Seaboard Air Line Reorganization Plan Outlined
A Seaboard Air Line reorganization committee held a long meeting without a formal plan announcement. The plan envisions reorganizing without foreclosure or stock assessments, raising 18 million via income bonds of 25 million authorized, with stockholders allowed to subscribe at 70. Series A certificates of 3 million and Series C of 4.25 million will be paid in early 1910, followed by lifting receivership. Back mortgage bonds stay intact with interest paid and callable at par. most general mortgages likely canceled. a new 125 million unified mortgage would refinance existing first mortgages totaling 75 million, and several subsidiaries may merge with the parent.
MENTIONED IN THIS ARTICLE
Seaboard Air Line
Seaboard
National Enameling & Stamping Co
Berlin
Long Island
Baltimore
Maryland
Milwaukee
Wisconsin
Chicago
Illinois
Granite City
St. Louis
Missouri
City of
New York
United States
Columbia Trust Co
New York City
Messrs. Deloitte, Plender, Griffiths & Co
English Chartered Accountants
Hst
New York Stock Exchange
J. Pierpont Morgan
George F. Baker
Robert Fleming
Acas
Jaditional
Steel Products Merger Forms New Company Leadership
B R Chapman named President of the Iron and Steel Products Company with John C Brown as Vice President and General Manager and W D Dunlap as Secretary and Treasurer. The merger compr ises the Canton Iron and Steel Company of Baltimore Lebanon Chain Works Bristol Iron and Steel Company and others with an issued capital of 2 500 000 and plans to grow by acquiring additional firms.
MENTIONED IN THIS ARTICLE
B. R. Chapman
Iron and Steel Products Company
John C. Brown
W. D. Dunlap
Canton Iron and Steel Company
Baltimore
Lebanon Chain Works
Bristol Iron and Steel Company
Receiver appointed for Savannah Augusta and Northern Railway
In a Southern District of Georgia foreclosure case Judge Emory Speer names Bowdie Phin iey of Augusta as receiver for the Savannah, Augusta and Northern Railway Company. The Carnegie Trust Company of New York trustees for bondholders issued about 11 million dollars in bonds to fund construction from Savannah toward Chattanooga. The action follows contractor Oliver's claim of 286 515 for construction work and aims to satisfy that debt.
MENTIONED IN THIS ARTICLE
New York Times
Atlanta
United States Court
Southern District of Georgia
Savannah, Augusta & Northern Railway Company
Emory Speer
Bowdie Phiniey
Augusta
Carnegie Trust Company of New York
Savannah
Chattanooga
Ss. R. Lynn
New York
Carnegie Trust Company
A Pt
Oliver
Mining stock closing quotations San Francisco June 11
Official closing quotes list mining stocks in San Francisco with prices for Alpha Con. Hale & Norcross Andes Kentucky Con Belcher Mexican Best & Belcher Occidental Con Bullion Caledonia Overman Chollar Confidence S Gulf etc. includes tonnage and premiums for silver bars and Mexican dollars with market notes across multiple mines and locales including Tonopah Bullfrog Goldfield and St Ives.
MENTIONED IN THIS ARTICLE
San Francisco
Alpha
Hale & Norcross
Andes
Kentucky
Belcher
Best & Belcher
Caledonia
Sag Belcher
Cal
Sierra Nevada
Imperial
Union
Crown Point
Utah
Gould & Curry
Telegraph
Tonopah
Great Bend
Belmont
Jim Butler
Kendall
McNamara
Lone Star
Midway
Mohawk
Montana
Red Hills
North Star
Sandstorm
Ohio
St. Ives
Silver
West End
Bullfrog
Bullfrog Mining
Bullfrog Nat. Bank
Homestake King
Montgomery Mt
Tramps
Balafieid CG
Local Exchange Closing Quotations Report
Colorado Springs closing quotations list on the local Exchange: Dr Jackpot 8% bid 6% asked, Elkton 65 664, McKinney 38% 4056, El Paso 50% 6114, Portland 88, Gold Dollar 1012, Vindicator 59 61, Isabella 24 25, Sample 1%.
MENTIONED IN THIS ARTICLE
Colorado Springs
Jackpot
Elkton
McKinney
el Paso
Portland
Vindicator
Isabella
Lackawanna Plans Coal Company Split and Cash Dividend
Lawyers for the Delaware Lackawanna and Western say a plan to segregate coal property from the railroad is not yet settled and likely to wait until the board meets on the last Thursday in June. A large cash dividend of about 100 percent could let shareholders subscribe to coal stock, effectively routing most funds back to the railroad.
MENTIONED IN THIS ARTICLE
Delaware
Lackawanna & Western
Financial District
Lackawanna
Metal market reports show dull trading and mixed metal moves
The metal exchange faced extreme dullness with prices mostly steady. Copper held, tin weakened for spot and nearby delivery, while leads and spelter stayed near previous levels as market closes indicated weaker tone.
MENTIONED IN THIS ARTICLE
Metal Exchange
London
Cleveland
New York Metal Exchange
Trade conditions improve as May earnings rise across sectors
Dan's Review notes firmer trade signals with May rail and bank data showing gains. Rail earnings up 15.4 percent from 1908, 14.8 percent lower than 1907. bank clearings up 21.9 percent from last year outside New York, and large New York gains due to speculation. Copper, iron and steel demand rises, cotton goods show activity, and boots and shoes see new orders with regional sales strength.
MENTIONED IN THIS ARTICLE
Dan
New York
Harrow Clot
Reorganization Plan for Chicago Great Western Railways
Chicago Great Western stockholders invited to deposit stocks with J P Morgan & Co for a new Illinois company to issue four percent gold bonds and four percent preferred and common stock under a court approved reorganization plan. Voting trust details and deposit procedures published. Also notices of termination of prior agreement and foreclosure sale in New York Supreme Court with property at 470 West 145th Street.
MENTIONED IN THIS ARTICLE
London Committee
New York Committee
Chicago Great Western Railway Company
NEW Company
Illinois
Feto
Bankers Trust Company
Guaranty Trust Company of
New York
J. P. Morgan & CO
Wall Street
Bankers’ Trust Company
New York City
Mintead Toma
Messrs. J. A Morgan & Co
Messrs. J. P. Morgan & Co
Mann
Messrs
William A. Read
George P. Butler
Frederick H. Ecker
Frederick W. Whitridge
Guaranty Trust Company of New York
Sree Great Western Railway Cmpany
Guaranty Trust ,Company of New York
Sassau Street
Enars. P. Morgan & Company
Iganoon
Fatcoe Ee
Vis
Ee Steen
Geaseaty Prust Company of
Supreme Court
County OF New York
Caroline Harry
Walter B. McBride
Exchange
Vesey Street
Boone of Manhattan
City of New York
Joseph P. Day
City of
One Hundred and
Forty-fifth Street
Amsterdam Avenue
Fortyfourth
One Hundred and Forty-fifth Streets
One Hundred and Forty-fifth Street
One Hundred and Forty-fifth
Aldexander Murray
Georgiana Booth
Borough of
Manhattan
State of
Twenty-Ninth Street
Seventh Avenue
Forbes
Twentyninth Street
Michael J. Egan
Arrowsmith & Dunn
Plaintiff's Attorneys
Broadway
Borough
N. Y
James Kearney
Guardian Ad Litem
Poro
West 29Th Street
Borough of Manhattan
West 29Th St
Military officer moves and ship movements reported
The United Service lists Major F M Hartock assigned to Fort Wayne Michigan and other duty changes. Navy resignations and transfers are noted along with naval vessel arrivals at multiple ports and ships sailing from Norfolk and Charleston to various destinations.
Tides Today and Sunrises at Key Harbors
Shipping and maritime notices list sunrise and sunset times for today along with high and low tides at Sandy Hook Governors Island Hell Gate and other harbors. The schedule shows A.M. and P.M. tide readings with specific times.
MENTIONED IN THIS ARTICLE
Sandy Hook
Governors Island
Hell Gate
Listing of Steamship Voyages and Schedules
A roster of ships with ports and dates including Harford Shields May 27 Prometheus Rotterdam May Kathinka Port Antonio June Tapajoz New Orleans June 4 Giulia Boston June 10 City of Macon Savannah June Inisbrook Harana June 5 Hamilton Norfolk June Harvard Boston June 10 Pawnee Philadelphia June 10 and related entries.
MENTIONED IN THIS ARTICLE
Harford
Shields
Prometheus
Rotterdam
John Hardie
Louisiane
Havre
Ripon
Fowey
Tapajoz
New Orleans
Kathinka
Port Antonio
el Siglo
Galveston
Giulia
Boston
City of Macon
Savannah
Inisbrook
Harana
Hamilton
Norfolk
Harvard
Pawnee
Philadelphia
Atlantic Shipping News From Wireless Reports
Marconi wireless reports list SS New York from Southampton 40 miles east of Sandy Hook at 7 A M yesterday and SS Amerika from Hamburg 303 miles east at 2 P M yesterday due at her pier about 11 A M today. SS Furnessia from Glasgow 1 000 miles east at 8 40 A M yesterday due at her pier about 8 A M Monday. SS Bremen outbound 100 miles southwest of Brow at 11 20 A M yesterday due about 6 A M today.
MENTIONED IN THIS ARTICLE
New York
Southamp
Marconi Wireless
Sandy Hook
Amerika
Hamburg
Marconi
Wireless
Furnessia
Glasgow
Bremen
Conn Wireless
Brow
Foreign Ports Arrivals and Departures Listed
Ships arriving include SS Ryndam at Rotterdam on June 11 and SS Deutschland at Plymouth on June 11. Others reach Amsterdam Adelaide Aden Genoa Malta Manchester Rotterdam and more. Departures note S88 Cleveland leaving Southampton June 11 and SS Venezia sailing from Marseilles June 8.
MENTIONED IN THIS ARTICLE
Ryndam
Rotterdam
Deutschland
Plymouth
Ascot
Adelaide
Prins Willem V
Amsterdam
Tannenfels
Aden
Schonfels
Malta
Sanno
Genoa
Terence
Manchester
Hesperus
Mails Close in New York Destinations and Steamer Schedules
A list of mail ship departures and routes from New York with ships such as Makura Empress of India Manchuria and Mariposa scheduled for June 13 to June 30. It notes destinations including Hawaii Japan Korea China Philippines New Zealand Australia and other Pacific islands via Seattle San Francisco and Vancouver with 6:30 PM cutoffs.
MENTIONED IN THIS ARTICLE
Hawaii
Japan
Korea
China
Philippine Islands
Australia
West
New Zealand
Fiji Islands
New Caledonia
Vancouver
Vicoria
B. C
Makura
Seattle
Minnesota
Ceylon
Victoria
B C
San Francisco
Manchuria
Guam
U. S. Transport
Also Mentioned on This Page
Steel Products Merger
E. R. Chapman
New Road
Savannah, Augusta & Northern
Metal ‘Market Reports
A. W. Kieckhefer
Public “Accountants
Lehman Brothers
William Street
Goldman, Sachs & CO
la Salle Street
Ill
Congress Street
Mass
the National Enameling & Stamping CO
Fulton Street
F. A. W. Kieckhefsr
Voting Trust
New York Sun
New York Tribune
Llouvant
William A. “Read
Acosta Nichols
F. B. Eee Es
Nassau Street
Joline, Orrin & Rathbond
Cates GI Gupvei
John W. Castles
Hugo Blumenthal
J. Horace Harding
Chas. H. Tweed
London and
Com
Dedenture
oSpon
John W.armans
Myron Ip Han
Hugo Blumenth
Alex
Nassau
W. 145Th St
Frederick W. Longfellow
H. A. Gildersleeve
Supreme Court of New York
Charles L. Guy
Supreme Court of the
State of New York
Department OF Parks
Arsenal Building
Fifth Avenue
Sixtyfourth Street
Park Board
Toa Hook
City Record
Henry Smith
Joseph Berry
Michael J. Kennedy
Commissioners of Parks
Department OF Public Charities
East Twenty-sixth Street
Public Charities
Saalsatieaare
R W. Hebberd
the United Service
the Army
The
L. M. Nuttman
W. C. Griswold
Medical Reserve Corps
Fort Moultrie
T. G. Holmes
Detroit
the Navy
BE. F. Greene
R. P. Craft
Navy Yard
Washington
E. P. Swarz
Lieut. W. Ancrum
Lebanon
Marcellus
Newport News
Tennessee
Colorado
Pennsylvania
Bremerton
Olympia
Hartford
Hampton Roads
West Virginia
California
Mare Island
Patixent
Quincy
Worden
de Long
Shubrick
MacDonough
Tingey
Thornton
Stockton
Porter
du Pont
Biddle
Charleston
Buffalo
Honolulu
Shipping and Mailé
Cincinnati
St. Paul
Southampton
Cedric
Liverpool
Florizel
Newfoundland
Maracaibo
Curacao
Carolina
Porto Rico
Saratoga
Havana
Maracas
Grenada
Sarnia
Inagua
Alliance
Colon
Atrato
Jamaica
Minnewaska
Kroonland
Antwerp
Columbia
Galvest
Alamo
Huron
Jacksonville
Af Saramacca
Trinidad
Cecilie
Bermuda
Potadam
Ropa
Naples
Volore
Cenesewn
Antonio Lopez
Cadiz
Albano
Ehes Gamer
Burona
Merida
Cheapside
Savoie Duca Degli Abruzzi
Osenee Baltic
Fharelend
Clara
Palermo
Barbados
Morrow
Sananes
Vnv Vendtare
Anea
Hull
Cristobal
Jay Maraval
Columbus
Comanche
Lapland
Regina d'Italia
Martha Washington
Minnehaha
Grosser Kurfverst
Cearense
S. V. Luckenbach
Ponce
Seguranca
Santiago
San Juan
Momus
Hveteccaues
Das
Ennneys- Galveston
Pacific Steamships
Middle
North Atlantic States
Mississippi
Lake
Atlantic States
West Gulf States
Arkansas
New Enland
Southlantic
European
Grand Banka
New Jersey
New England
United Sta . Weather Bureau
At & FP
Department OF Docks and F
Whale Creek
Newtown
Ax, Place