City Guards Route But PSC Split on South Shore Franchise
The Public Service Commission discussed the South Shore Traction Company's Queens line and Queensboro Bridge plan. Commissioner Bassett criticized terms as a potential city monopoly while Commissioner McCarroll urged approval as protective of public interests and home rule. The commission remains divided with a unit rule after votes.
MENTIONED IN THIS ARTICLE
Board of Estimate
South Shore Traction Company
Queens
Queensboro Bridge
Public Service Commission
Bassett
William R. Willcox
William H. McCarroll
Brooklyn
South Shore Company
McCarroll
Borough of
New Chewing Gum Trust Formed With Six Million Capital
A new chewing gum partnership called Sen Sen Chiclet Company is organized with capital of 6 700 000 dollars, split into 2 700 000 in bonds and 4 000 000 in stocks. Five firms including T B Dunn Co and Fleet Co join, with Thomas B Dunn likely as President and Frank H Fleer as Chairman. Flint & Co. manages the organization.
MENTIONED IN THIS ARTICLE
Sen Sen Chiclet Company
T. B. Dunn & Co
Rochester
N. Y
Fleet & Co
Philadelphia
Somerville & Co
London
Canada
Curtis & Sons’ Company
Portland
S. Grove Company
Salem
Thomas B. Dunn
Frank H. Fleer
Flint & Co
Western Union Reports Boost in First Quarter Earnings
Western Union Telegraph Company directors released figures showing current quarter net income near 1.7 million dollars, 1.684 million for the first quarter this year versus 1.579 million in the same period of 1908. After bond interest, surplus stands at 1.266 million dollars, or about 1 percent on common stock, with the usual 1 percent dividend declared. President Clowry forecast fiscal year net earnings near 5 percent of stock.
MENTIONED IN THIS ARTICLE
Western Union Telegraph Company
Clowry
Trade opportunities noted in daily consular report
The June 9 consular and trade summary lists opportunities in Latin American railway gauge changes, US lard and animal fats exports, Canadian interest in railway and street machinery, American goods for Mexico, Panama Canal supply bids, and African inquiries for a broad range of American products including machinery, vehicles, and textiles.
MENTIONED IN THIS ARTICLE
Latin America
Bureau of Manufactures
Germany
United States
Mexico
New York
Panama Canal
Isthmian Canal Commission
Washington, D. C
Africa
Coffee market steady with minor decline in futures
Coffees opened quiet at unchanged prices to a decline of 5 points and closed steady not unchanged to 5 points lower. Sales reached 95,250 bags. Spot coffee stayed quiet at 7 to 8 cents for Rio No 7. Local market contract price range provided.
MENTIONED IN THIS ARTICLE
Rio No. 7
Electric Company Earnings Across U S Regions
A compilation of earnings statements from multiple electric utilities and rates in April through June 1909, including Cleveland, Dallas, El Paso, Galveston Houston, Minneapolis, Northern Texas, Seattle, and Western Union Telegraph. Reports show gross and net earnings, surplus over diggings, and notable year comparisons.
MENTIONED IN THIS ARTICLE
Cleveland, Leon
Columbus
Dallas Electric Corporation
EL Paso Electric Company
Galveston-Houston Electric
Era Electric Company
Orans
Ch’ges
Minneapolis General Electric Company
Northern Texas Electric
Seattle Electric Company
Western Union Telegraph Company
Delaware & Hudson Quits Selling Coal
Delaware & Hudson transfers all coal sales from the railroad to its coal subsidiary to unify the selling scheme. The shift follows the Supreme Court commodity clause ruling and consolidates most coal outputs under the coal company for compliance.
MENTIONED IN THIS ARTICLE
Delaware & Hudson
Delaware & Hudson Company
Supreme Court
Securities Auction List at the Exchange by Executors
Yesterday at the Exchange at 14 and 16 Vesey Street auctioneers Adrian H Muller Son disposed numerous securities by order of executors and administrators. The notes include Niagara Fire Insurance Company Norfolk & Western Pacific Coast Union Pacific Atchison Topeka Santa Fe Interborough Metropolitan Old Dominion Newport News Light and Water Central Land Company North Jersey Land Company Fidelity Trust Company National Bank of Commerce Evansville Central Union Gas Norbert Bank of New York National Park Bank Lawyers Title Insurance Trust American Type Founders Park Avenue No 471 Park Avenue Warren Railroad Brooklyn Union Gas Realty Associates National City Bank Contempt Rustproofing Peckham Etowah Power and related mortgage bonds and stock certificates.
MENTIONED IN THIS ARTICLE
Vesey Street
Adrian H. Muller Son
Niagara Fire Insurance Company
Norfolk & Western Railway Company Adjustment
Pacific Coast Company First
Union Pacific Railroad Company
Atchison, Topeka & Santa Fe Railroad Company
Gina's Light Company
Pany
Aeae
Interborough-Metropolitan Company
Interborough-Metropolitan Company Common Voting Trust
Old ‘Dominion Land Company
Newport News Light and Water Compean Eee
North Jersey Land Company
Central Land Company of
West Virginia
National Bank of Commerce
Hivansville Cotton Manufacturing Company
Evansville
Ind
Fidelity Trust Company
Newark
N. J
Northern Bank of New York
Central Union Gas
New Amsterdam Gas Company
Nort Bank of New York
Realty Associates
National City Bank
Bontempt Rustproofing Company
Peckham Manufacturing Company
North Georgia Electric Company
Etowah Power Company
Etowah Power Ory
Reorganization Plan for Chicago Great Western Railway
Bondholders and stockholders back a plan to reorganize the Chicago Great Western Railway Company. A new Illinois or other state formed company would acquire assets and issue First Mortgage bonds, Four Per Cent. Gold, and large blocks of Preferred and Common Stock under a five year voting trust led by Morgan, Baker, and Fleming. The plan details debt, capitalization, and participation conditions for debenture stock, Preferred Stock A and B, and Common stock.
MENTIONED IN THIS ARTICLE
London Committee
New York Committee
Chicago Great Western Railway Company
Illinois
Messrs. J. Pierpont Morgan
George F. Baker
Robert Fleming
York Sun
New York Tribune
Bankers Trust Company
New York
G Trust Company of
J. P. Morgan & CO
Wall Street
Chicago
Great Wern Railway Company
Trust Company
York City
Chicago Great Wester Railway Company
Messrs. J. Fp, Morgan & Co
Bankers’ Company
Messrs
Bankers’ Trust Company
Messrs. J. P. Gan & Co
William A. Read
George P. Butler
Frederick H. DE Ridge
Frederick W. Whitcosta Nichols
Messrs. J. P. Morgan & Company
Commi
Guaranty Company of New York
Messrs. J. P. Morgan & Co
Also Mentioned on This Page
South Shore
Service Board
NEW Chewing Gum Trust
WII
Western Union
New York Times
Washington
Consular and Trade Report
Department of Commerce and Labor
Accesseres
Oe Oe
San Francisco
Alpha Con
Kentucky Com
Eeecen Andes Eevee
Belcher
Eereoences Best & Belcher
Eeeeeres Ees
Ophir Wloverman
Ceveces
Utah
Hale & Norcross
Telegraph
Tonopah
Daisy Sees
Belmont Eseceeesesy
Diamondfield
Jim Butler
Goldfield
McNamara
Great Bend Midway
Jumbo
Montana Ee
Lone Star
North Star
Red Hillis
St Eves
Case
West Sescree
Goldfieldg
Atlanta
Bullfrog N. B
Blue Bell Oe
Homestake King
Montgomery Mtn
Kings County Lighting Company
New York City
Fist
Bay Ridge
Fort Hamilton
Bensonhurst
Ullaneilla Borough
N. W. Harris & CO Bankers
Pine Street
William New York
N. W. Harris & Company
Federal Street
Boston
Harris Trust & Savings Bank Bond Department
Consolidated Exchange
Can’ Balt
Ad Qlee
Oklyn R
Pacific
Ches
Ohio
Chi
Gt. Gt. W
Col. Fuel & I
South’n
Onsel, BS. We
Dist. Securities
Erte
North'n
Inter
Hil, Central
T. Pf
Iowa Central
Kan
Kan. City So
Louis &Nih
Ey Pacific
Eee
M.2d Pf
N. Y. Central
Nor. Pacific
North & West
Pennsylvania
People’s Gas
Steel Car
Rep. Steel
Rep. Steel Pf
Rock Island
Aoe Island
Peanare Rae
Southern Ry
Texas Pacific
Tenn
Union Pacific
Steel
Utah Copper
Va.-Car. Chem
Wabash
Wabash Pl
West Maryland
Westing. el
Belcher Dita
Best & Belcher
Blue Bell
Comstock
Railroad
Georgia Southern
Florida
Yazoo
Mississippi Valley
J.cerese
Weersees Esee L
Newhouse Mines & Smelters
Newhouse
Seesseee
Total Securities of
Eeeee Seveesee Eeeesess
Hungarian American Bank
Charles A. Morse
Broadway
Frank A. Schirmer
Louis N. Kramer
Samuel Untermyer
Isidore H. Kramer
Josten
Broadway, N.i
NEW Company
Voting Trust
Frederick H. Ecker
Frederick W. Whitridge
Acosta Nichols
F. EB. Mowld
Ni S . EB
Assay
Joline, Larkin & Rathbone
Guaranty Trust Compan
St Chicago Great Western Rail Company
Ans
Sald
Dhe Posit
Gunmanty Trust Company of
Assau Street
John W.castles
Myron T. Herrick
Hugo Blumenthal
J. Horace Harding
Chas. H. Tweed
Chicago Great W Railway Company
New
John W. Castles
Myhon 7
Herrick
HUGO _BLUMENTHAT
J. Horach Harding
Com Hill
Seta Stoke Winnaacee