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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Jun 29, 1917
Page
13
American Car and Foundry Company released its year ended April 19 report showing net income of 7.49 million on gross profit of 17.5 million, a sharp rise from 2016. President H. Woodin stated orders on the books were higher than a year earlier and expected wartime government demand would remain substantial.
The document lists earnings and tax after effects for multiple railroad lines including Baltimore and Ohio and Norfolk and Western, with figures for May and 1916 values, plus notes on net after tax, mileage totals, operating costs, and various bonds and commodities markets data. It also covers metal market quotes, wheat and corn price contexts, and sugar trade activity with recent price ranges and local market behavior.
The cotton market opened firm and rose briefly but declined as trade sources showed less demand and better crop prospects. October fell from 26.85 to 26.15 with closing at 26.42, while spot prices eased to 27.15 cents a pound as Liverpool buyers and local traders adjusted positions amid showers in the Southwest.
A new Long Island Sound ferry will begin tomorrow linking Greenwich and Oyster Bay. Initiated by a twenty five year old Carnegie dream, with Colonel Roosevelt to vouch for the first trip. Service runs every two hours from 8am to 6pm Greenwich and 8am to 7pm Bayville Beacher Bay with 15 cent fares and free transport for anyone in uniform. Proceeds from initial trips go to the American Cross Society. Official openings depart Greenwich at 2 and 4 pm and Oyster Bay at 3 pm.
A Cities Service Company directors committee recommended exchanging ten new common shares for each hundred dollars of current stock par value, with the new shares having no par value. Listing on the stock exchange was also proposed.
A scrambled OCR segment lists numerous mining stock names, locations, and percentages with mixed figures such as 10% 12% 18% and various place names like Mojave and Calaveras. The text resembles a market brief of shares and payments, lacking complete sentences or context.
Receipts yesterday reach 14 464 90 with renewed weakness in butter prices including creamery quotes down to 39c per pound for 88 39c range. Egg offerings show slight strength with steady demand. near by white eggs in fair supply and many buyers holding back on lower grades as stocks clean up.
Reports from multiple states indicate a mix of fair and warmer conditions with showers possible Friday and Saturday. Winds are generally gentle to moderate. Forecasts cover Ohio Michigan Nebraska Tennessee Texas Oklahoma and nearby regions with variable gusts and cooler spells expected in certain areas.
The June 23 1917 controller’s report details stock revenue ban cash actions notes and outstanding balances. It lists outstanding June 16 and June 23 figures totaling about 41.5 million dollars in cash and net obligations including obligations and revenue items.
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