Tennessee Copper Dividends Pass After Fire Loss
Tennessee Copper directors meet after a market close and vote to defer the quarterly dividend due to the Copperhill fire losses. Russia had advanced 1.5 million on the contract for a trinitrotoluene plant and seeks repayment or T N T. The stock trades around 4 3/4, with 5 million shares outstanding and a 150000 annual saving from the dividend pause.
MENTIONED IN THIS ARTICLE
Tennessee Copper
Copperhill
Tennessee
Russia
International Aaitural Corporation
New Rock Island Plan Aims at Reorganization
A committee representing stockholders and debenture bondholders begins formulating a reorganiza tion plan for the Chicago Rock Island and Pacific Railway Company. It calls for stock exchange of 0,000,000 in 7 percent preferred stock for stockholders and par for par exchange of 20,000,000 debenture bonds for 6 percent cumulative preferred stock, with underwriters ready to support. Rehabilitated company would have working capital and reduced interest obligations, aided by Mexican traffic prospects.
MENTIONED IN THIS ARTICLE
Chicago, Rock Island & Pacific Railway Company
Seward Prosser
James Speyer
Charles Hayden
N. L. Amster
K. Boisot
Davies Warfield
B. W. Jones
White & Chase
Samuel Untermyer
K. R. Babbitt
Beyer & Co
Hayden, Stone & Co
Mexico
Bank Governor Strong Ill Health Leaves Federal Reserve
Benjamin Strong Jr the first Governor of the Federal Reserve Bank of New York will take a several month rest next week due to ill health. Robert H Treman will serve as Deputy Governor ad interim while Strong is away and J Treman is named to manage the bank in his absence. William Weard will remain as an advisory Deputy Governor.
MENTIONED IN THIS ARTICLE
Benjamin Strong, Jr
Federal Reserve Bank of New York
West
Federal Reserve Bank
Strong
Yeatercer
Stron
Bankers of Company
Robert H. Treman
J. Treman
Tompkins County National Bank of
Ithaca
Treman & King
Cornell University
New York
Reserve Bank
Willam Weard
Hanover National Bank
Market nerves tug at war and copper stocks close unsettled
Consolidated Exchange records show nervous trading as war stocks and copper issues lead the day’s activity. Close reflects shifting sentiment with notable moves in Allis-Chalmers, Anaconda, Am Copper, and multiple mining and industrial shares across price, high and low ranges.
MENTIONED IN THIS ARTICLE
Consolidated Stock Exchange
Allis-Chalmers
Carey
Lin. Pf
Lecomo
Baldwin
Central South
Hes. & Ohio
Leec
Col. Fuel & I
Crucible Steel
Securities
Erie
North
Greene-Can
Goodrich Co
Ill
Int
Mor
Lehigh
Miami
Mo. Pac. Tr
Nat
N. H. Central
Ontario Mining
Pacific Mail
Pennsylvania
S. C
South Pacific
Southern Ry
Studebaker
Third Avenue
Union Pacific
Utah
West
SIU Westing
Elec
Atlanta
Nevada Hilla
Ophir
Rescue
Eula
al Ass Mserr Perats
Boonopat
Union Con
Oe Ls Ay
Short Term Notes on Government and Municipal Securities
Government and municipal issues, security rates and bids shown. Various national and international government bonds, rail and utilities notes with quotes and maturity years ranging through 1926. Provides list of names, issues, and prices such as Argen. Gov. and Dom. of Can. securities with bid and asked values.
MENTIONED IN THIS ARTICLE
Mont
Can
Dom
Van
Norweg
Lydig Sues Over War Orders Breach Claim in Russia Contract
Captain Philip Lydig filed a summons and complaint for 87 400 against Joseph K White alleging breach of contract tied to war munitions sales. He says a 1915 Petrograd contract called for 25 percent of profits from war contracts with Russia or Allies and White promised 1 percent of later Harrisburg Pipe and Pipe Bending Company deals with the British War Office. The firm secured 600 000 shells costing 8 100 000, with Lydig seeking 67 40 as due under the agreement.
MENTIONED IN THIS ARTICLE
Philip Lydig
Joseph K. White
Lydig
Astoris
Petrograd
Russia
White
Captain Lydig
Harrisburg Pipe and Pipe Bending Company
British War Office
Inspiration Copper declares dividend and outlines earnings
The Inspiration Consolidated Copper Company declared yesterday a dividend of $2 a share payable July 81. A prior three month earlier disbursement was $1.25. Earnings are reported at about $20 a year per share. the board has not tied payments to specific periods.
MENTIONED IN THIS ARTICLE
Inspiration Consolidated Copper Company
Ottawa Gold Here Now Set At Seventy Million Payout
J P Morgan and Co deposited four million six hundred thousand in gold bars at the Assay Office yesterday the largest single consignment on the current Ottawa movement. The total brought in since May amounts to seventy million six hundred twenty five thousand dollars.
MENTIONED IN THIS ARTICLE
Ottawa
J. P. Morgan & Co
Yeater- Day
LA Bow
Rich ore in Guggenheim mine under legal test
In Mineola New York on June 22 1915 testimony focused on the Chuquicimata mine's ore quality and the value of related Chile properties. Witness Pope Yeatman and others discussed acid treatment tests and potential copper yield while Justice Callaghan weighed which stock valuations could prove a partnership and damage in the Guggenheim dispute.
MENTIONED IN THIS ARTICLE
New York Times
Mineola
S. J
Pope Yeatman
Philadelphia
M. Guggenheim & Sons
William Guggenheim
Chuquicimata
Chile
Mr. Yeatman
Justice Callaghan
Chile Copper Company of Delaware
Chile Exploration Company
Chuguirimata
O& the
Chile Copper Company
Argumeng
Baldwin
Albert ©. Sturrage
Boston
Daniel Guggenheim
Urrage
Chuquielmata
G. A. Catlin Smith
Chemst
Smith
Daniel Guegenheim
Charles K. Lipman
Manhattan
Chile Exporation Company
Guess Mining
Yeatman
Eugene Meyer, Jr., & Co
Lipman
New York Stock Exchange
Louis Ross
Aeainet
Albert C. Burr
Samuel Untermyer
Bank Institute Expands to Add More Classes
The American Institute of Banking plans more classes as its New York Chapter grows to about 600 students from a 2,000 member base. An advisory group of bankers led by Stephen Baker will guide fundraising and new instructional units, with five directors forming an executive committee.
MENTIONED IN THIS ARTICLE
American Institute of Banking
New York
Stephen Baker
Bank of Manhattan Company
Charles FE. Warren
James
Alexander
T. W. Lamont
Gates W.mcgarrah
Charles H. Sabin
Albert H. Wiggin
J. B. Martindale
A. 8. Frissell
Lewis L. Clarke
C. D. Dickey
Alex. Gilbert
Benjamin Strong
Thomas Cochran
Edwin S. Marston
John W. Platten
H. L. Griggs
J. Adams Brown
R. W. Poor
Walter B. Frew
Theo, Hetzler
C. H. Kelsey
L. G. Kaufman
Lewis F. Pierson
Mortimer N. Buckner
W. V. King
H. D. Kountze
Messrs
War tax approved by Commons on foreign investment income
The House of Commons agreed to Reginald McKenna’s plan for an extra two pence in the pound tax on income from foreign investments. Opposition failed to derail the measure, which is to last for the duration of the war, with possible future security lists to build dollar balances if the war endures.
MENTIONED IN THIS ARTICLE
London
House of Commons
Reginald McKenna
McKenna
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Greater
New York County
Richmond County
Knauth ‘Nachod & Kufne
Equitable Building
American Brass
American Sgt
Trac
Borden's
Cond
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Fajardo Sugar International Salt
New Jersey Zinc
Otis Elevator Safety Car
Htg
Ltg
Virginian Railway
Worth’ton
Hartford
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Beas
Jata NE
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Farson, Son&Co
Broadway
New York City
Henry Clews & Co
Broad ST
Wunnns N
Megargel & Co
Chicago Stock Exchange Investment Securities
Pine Street
Chicago
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Ist
Missouri, Kansas
East
B. Gust
Ghhenectady & Dunnesburg
Cinc
Indianapolis & Western
Finch & Tarbell
A. D. Converse & Co
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Esiasus Nco
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Czar
New Rock Island Plan
Ili
Federal Reserve Institution
Kestecky Trac
Detroit
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Mil
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Texas & Mex
Georgia St. Pow
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Wolff& Stanley
William St. N.Y
F.M. Dyer & Co
Broad Street
Telephone
Rector
Baltimore
Mark A. Nobie
Ueodese
C. Corwin Noble & Corwin
Bankers Trust Stock Central Trust Rights Telephone
Bro
Consolidated Exchange
Gover
Cot. Ou.s
Locomo
Av.r.l. & Pd
At. & Pac. T
Bextyn, K. T
Can. North
Can. Pacific
W. Ind
Hiesgo
Kiev
Citles Bsersice
Erle R
Mid
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Vy Mich. Ry
Witloi
N.h.&h
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R.arms
W.W.T
Standard Oil Stocks
Ames
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Atlantic Refining
Borne-Scrymser
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Penn.Mex
Neb
Ot J
Union
Washington OW
Wweaday
American Cigar
American Cigar Pf
Conley
Young
Acpeskee
Reynolds
R. J. Reynolds
Inspiration
Guggenheim
Banking Institute Growing
Tees OM Rt
Eee
Rs Ia
Sumatra Tech
U.S
Utah Securities of
Ottumwa
Miss. Valley Gas & Elec Coll
Gt. Northern Pow
Sheldon Mopgan
J. Frank Howell
Charcoal Iron Co. of America
Livingston & CO
New York Stock Exchange 51 Exchange Pl
Hanover
Tidewater Oil, Old & New
Imperial Oil, Ltd
Anglo-American Oil
Magnolia Petroleum Central Petroleum Ltd
Douglas Fenwick & Co
Wall St
John
Dominion of Canada
Hallowell & Henry
Gov’t
Sutro Bros.&Co
New York Telephone Rector
Case, Underwood & Co
The
Kansas City Railways Company
First
Public Service Commissions
Missouri
Kansas
Continental and Commercial Trust and Savings Bank
Kansas City
Independence
Rosedale
Metropolitan Street Railway Company
Kansas City Elevated Railway Company
Lode
Esvisions
N. W. Halsey & Co
Cleveland
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Richmond
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Government of Newfoundland
Manhattan Railway
New York Connecting Railroad
Illinois Central Railroad
Chesapeake & Ohio
Public Service Bonds
Syracuse Gas Co
Laclede Veienins
Detroit Edison
Adirondack Electric Power
Toledo Traction, Light & Power
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Iowe Railway & Light
Des Moines City
Railway
Consolidated Water of
Utica
New York State
Glidden, Lyon
Genesee Street
New Jersey
Perth Amboy
N. J
First National Bank
New York Exchange
Caldwell & Masslich
GEO. B. Gibbons & Company Municipal Bonds
J.C. Hob
Pat
St. Ry
B. H
F. W. Pelzer
N. Y
Broadway, N. Y
Atlantic Fruit Co
Atlantic Holding Co
Leonard Snider & CO
Coggeshall & Hicks Investment Bankers
Broadway, New York
Alia A. Ke
Wall Street
Boro
Whattan
City of New York
James F. Starek
Profosals
Army Building
Deliv
Chasses
Tompkinsville
Lord
Guaranty Trust Company OF
Copartnership Notices
Weingarten & Jenks, Inc
Weingarten & Janks, Inc
Weingarten & Jenka, Inc
Abr. A. Silberberg
Manhattan Borough
Pon Lie
Corporation Trust
Electrical Securities
Guaramy Company of
Standard Trust Company of
New Yo
Electrical Bec Corporation
Trust Company
Electrical Securities Corporation
Aie
Mt Win
Grapt Trust
Redemt Ani
Guaranty
Charle Hbs
SEN
Y C .Essa
Valuce Products
Bankers Trust Impany
Hoo Valley Product Company
Oia Webby
Hocking Valley Products Company
Nous
Justee
Ankers Trust Company
H. F. Wilson, Jr
Clinchfield Navigation Com
Fs Blair & Company
Orem
Blair & Company
J. Ll. Btpwart
Newport & Cincinnati BE Company
Louisville & Nashville — Company
Cound
William W. Thompson
Treammen
Sm Land & & Axgarecate
Toledo, Columbus & Ohio River Rail
Pittsburgh
Penn
Rigage
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