Overcapitalization in Railroads and Its Rate Impact
The Economic Club of New York heard Stuyvesant Fish and Fran cis Lynde Stetson discuss overcapitalization in railroads. They argued that while bond indebtedness can reflect credit, stock overissues affect rates only under state regulation, and public utility safeguards can curb improper stock and bond issues.
MENTIONED IN THIS ARTICLE
Economic Club of New York
Stuyvesant Fish
Illinois Central
Charles A. Conant
Henry Clews
John Bates Clark
Columbia University
Francis Lynde Stetson
Stetson
Southern Railway Company
Erie
Roosevelt
Indianapolis
United | States
Charles O'Conor
Barry Vs
Merchants’ Exchange Company
Sandford
Public
Public Utilities
The Outside Securities Par Value Noted After Stock Names
The document explains par value of shares when not $100 is inserted after the stock name. It indicates that par value placement varies and may be shown adjacent to the issuer name in trading records.
Trust and Surety Data From an Old Ledger Fragment
A garbled OCR fragment lists numbers and dates related to trust and surety companies with figures such as 1,000,000 and 500, and scattered month dates like May 6 07 and Jan 3 07. The text resembles a financial ledger segment showing bonds, premiums, or policy values without coherent narration.
Street Railways Maturing Notes Raise Dividend Talk
Industrial notes from 1906 detail railroad and street railway financings with mentions of extra dividends, stock issues, and maturities. Projected payments and dates are noted along with rights to new stock and other fiscal actions by railway concerns.
Obviating Overcapitalization by Omitting the Dollar Mark
A speaker argues that removing the dollar sign from stock certificates could curb railroad overcapitalization and public discontent. He cites testimony to the 1800 Congressional Industrial Commission and the Ore Certificate under James J. Hill, warning against replacing the practice with other evils.
MENTIONED IN THIS ARTICLE
Congressional Industrial Commission
James J. Hill
Weeklong calendar of dividends and meetings for railways and mines
The calendar lists June 10 to 15 items with books closing for dividends on preferred or common shares, annual meetings, and dividend payments. Companies include American Malting, Brooklyn Union Elevated, Chicago City Railway, United States Leather, Waltham Watch, American Chicle, American Smelting, and many others across railways, mining, and manufacturing industries. Dates span June 10 to June 15 with record dates and payment notes.
MENTIONED IN THIS ARTICLE
American Malting Corporation
Atlantic Coast Line Company
Brooklyn Union Elevated Railroad
Butte Electric and Power Co
Central Leather Co
Chicago City Railway
Chicago Edison Co
Childs Co
Consolidated .Concessions Co
Daly-West Mining Co
Electric Properties Co
Erle & Pittsburg Ra&lway
Globe-Wernicke Co
Tnterborough-Metropolitan
Kansas City Southern Railway
Morris &Essex Railroad
National Enameling and Stamping Co
American Caramel Co
Farmers’ Loan and Trust Co
International Steam Pump Co
Nassau Electric Railway
United Traction & Electric Co
Providence
United States Realty and Improvement Co
Chicago, Indianapolis & Louisville Railway
Dee Junction Railways
Union Yards
Ingersoll Rand Co
United States Steel Corporation
Oe Bleaching Gas Co
Greene Railroad
American Chicle Co
Es American Smelting and Refining Co
Celluloid Co
Chicago
Rock Island & Pacific Railway
Granby Consolidated Mining, Smelting & Power Co
Manhattan Railway
National Lead Co
Niles-Bement Pond Co
Alabama
Consol. Coal & Iron Co
American Express Co
American Graphophone Co
American Pipe Manufacturing Co
A . American Railways Co
Philadelphia
American Snuff Co
American Telephone
Telegraph Co
Diamond Match Co
Mahanoy Railroad
du Pont de Nemours Powder Co
Eden Musée American Co
Equitable Illuminating Co
Philadelphe
Federal Mining Smelting O
G _ Co
First
Guggenheim Exploration Co
International Paper Co
Laclede Gas T Co
Lynchburg
Traction & Light
Mackay Gas
Mohawk Mining Co
National C O
New York & Horton
New York, Lackawanna — Western Railroad
Northern Chiotion & Light Company
Pa Phia
Pittsb
Fort Wayne Chicago Railway
Iviae
Spe
Weekly curb transactions show varied price ranges across multiple stocks
The report lists week ending May 8 curb trades with highs and lows for Industrials, Railroads, Mining and more. Notable figures include Am T&T at 55 25 45, Am Tobacco 325 820, and Western Paper 1% 1% with varied changes, plus numerous mining issues and bonds showing mixed activity.
MENTIONED IN THIS ARTICLE
Tobacco
W. Paper
W. P. Pf
Consol
Electric Boat
Havana
Meer. Co. Am
N.y.&c.m
Cigar Mfg
Waterbury Co
West
Ice Co
Chicago
Manhat. Tran
Noc
H. Low
Alaska
Barnes K
Hingham Cen
Bonanza Crk
Boston
Brit. Col
Butte Coalit’n
Zies Ag
Butte & N. Oe Ae
Colusa-L
Con. Ariz
Cumb.-Ely M
Davis-D. Est
Dom. Sopper
Douglas Com
Elyo
Os &Y
Ely Central Ae
Ely Consol
Foster Cobalt
Fur
Giroux Mining
Gold Hill Cops Am Ty Ae
Goldf. G
Greene C.aie
Greene Con. C
Greene G
Greene Meshas O Oo
King Edward
Micmac G. M
Mines C. of A
Mitchell Min
New
UMA SB
Phoenix Secur
Portland
Oe -Pitts. L
Stewart Min
Tonopah
Belmont
Tramps
Trethew
Trinity
Union. Mines
United Copper
United Cop
P. Se
Con. B
Inter. Balt
Bo. Fl L
P. Anares
U. F. PY
Estate asset ledger shows notable heirs and values
Asset listing details cash stocks and bonds totaling 66,983,023.93 with bonds and mortgage 513,253.27 loans 140,500.00 interest 66,983,023.93 and mentions individuals George R. Shelder Ames W. Tappin Oakleigh Thorne Robert B. Van Cortlandt W. K. Vanderbilt Jr. P. A. B. Widener.
MENTIONED IN THIS ARTICLE
George R. Shelder
Jon . Psnincesames W. Tappin
Oakleigh Thorne
Robert B. van Cortlandt
W. K. Vanderbilt, Jr
P. A. B. Widener
Bank of America 1907 financial report certification
The document records capital stock surplus and profits deposits for The Bank of America with figures for A. D. Bissell and E. J. Newell among others. It includes a sworn affidavit by William H. Perkins and Walter H. Perkins, president and cashier, affirming the accuracy of the report and noting compliance with Banking Law requirements and a June 4 designation for the reporting date. The notary public certificate is dated June 7, 1907.
MENTIONED IN THIS ARTICLE
State of New York
County of New York
William H. Perkins
Walter H. Perkins
Bank of America
Wall Street
City of New York
Sania
Lews
Walter M. Bennet
E. J. Corcoran
Notary Publi Kings Co
New York
Dividend and meeting records for multiple companies
Roanoke Railway and Electric Co dividend payable. 55 Rubber Goods Manufacturing Co dividend payable. Saint Louis and San Francisco Railway books close for dividend on first preferred and for dividend on Kansas City Fort Scott and Memphis stock trust certificates. Sears Roebuck books close for dividend on preferred. Shannon Copper Co books close. Standard Oil dividend payable. Standard Steel Chain dividend payable on preferred. Swift and Union Pacific Railroad special meeting. United Shoe Machinery annual meeting.
MENTIONED IN THIS ARTICLE
Roanoke Railway & Electric Co
Rubber Goods Manufacturing Co
St. Louis & San Francisco Railway
Kansasity
Fort Scott & Memphis Stock Trust
Sears-Roebuck Co
Shannon Copper Co
Standard Oil Co
Standard Steel Chain Co
Swift & Co
Union Pacific Railroad
United Shoe Machinery Co
Public Health Sealed Bids for Riverside Hospital Extension
Sealed bids or estimates for labor and materials to erect and complete an extension to Riverside Hospital on North Brother Island are due by 9 45 A M on Tuesday June 18 1907. Bids issued by the Board of Health of the Department of Health of New York City. Officials Thomas Darling ton MD president Alvah H Doty MPD.
MENTIONED IN THIS ARTICLE
Fly-Fifth Street
Sixth Avenue
Borough of Manhattan
City of New York
Board of Health
Department of Health
Riverside
Hosital
North Brother Island
New York
Onaca
Thomas Darlington
Alvah H. Doty
Serodoes Fe
Public Notices and Bank Ledger Adjustments from 1907
Sealed bids and estimates sought by Manhattan Borough President for public baths on Rutgers Place and plumbing work. Police Commissioner invites shared bids to alter interiors of a new police building at Grand, Centre, and Roosevelt Streets. Includes bank data showing 1907 financial figures with deposits and profits.
MENTIONED IN THIS ARTICLE
Borough of Manhattan
City Hall
City of New York
Rutgers Place
Also Mentioned on This Page
Outside Securities
Oreeeee
Etna
Erica Case
Sean
E. Ronx
Chase National
Chelsea Eas
Cit's
Gas City National
Colo Co
Columbia
Siu
Wales L.quo
Yuu
Eople
Pheneeeenee Oe
Luu
Qou
National
Uuu An
Tate
U4th
Twelfth Ward
iFeb
jJan
Nion
Oreree J
Seen Nee
Yorayvale Covevel
Prust
Eauvavns Trust
Fasa
Rust
Fidelity Trust
Flatbush
Guardian Trust
Waranty
Uuy
Hue Insurance
Tr. Co
Union
United States
Norden Washington
Tr - Williams Windsor
Bay As
Mar
Mtg
Bs Ml & B
Sid
Anconitie
Reat Oak
Columbus Cent
ST tiCon. G
N.J. Lst
Denver G. & el
Rand
Hudson Co. Gas
New Amsterdam
Ohio & Ind
St. Joseph
St. Paul
Minn
St. & So
N.Y
Commonwealth
Continental
Empire City
Fidelity
Eee
Eaee
Germ
Alliance
Germania
Greenwich
Hanover
Nassau
Niagara
Pacific
Peter C
Stuyvesant
Chester
Brooklyn
Igor Non
Mit
Dividand
Standard Oil
Nevada
Trenton Petries
United Ee
Es Biewser Pay Sears
Tmextra
Guar.l
Lyt C. R
Crosstown
Do Inc
Grand Rapids R
Nint
Atdson
Syracuse
T’town
Do Gen
Atar
Yonkers Eee
Barney
Marais
Boston Copper
Brit
Col.Ce
Burts
TV Corces
Maturtty
Int
Chi. Pn
A. Ar
Pitts
C Cage & Aiton
Soener
Reat Western
Dolores Ltd
Ee Electric
One Pacific
Empire Steel
Chi
Waele
Suia.& Gr
Guanajuato
Migsouri
Ideon
Yovania i & Hyweeenaes
Gouthera
Ted
the Trust Company of
Amerlca
Colonial Branch
Broadway
Wall ST
Edmund L. Judson
Robert L. Smith
Joseph N. Babcock
John G. Boston
Peeeident Rne
jp @ oe voEwnes
James W. Tappin
Philip S. Babcock
Frank T. Hilton
Charles T Barney , A. D. Bennettohn
E. Barne
M. H. Chesebrough
Richard Delafield
Ashbel P. Fitch Anson R. Flower
H. B. Hollins
Ames S. Kuhn
Rank R. Lawrence
Hosmer B. Parsons
Stephen Peabody Marsden J. Perry E. Clifford. Potter
California Safe Deposit and Trust Company
San Francisco
California
General Banking and Trust Company
David F. Walker
J. Dalzell Brown
Buffalo Banks
People’s Bank OF Buffalo
N. Y
Buffalo
A. D. Bissell
E. J. Newell
W. J. Barnett
THE
International Bank
Wall
Capitoll
Thos. H. Hubbard
James 8-Fearon
John Hubbard
James H. Rogers
CHAS
Lippincott
Police Department
City of
Mulberry Street
City of Newdf Ag
Central Department
Grand
Centre
Roome Streets
Centre Market Place
Booch
Manhattan
Theodore A. Bingham
Senate
Mayorco City
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