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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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