Cotton Market Slips After Sharp Late Decline
The cotton market opened steady and eased into a late trading drop with October contracts down from 22.40c to 21.95c and the full list posting a net decline. News of easier Southwest spot basis and improving crops weighed on prices while the first Texas bale expected next week added sentiment. spot market stayed at 23.20c.
MENTIONED IN THIS ARTICLE
Southwest
New Orleans
Texas
Oly
Luyers
To &E
Cubas
Earnings data for railroads and utilities April 1917
Combined earnings report lists gross and net after tax figures for multiple railroads and utilities including Great Northern, Illinois Central, Texas & Mexico, Rutland Rates, Yazoo & Mississippi, Ontario Power, Pacific Power & Light, and Appalachian Power for periods in 1916 and 1917. Details include month and quarter grosses, five month totals, and after tax surpluses, with notes on surpluses before and after digress.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
Louisville
Annes
Ovens
Hgreat Eontern Railway CO
Lommes
Illinois
MTRAL
Texas & Mexico
Yazoo & Mississippi
Appalachian Pe CO
Ontario Power CO
Niagara Falls
Ontario Transmission CO. Ltd
Pacific Power & Light CO
American Power & Light Co
Southern Oatorais Gas Co
Southern California Gas Co
Groep
Financial quotes and bank statement items from Paris
The text lists percentage bids and asks for railroads and companies, plus late 1910s bond figures, then shifts to a Paris Bank of France weekly statement: gold and silver in hand, currency in circulation, treasury deposits, general deposits, and bill discounts. The items include numerous named firms, rail lines, and numbers, with a final note on francs, gold, silver, and banking figures.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Liberty National Bank eyes tripling capital to 3 million
Directors seek OCC permission to raise capital from 1 million to 3 million and move 1 million from undivided profits to surplus. Existing stockholders would receive two new shares at par for each share owned. Bank assets total about 53 million with 2 million surplus and 77.4 million deposits. Harvey D. Gibson is president and Daniel G. Reid is vice president. American Locomotive buys Seaboard Steel Castings Company in Chester, Pennsylvania.
MENTIONED IN THIS ARTICLE
Liberty National Bank
B K
Harvey D. Gibson
Daniel G. Reid
American Locomotive
American Locomotive Company
Seaboard Steel Castings Company
Chester
Penn
Fpenn-Seaboard Steel Corporation
Seaboard
Tide Water declares regular dividend and extra payout
The Tide Water Oil Company announces a 2 percent regular quarterly dividend and an additional five cent per share dividend. Governor Whitman signs the Thomson bill affecting a Brooklyn transit consolidation into a single public utility, amid scrutiny of rail holdings. Nassau National Bank of Brooklyn names G Foster Smith as president after D W B Hegeman retires due to ill health. Bayne of 4 National Bank named manager at the firm of Merbeg.
MENTIONED IN THIS ARTICLE
Tide Water Oil Company
Whitman
Thomson Bill
Brooklynapid Transit Company Holding Company
Nassau National Bank of Brooklyn
G. Foster Smith
D. W. B. Hegeman
Gonef & G. Bayne
4 National Bank
Merbeg
Fanning, Buck & Co
Westinghouse to sell British controlled stake in English unit
Westinghouse Electric and Manufacturing plans with British interests to sell its controlling stock in the English Westinghouse Electric and Manufacturing Company separating from European allied holdings. The transfer aims to ally British and American interests with London based organization while maintaining a minority stake. Pere Marquette Railway reports April earnings with net income of 774 506 and a surplus of 368 889 after operating revenues of 2 145 087.
MENTIONED IN THIS ARTICLE
Westinghouse Electric and Manufacturing Company
Westinghouse
Guy E. Tripp
London
Comny
Perne British Westinghouse
Comany
Pere Marquette
Pere Marquette Railway
New York State Sees 37 New Corporations Formed
Albany June 7 Thirty seven new corporations with aggregate capitalization of 1 500 100 were chartered today including Cazenovia Sand and Gravel Elmira Niebel Bros Co Dunkirk Rochester Grain and I Corp Manhattan and Amalgamated Products Co among others. Capital increases and dissolutions also reported with several firms expanding or ending operations.
MENTIONED IN THIS ARTICLE
New York Times
Albany
N. Y
Cazenovia Sand and Gravel Corp
Elmira
Lowman
M. D. Gibson
L. Henry
Niebel Bros. Co., Inc
Dunkirk
G. J
W. I. Nieberl
Rochester Grain and I Corp
Rochester
G. R
R. J. Bante
G. R. Miller
Rochester J.S. Development Corp
Manhattan
W. L. Bweet
E. J. Rone
E. J. Lacher
Broadway
H. and
F. Match Machine Corp
Manhat
M. L. Arnstein
W. Rosenthal
R. Irshman
West 114Th St
Superior Shoe Co., Inc
Brooklyn
Jani A. Goldberg
B. Quicksilver
Vernon Av
Permante Storage Pattery Co., Inc
Skeepsie
J. B Schlanger
L. Gliman
G. A. Cymberg
Croton Point Co
D. J. O’sullivan
L. Angell
J. K. Green
West
H. Topping
A. W. Palmer
M. Il St. John
Cedar St
Popular Stationers and Tobacconists, Inc
Stationery and Tobacco
J. Simon
A. Ryskind
Peretzky
Joseph
Kaempfer Inc
J. G. Kaempfer
J. Kieter, Co
J. White
Greenwich St
Hudson Dress Co. Inc
Children’s Apparel
J. Ehrenstein
J. Sondheim
D. Price
Charter filings list real estate and warehousing firms
Executive Realty Company of Hackensack and others file charters including Real estate ventures with valued amounts. Dependable Warehouse Company of Weehawken begins general warehousing. Names include Clarence Mabie Bergenfield Elmer Mabie Teaneck F H MacAuley William F Harney and others.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Executive Realty Company
Hackensack
Geal
Clarence Mabie
P. Bie
Bergenfield
Elmer Mabie
Teaneck
Dependable Warehouse Company
Weehawken
F. H. MacAuley
William F. Harney
N. 8
Schloeder
Union Hii
Power Mel firm plans ship building and oil ventures
Mel Power and associates form a Wilmington Delaware group to build and operate steamships and mine oil stock ventures. The plans include funds of 20 million for ships and 3 million for oil and gas, with several New York based incorporators listed.
MENTIONED IN THIS ARTICLE
New York Times Power
Mel
Merchant Ship Building Corporation
Arthur HT. McKinestrey
Hugh R. Partridge
New York
William D. Hart
the Brook
Kansas
Utah Consolidated 611 Co
Wm. F
Penn
Coal & Coke
Paragon Refining
Cleveland
Aancseas
City
Columbus
Ware & Leland
New Chicago Board of Trade Telephones
Broadway
N. Y
Wheat and Commodities Market Snapshot
The Chicago wheat market eased after an early gain with prices uneven at close. Corn and oats showed firm start then slipped. hog products remained quiet with late buying support. Sugar futures drifted lower while refined sugar held near parity. refined gums and Cuban raw sugar saw limited activity amid steady closes.
MENTIONED IN THIS ARTICLE
New Times
Harwin
Texas
New York
Chicago
Butter and Egg Market Rises on Speculative Demand
Receipts yesterday show 8 668 packages of butter and 26 505 cages of eggs. Market remains unsettled with further declines in all egg grades while creamery butter and some egg classes edge higher amid firmer buying.
MENTIONED IN THIS ARTICLE
ST Gade
Pennsylvania
Western
Hennery
State
Thennery
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Rector St
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OSEPH
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A. E. Fitkin & CO
New York City
Tel. Cort
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Telephone
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Tefft & Co
Nassau St
Newark City
S. W. Straus & Co
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Keyes, Haviland & Co
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New York York
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Casualty Company OF America
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the of New York
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Eall
Borough of Manhattan
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Mit