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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 08, 1918

Page

16

CITY'S ACTION MAY HALT SUBWAY WORK

Officials clash over funding as subway contractors and city agencies dispute a proposed $25,000 weekly aid to meet higher wartime wages. Controller Craig calls plans unlawful. Public Service Commission and contractors urge rapid settlement to avoid work stoppage.

Craig Ilegal Public Service Commission Board of Estimate Richmond John B. McDonald Stelso Mey Public Service Teibenlecion Com Froderick L. Crawford General Contractors’ Association Lockwood Rct Board of To Commis Public Co Commission Ransom Dickering Public Service Com

Treasury Statement Shows Monthly Receipts and Expenditures

The Treasury reports total receipts for the month at 948,806,021 dollars and 1,174,824,900 dollars for the year to date. Expenditures amount to 226,145,623 for the month and 6,118,187,065 for the year to date. The figures cover income and excess profits tax, miscellaneous revenue, and related items.

Washington

Treasury to Apply Accrued Interest on Tax Certificates

Secretary McAdoo approved using accrued interest to June 15 on Treasury certificates for income and excess profits tax payments. Certificates totaling 1.544 billion dollars due June 25 will be accepted with interest to June 15 for tax payments, with post June 15 redemptions carrying interest to June 25. Internal Revenue Commissioner Daniel Roper urged taxpayers to pay by June 15 to avoid penalties and bring tax bills to collectors.

Washington McAdoo Treasury Internal Revenue Collectors Daniel ©. Roper Internal Revenue Commissioner Decisio Roper

Fight Over Canadian Car Management Sparks Stockholder Action

A stockholder committee led by Willard H. Jones Harry R. Hillard and William A. Shakman with Louise Beaubern and Michael Connolly calls for change at Canadian Car and Foundry Company Limited. They sent a circular urging support for an annual meeting on July 16 and vow a thorough investigation into company affairs amid past losses from its Kingsland shell plant fire and recent profits from Russian contracts. Nathaniel Curry, former Canadian Senator, has long headed the firm.

Canadian Car and Foundry Company, Limited Willard H. Jones Harry R. Hillard William A. Shakman Louise Beaubern Michael Connolly Montreal Canada United States Canadian Car and Foundry Company New York Kingsland, N. J Nathaniel Curry

Copper output rises in May across major producers

Three of four porphyry copper firms show May production jumps from April. Utah Copper produced 18.2 million pounds, Bay Consolidated 8.12 million, Nevada Consolidated 7.0 million, while Inco and others fell short of May 1917 levels. Ray Consolidated gains 104,729 pounds year over year.

Porphyry Copper Companies Utah Copper Company Bay Consolidated Nevada Consolidated Ino Company Utah Chino Ray Consolidated

Bank Directors Elected and Stock Raised Plans

Harry T. Ramesdell of Buffalo and George H. Prince of St. Louis are named directors of the American Foreign Banking Corporation of New York. Yorkville Bank stockholders approve raising capital from 100000 to 200000 and seek Federal Reserve System membership. Havana Tobacco reports 299275 income in the year ending December 31 with a 178007 decline from prior year and a 477080 deficit after expenses versus 243057 in 1916.

Harry T. Ramesdell Manufacturers’ and Traders’ National Bank of Buffalo George H. Prince Merchants’ National Bank of St. Louis American Foreign Banking Corporation of New York Yorkville Bank Third Avenue Federal Reserve System Havana Tobacco Company Ifit Jonbright & Co H. M. Brydlesby Co

Bankers Urged to Aid Acceptances at Sixth Reserve City Meeting

Delegates at the sixth annual Association of Reserve City Bankers convention in New York heard calls for mission work in acceptances and for stronger foreign exchange controls. Officials including Fred I. Kent of the Federal Reserve Board outlined government policy, while Albert Breton urged a robust credit system after the war. Elections named Thomas B. McAdams as president and George B. Smith as vice president, with directors chosen and next meeting set for New Orleans.

Association of Reserve City Bankers Hotel Astor Fred I. Kent Bankers Trust Company Division of Foreign Exchange Federal Reserve Board Fed Ral Reserve Board United States Albert Breton Guaranty Trust Company Morton Hay Bernhard, Scholle & Co New York Charles W. Dupuis Citizens National Bank of Cincinnati George B. Smith Continental and Commercial National Bank of Chicago Eugene W. Stetson Thomas B. McAdams Merchants’ National Bank of Richmond Association John W. Staley People's State Bank of Detroit George H. Dunscomb First National Bank of Chicago W. M. Fell Bank of Pittsburgh J. D. Gillespie Tenison National Bank of Dallas George Rodgers Manufacturers and Traders National Bank of Buffalo New Orleans

Public Utilities Blocks Snapshot From Various Jurisdictions

A scattered OCR reading lists multiple utility and power company cases and citations. It references Alabama waters, Appalachian Power, Cincinnati Gas and Electric, Commonwealth Electric, Dallas Electric, East Texas Electric, West Power, and Maryland/Indiana line items, with year marks from 1927 to 1956 and abbreviations suggesting opinions or case citations.

Alabama Cincinnati Gas & Co Commonwealth Ist Conn Power S Dallas East Tex Aso Flec West M. Ry Low Steeenee TOM Ask Aon Adiron Elec Misa River Power Fower T Miss Gas & Filectric Gas &Elec Northern Ohio Am. Light & Traction North Am Light & Trac Am Power & Light Nor States Power Public Northern Texan Electric Public Utilities Nern Tex Pacific Gas & Electric al Am W. & E. Partic Pacific Gas & Frec Carolina Power & Light L. &Pp Carolina P L. Pf Colorado Power Light Secur Light Republic Ry Columbus Elect Republic Ry Thern Cal Ath. Cal. Edison Pt Conn Power of Seweeere Standard Gas Consumers’ Power Stand, Gas & Elec Dayton Power & L. Pf Tampa Electric Texas Electric Texas Elec Jenn. Ry Paso Filectric Texas Power & Lt Paso Electric Tri-City Electric B. & S. Pf Hited Light & Rys Empire Dist Ederal Light & Trac Nash. I. W. 1 Federal Lt Trac Western Power

Out of Stocks Report Shifts in Local Trade

Fragmentary market notes show fluctuating sales and price marks across multiple firms. Several entries note percentage changes and stock availability, highlighting uneven demand and inventory gaps in the local business scene.

Stock market snapshot with mixed quotes and yields

The page shows diverse securities with varied last prices and percentages across railroad, utility, mining and industrial stocks. Foreign and domestic exchanges list bonds and notes, including Liberty bonds and provincial issues, amid fluctuating bid and offer levels.

Consolidated Exchange Ends With Mixed Dull Session

Fractional declines tempered by midafternoon gains on the Consolidated Stock Exchange faded as selling pressure emerged late in trading. Final quotations finished above the day’s lows, though the closing tone remained subdued.

Consolidated Stock Exchange

Cotton Market Sees July Contract Pressure Amid Demand Uncertainty

The July cotton contract drew most attention as traders weighed real demand against available supply. Prices fell 41 points for July while new crop stayed fair and mildly active, closing with July premiums eroded before late covering and profit-taking. Spot cotton in local markets dropped 45 points. weekly New York and Liverpool quotations show mixed movements with futures opening firmer and closing lower.

BNO Marsh Galveston New Orleans Savannah Augusta Sic Memphis Houston Little Rock New York New York Cotton Exchange Liverpool Cables Manchester

Government wheat report signals record crops and strong markets

The government report on wheat and other grains shows acreage above last year with spring wheat up 21.5 cents and high crop conditions. Winter wheat at 6 percent versus a ten year 50.7 average, spring at 96.2. If harvest holds, ample supply for home use and exports to Europe. Market notes: No. 2 Western $1.96, Minneapolis up 20 cents, corn and coal prices also steady amid West weather gains.

Lew Rolle Oo Br.Am Lew P Jos.lad Ltd. Motors tCuprite Ee Meraida Sul Leestina Aero Eyst.t.& R Lima Loco Wr.m. Air Prairie P KOO Y.-Ok tCoaden & Co E P M. Wells Iterty Atlanta Aurora Canada Troy-Ariz Caine Wilbert WSS Ay Lan MS Kenne Lehigh Val H& le Midvale Steel Beth Bkiyn R. T Butte & Sup South Studebakers Ches. & Ohio U. SB. Steel Utah Copper Dist. Secur Erte States Willys-Over Gen Motors Liberty Farmers of America America Europe West New York Chicago

Market snapshot shows oats and coffee shifts with provisions edge

The oats market held firm briefly on demand for grains while coffee futures gained then faded as traders faced liquidation. Reports indicated a crop near 1.5 billion bushels, with local prices for oats steady to firm. Provisions showed modest activity with firmer meat values and Chicago hog numbers around 5,000 head. sugar trade plans to close for the day.

Orn Chicago

Weather Outlook Across Cotton and Grain States

The forecast covers multiple states with varying conditions. Texas and Arkansas expect cloudy skies Saturday with warmer Sunday, while Louisiana mainly cloudy over the weekend. Tennessee and Kentucky look fair Saturday and Sunday with cooler or warmer shifts. Ohio Indiana Michigan remain fair and warmer, with Michigan also cloudy Sunday. Florida Alabama Mississippi anticipate thunder showers Saturday and fair or warm conditions Sunday.

New York Times Washin Fla Ala Miss Ohio Ind Sun Ark Okla

Boston Curb Market Prices for Various Stocks

A fragmented listing shows bid and ask figures for numerous securities, including Bos Gas, Hawk, Mont, Crown, Calaveras, Cortes, Fortuna, Houghton, Mex Metals, Nat Z & L, New Doug, Nix Nevada, and Verde B, with varied price quotes and partial descriptors. The text reads like a brokered catalog of trading values with many incomplete entries.

Hegole Hawk Bohemia Hos Ely Flos Mont Butte & L Bos & Ariz Calaveras Crown Res Con Ariz Cortes Champ Fortuna Houghton Baltic Cornelia New Doug Nix Nevada Miami Verde Victoria Aise Yukon

State Bankers Program Set for Atlantic City Convention

Edward J. Galilen announces the New York State Bankers Association annual convention to be held June 20 and 21 at the Hotel Traymore Atlantic City. Speakers include Robert Treman Deputy Governor of the Federal Reserve Bank of New York and S H Beach president of the Savings Bank Association of New York. The National Bank section meets Thursday morning led by William Malburn.

Edward J. Galilen New York State Bankers Association Hotel Traymore Atlantic City Robert H. Treman Federal Reserve Bank of New York S. H. Beach Rome N. Y Savings Bank Association of State of New York Reserve Systerm George L Skinner State of New York H. O. Jefferson Federal Reserve Rests Roy H. Griffin Citizens’ Commercial Trust Cmpany W. G. Avery Erenanary Guaranty Trust Company E. de Cartier James M. Beck William Arnold Shanklin Wesleyan University George Wharton Pepper Philadelphia National Bank Section William P. Malburn National Bank

Butter Market Receipts Mixed Across Grades and Stocks

The report details receipts and selling values for butter and eggs with varying grades. Strong support for certain butter grades contrasts with steady or unchanged prices in others while packing stock remains short at the creamery.

Essa Pennsylvania Hennery Hen

Also Mentioned on This Page

Faile Pat Blame Treasury Statement The Lspeaggiures Canadian Car CO Committee of Shareholders Buff Chen Chicago & N. Ww Chickasaw Ccc & St. L del & Hudson Erie Railroad Iillneis Central Seals & Nash Mid Central Kan Texvis Mobile & Ohio N. Y. Central Norfolk & West Sinclair Refining Southern Pacific Southern Union Tank Line Able Cal Petroleum Pf Little Schuyl Manati Sugar Ottawa Reyne- Mull A & I.pf Ake Motor Car Lis Twin City RT. Pf Youngs. Sh. & Tube Metal Market Report London Tepterier Wegenter Uv Cee Weneteegersssees Nes — Nee Financial Notes Fry United States Govt Panama New York City Ooe Ee Tass Mets Ig. Ee Colden Con. Power Elkhorn Houston Ot Ltimore Poole Penn Ms FE. Stor Phil R.t.t.c Relm't Lehigh Nay Union Trac Stn. Co. N.J Steel UTS Plec Boston Michigan Owe Aris Com North Butte Cal. & Hee Pond Creek Centennial Quincy Mse Davis-Daly Bi Abe Hancock Helvetia mi Indiana Island Creek Utah Metal Isle Royals Lake Copper Wolverine Boston & A Masa Elso Dopfteeene Ba Boston & M New Haven Old Colony West En Mass. Gas Am. A.C. Pf Am. P Mergenth'r O Swift United Fruit United Shoe Art Metal Beenee Century Steel Edison Ae Island Loew's E. Tel. Sa Chicago Brecks Laat Tech.Ry Ser Stew. Warn Swift & Eas Com. Dison Dia Tindsay Lt UN. R Carbide Ward Pf UN. Paperbol Pub. Ser. F. S Wilson Chi Tel Sa Swift Ist Vesthauantieke Reece Standard Oil Industrials Thureday Br. Mfg Am.Br W. P’r Latlantic Pet. Cos. & Co Dixie Gas Carwen Bteei Ne Midw Curtiss Aero Cramp Ship Bi Pan Arm ‘Et. m Curtiss A Pierce Veen Avoy Isinclair Gulf ITI Stockton Mesgeenesee Butte Detroit Une BF Soak Butte N, Y Lake T. B Booth L. Val. C Cashiro Marlin Rock Cerro Jordo Arizona Marco.of Amate Con Home N. Y. Shipl'g Fortuna Cewre Ue N. Y. Tran Penn, C. & C. Bl Goldfd Great Bend S. Steel Green Monster Logan C. Shea Jerome Pres Sore U.S.L H.pt Pierce Ol Yester- Th’oreda Angio-Am. of Penn.-Mex. Fuel Co Antic Refining Prairie Ol] & Gas Son e-Scrymaser Prairie Pipe Buckeye Pipe Solar Aefining Chesebro Southern Pipe I Colonial “_ Mfg Eee South Penn Crescent Cal Cumberland Eureka Qalena Ky Quao Galena Sig N J Int. Pet. Co. Ltd National Transit Bwan & Fine Tranalt Upton Tank Northern Pipe Eastern Steel Hercules American Brass Atlas Niles-Rem Penn. B. B Co Babcock & Wilcox Scovill Mfg Wees Thomas Iron Co Winchester Arms Yester- Thurs Yester Consolidated Exchange RYE Minneapolis Wall Street Aubuse Secorers BOF .C.cse Ebse Zean Park State Bankers’ Program Farmers’ Loan and Trust Company William Street Fifth Avenue Pall Mall, East S. W Old Broad E.C Paris Boulevard Haussmann Cours du Chateau Rouge United States Army France United States Treasury Department Federal Reserve Bank and New York Clearing House Capital Issues Committee City of Philadelphia Thomas B. Smith
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