companies cut their quarterly dividends amid higher costs and taxes. Utah Copper kept 2.50 a share. Nevada and Ray reduced from 1.00 to .75 while China dropped to 1.00 from 1.50. All payouts due June 29 for record June 14.
MENTIONED IN THIS ARTICLE
Chino, Ray Consolidated
Nevada Consolidated Copper Companies
Utah Copper Company
Porphyry Group
China
Nevada and Ray Consolidated Copper Company
Nevada and Ray
Utah
Ray Consolidated
Nevada
War Industries Board
Oe Fe
Mod
Able
Record Company
Allis-Chalmers Pf
Accum
Art Works Oa
International
Bo Ae
Steel Sfoot Asset Ae
Elec
la Chino Copper
Cluett-Peabody
EL L. & P. Abingt
Roch
Lec. Stor
Com
Finance Co
P. Ist Pt
Abene & Seewre Be & Ex
Gen
Signal In
SPE
Tech. Consol Sere
la Nevada
Ray Consol & IL. Pf
Field Ity. Eeuseve
Utah Copper
Willys Overland
Auction sales report of various securities sold by Muller & Sons
The Auction Salesroom sold multiple securities for accounts of executors and others. Items include 5 shares United Gas Electric first preferred at $100 par, 100 Windsor Print Works common shares, 41 8 Hudson County Consumers Brewing bonds, and 6 per cent York Botting Company bonds due 1935 with semiannual interest.
MENTIONED IN THIS ARTICLE
Adrian H. Muller & Sons
New York Law Institute
Wham I
United Gas Electric Corporation
Conn
Windsor Print Works
Hudson County Consumers Brewing Company
York
Receipts and Expenditures From The New York Times
Washington June 6 Receipts and expenditures this month show total receipts 85 million 811 thousand 215 dollars for 1900 figures and 1 762 741 190 for the prior period. Expenditures total 941 046 802 dollars for current totals and 6 852 416 311 for the previous period. Excesses and miscellaneous revenues are listed in separate line items with large figures for old and new totals.
MENTIONED IN THIS ARTICLE
The
New York Times
Washington
Ord Tn
Bank of England weekly statement shows reserve rise
London June 6 the weekly Bank of England statement shows reserves increase with Total Reserves at 461000, Circulation 048,848,028, Public deposits 2892000, Other deposits 3885000, Notes reserve 469000, Government securities 07884,000. Reserve to mobility stands at 17.82 percent, up from 17.80 last week. Discount rate remains 6 percent.
MENTIONED IN THIS ARTICLE
London
Bank of England
Reessercresseereeee
Paris
Bank of France
France
Financial Operations Of The City Revenue Bonds
City financial ledger item shows revenue bonds totaling about 89.86 million and notes around 9.13 million with details from 1918. The fragment references 5 million and 1,000,000 scales, indicating large municipal debt and revenue instruments.
Federal Reserve Cuts Check Charges Nationwide
Benjamin Strong governor of the Federal Reserve Bank of New York issues a circular to member banks announcing the suspension of check collection service charges starting June 1. Out of town checks will no longer incur a 1 cent fee. Telegraph transfers to banks in other districts will be at par with no telegram cost. Private telegraph lines will link the twelve Federal Reserve banks. Banks are urged to report monthly average reserves and beware penalties for reserve impairment set at 2 percent above the ninety day discount rate.
MENTIONED IN THIS ARTICLE
Benjamin Strong
Federal Reserve Bank of New York
Boston
Reserve
Strong
Reserve Bank
Federal Reserve Banks
Averee
Deral Reserve Bank
Reserve Board
Financial Notices From 8.8. Kresge and Related Firms
Kresge declares semi annual 2 percent dividend on common stock up from 1.5 percent, with 1 percent quarterly on preferred, both payable July 1 to holders of record June 15. Allie-Chalmers Manufacturing declares 0.75 percent additional preferred dividends plus 1 percent regular, due July 15 to holders on June 29. Black Exchange seat transferred to Matthew J. Hoey for 55000. Cincinnati Gas two year notes ready for delivery at Central Trust. H A Kabler offers 525000 City of Syracuse 6 percent bonds tax-exempt to yield 4.10. Babcock joins JG White Management. Strahman resigns as VP of Madison Trust for health. Alfred E. Risse named head of short-term note department.
MENTIONED IN THIS ARTICLE
Kresge Company
Allie-Chamters Manufacturing Com.y
Black Exchange
Robert W. Locke
Matthew J. Hoey
Cincinnati Gas and Company
Central Trust Company
H. A. Kabler & Co
Syracuse
Seria Bonda
D. L. Babcock
A. B. Leach Co
J. G. White
Hen C. Strahmansa
Madson Trust Company
Alfred E. Risse
Mosher's Baking Company Dissolution Certificate Issued
State records show Mosher's Baking Company, a domestic stock corporation, filed for voluntary dissolution under General Corporation Law Section 221. Certificate issued in duplicate by the Secretary of State on May 21, 2015, with seal affixed. Witnessed in Albany.
MENTIONED IN THIS ARTICLE
State OF New York
THES
Mosher’s Baking Company
Much Corporation
Jary
E Bab
Peatay
Jasia
Fae Bun Aighteen
W. Taft
Also Mentioned on This Page
Garfield National Bank
23Rd Street
Fifth Avenue
American Tobacco
Scrip
Rabeeck & Wilcox
New Jersey Zinc
Otis Elevator
Rh. J. Reynolds Stock & Rights Standard Coupler Tobacco Products
Montreal
Toronto
Nisgunnesg A Stock Exchange
Cotton Exchan
Klet L
Garlh.pforzheimer&co
Standard OU Securities
Hudson-Co. AY Stock Duchange
Broadway
St. Oole, Henry & Co
New
Standard Oil
C. C. Kerr & Co
Wall St. N.Y
Mr. Warfield
State Chamber of Commerce
Owen Bill
Pted
Chino and Ray and Nevada Consolidated Act
Hudson
Railroads
Minneapolis
Paul
Sault A
Chicago
Pittsburgh
West Virginia. Railway Co
Weatete Bell Railroad Co
Ratland Railway
ER & Railways
Georgia Light
Pacific Gas
Blic Railwway & Nowe Co
Sur
Wrest Pen Sowri. Co
Boston Curb
Ask Bid
Ark
Amer
Iron Cap - Bay State Gas
Majcetic
Black Hawk
Bohemia Oy
Boston Ely
Ig Calaveras Ie
Td Sz Crown Res
Nixon
Aris
Oneco
Cortes Ib Onondags
Miami
Eagle & Ri- Bis
Fortunas
Houghton
Yukon
H. & F. W. Peizerene N. Y. Stock Exchange
AA. Housman & Co
New 3 Stock Exchange
Cotton Exchange
W Y. Coffee & Sugsr
Liggett & Drexel
New York Stock Exchange
Conservative Investments
Philadelphia Wattate
F. M. Dyer & Co
Broad Street
Reece
John Nickerson, Jr
Hector
Knanth-Nachod & Kahne Equitable Building
Litan Trust Co
Wall Street
Mark A. Noble Noble
Chese
Commer Telephone
Theodore C. Corwin
Corwin
Columbia Trust Union Trust
Balt
Ohlo Sane
Buff., Roch. & P
Canadian Pacific
Chesapeake & O
Chicago & N W
Pac
Louis. & Nash
Missouri Pacific
Mobile & Ohioentral
West
Norfolk & H
Fs Bap
Tee Gen. Free
Penn
Seaboard Air L
Sinclair Refining
Southern Railway
Ifs Pacific
Southern
Union Teak Line
Treasury Statement
Solal Revenue
Eee
Eaetee
Financial Notes
Colombia
Mercantile Bank of the Americas
American Mercantile Bank of Columbia
Barranquilla
Cartagena
Paris 11 Blvd
Haussmann
Pine Street
Barcelona
Fernando
Certificate of Capital Issues Committee
Santa Barbara
Cal
Water Works
Santa Barbara County
Los Angeles
Davenport
Iowa
General Corporate
Scott County
A. B. Leach & Co., Inc. Investment Securities
Cedar Street, New York
Buffalo
Philadelphia
Cleveland
Farmers’ Loan and Trust Company
William Street
Forty-first Street
Federal Reserve Bank and
New York Clearing House
Guardian
Financial Notices
Kings County Lectric
Bigetric Light & Power
Alain Electric Juminating Company
Ita
Borough of Manhattan
City of New York
Central Trust Company OF New York
Todd Shipyards Corporation
Montague Street
Treet
Brooklyn Trust Company
Pennsylvania Company
Accent
Ing
Merriges Edison Et
Cony
Or & Q
NEW York Trust Comp
New York Security & Trust Trustes
G. Curts
Homestake Mining Company
Derectere
Bacon County
Georgia
National Park Bank
Department of Agriculture
James H. Gilbert
George M. Forman & Company
S. la Salle
Straus Investors Magazine
S. W. Straus & CO
Broadway Fifth
Stutz Motor Car Company of America, Inc
Wall Bt
T Pany
William N. Thompson
Traaus
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