Illinois Central plans new stock issue and equipment bonds
Illinois Central Rail Company directors call a May 1 stockholders meeting in Chicago to authorize a $28 512 000 additional stock issue. A first equipment mortgage for $30 000 900 covers locomotives passenger cars and freight cars. The plan reportedly includes equipment bonds and merging Kensington & Eastern and Memphis & State Line railroads, with funds also supporting the Millnot Central and related acquisitions.
MENTIONED IN THIS ARTICLE
Qvnen
Illinois Central Rail Company
Spe
Chicago
Belleville
Lil
Edward H. Harriman
Illinois Central
Mr. Harriman
Sturvesant Fish
Fowever
Guthorize
Kensington & Eastern Railroad Company
Memphis & State Line Railroad Company
Millnots Central
Central of
Steel Trust Election Proceeds With No Bonus Protests
Pittsburg reports say United States Steel stockholders protested bonuses at the annual meeting but no protests appeared as the meeting opened in Hoboken. Chairman E. H. Gary presided with proxies totaling over 4.2 million shares. eight directors including Rockefeller and Corey were reelected. The meeting was opened with a pledge to answer questions and supply information to stockholders.
MENTIONED IN THIS ARTICLE
Pittsburg
United States Steel Corporation
Hoboken
Es Juére
E. H. Gary
Ennuel
Vilam FE. Corey
George F. Baker
John F. Drrden
Clement A. Grisom
Marvin Hughitt
Daniel G. Reid
Nathaniel Taever
John D. Rockefeller
Garran
Mve Es
Eastern trunk lines weigh freight rate increase
More than thirty executive officers from major eastern trunk lines met at the Trunk Line Association rooms to discuss raising freight rates. A high official predicted an advance of at least 10 percent would be agreed, with lines from Chicago to New York and all east of the Mississippi represented. No definite action was taken.
MENTIONED IN THIS ARTICLE
Trunk Line Association
Chicago
New York
Mississippi River
New England
Condition of Western Maryland under Bank of Berlin loan
Alfred Biinzic a Bank of Berlin director returned from inspection of the Western Maryland Railway with road officials. The bank lent 3000 to the railroad years ago and held 5 000 000 mortgage bonds as collateral. The loan was not extended leading to a receiver being named. Biinzic praised the property and terminals despite the financial action.
MENTIONED IN THIS ARTICLE
the Tribune
Alfred Biinzic
Bank of Berlin
Mariana Payiroad
Bush
E Bank
Blinke
Gold export movement continues with April 16 start
The gold export engagement moved forward with Goldma Sachs & Co arranging shipment to Paris on the Kron elm today. The firm expects further shipments before week’s end and other foreign banks reportedly have engagements pending. Money moved more easily at ninety days, down percent from last week as foreign exchange rates stayed high with sight drafts on London around 4.57 percent.
MENTIONED IN THIS ARTICLE
Goldma Sachs & Co
Paris
Kronelm
RBA
Guémen, Sachs & Co
London
Public Service Commission approves NY Central bonds plan
The Public Service Commission granted the New York Central Hudson River Railroad Company permission to issue its free Mortgage 45 percent bonds totaling 490 million and 4 percent debenture bonds totaling 29 million. The issue funds past obligations and current year improvements, with balance for future work.
MENTIONED IN THIS ARTICLE
Alheny
Public Service Commission
New York Central & Hudson Fiver Railroad Company
St Salance
George Cumming withdraws from re election at United Mortgage
George 3. Cumming president of the United Mortgage and Trust Company withdraws from re election due to ill health. The election will be held on 2.
MENTIONED IN THIS ARTICLE
George
Cumming
United Mortgage and Trust Company
Ori 2
Judge Dowling Denies Renewal for Receivership Bid
Justice Dowling refused yesterday to renew the Attorney General's application for the appointment of receivers for the Oriental Bank. The decision halts the bid and leaves the bank under existing status.
MENTIONED IN THIS ARTICLE
Justice Dowling
Jack
Waves Railroad Company Sells Bonds To Taller & Co
Waves Railroad Company said it sold 533060 Wa-54 bonds and 1920s first mortgage 5 percent bonds due May 1 19 to Taller & Co. The move funds retirement of 32.90 bonds of St Louis Council Bluffs Omaha and 466690 bonds of St Charlies Kansas City North. Total outstanding first mortgage miles 1514 at 322024 miles.
MENTIONED IN THIS ARTICLE
Detroit
Chicago
Hannibal
Quincy
Kansas City
St. Louis
Council Bluffs
Omahs
St. Charles Bridge Co
Aluminum price cuts spark cross Atlantic shifts
Despite a long standing gentlemen’s agreement, European aluminum price cuts push metal below 20 cents per pound duty paid in the U. S. American output remains at 33 cents. Aluminum Company of America dominates patents and sales on this side with plants in Niagara Falls Massena Springs Shawinagan Falls and New Kensington. Last year US production neared 6 000 tons amid a world total around 20 099 tons.
MENTIONED IN THIS ARTICLE
Aluminum Company of America
Canada
International Aluminum Syndicate
Atlantic
Niagara Falls
Massena Springs
N. Y
New Kensington
Penn
Shawinagan Falls
Can
New York Credit Men's Association Dinner At Hotel Savoy
The New York Credit Men's Association schedules its annual dinner and meeting at the Hotel Savoy on Thursday evening offering members an opportunity to review the year and discuss association affairs.
MENTIONED IN THIS ARTICLE
The
New York Credit Men’s Association
Hotel Savoy
Miners Return to Work After Toledo Agreement
About thirty thousand coal miners in the Pittsburg district resumed work today under the terms of the Toledo joint conference agreement reached last week.
MENTIONED IN THIS ARTICLE
Pittsburg
Toledo
Non-Member Banks Averages in New York City Jersey City Hoboken
The weekly statement of averages details banks in New York City Jersey City and Hoboken that are not clearing house members but clear through members. It lists average balances and related figures for the specified period.
MENTIONED IN THIS ARTICLE
New York City
Jersey City
Hoboken
New York Clearing House Association
United Cigar Manufacturers report for year ended 1907
The Trinited Cigar Manufacturers' Company reports 1907 profits of 2,271,603, versus 1,892,862 for the nine months ending 1906. After expenses, misc income, interest, and a 350,000 preferred dividend, net surplus stands at 84,033 compared with 509,323 in 1965.
MENTIONED IN THIS ARTICLE
Trinited Cigar Manufacturers’ Company
Stoss
Nipissing Mines issues second annual report findings
Nipissing Mines Company releases its second annual report covering February 1 to December 271, 197. The Nipissing Mining Company subsidiary shows total income of 1 502 762 with expenses of 273 7 leaving net profit for eleven months at 922 788 and total surplus of 1 520 236. Dividends totaling 769 000 were declared leaving net surplus on hand 760 236, up 450 723 from the prior eleven months. The Mines Company balance sheet lists assets and liabilities as 35.196661.
MENTIONED IN THIS ARTICLE
Nipissing Mines Company
Scond
Nipissing Mining Company
Coffee and cotton markets slide amid May liquidation
New York April 20 1908. Coffee market steady after May liquidation and European selling. Rio Santos receipts decline week to 89 000 bags with 315 000 last year and 79 000 two years ago. Cotton futures edge down with bearish European data, demand weak and weather variables uncertain. Wall Street early sellers pressuring prices while exports and domestic mills adjust to holiday pauses.
MENTIONED IN THIS ARTICLE
New York
Europe
Wall Street
Rio
Santos
United States
Victoria
Bahia
BRS SR
Germany
Liverpool
New Orleans
South
New York Cotton Exchange
Mills
Canada
Southern Mill
Aber
Mobile
Savannah
Charleston
Norfolk
Baltimore
Augusta
Salveston
Wilmington
Memphis
Houston
Little Rock
St. Louis
Galveston
New York Produce Exchange
Duluth
Northwestern
Minneapolis
Bradstreet
Wessler
Grand Trunk Railway Reports Six Months Ended December
Charles Rivers Wilson notes traffic receipts rose for years but declined after October due to a Canadian harvest shortfall and U S financial crisis. Management plans to curb expenditures while maintaining essential operations as construction progress continues amid labor and material shortages.
MENTIONED IN THIS ARTICLE
Grand Trunk Railway Company
Pest
Charles Rivers Wilson
Canada
United States
The
Markets Show Rain Dims Crops While Prices Rally On Mixed Signals
The report notes rains in the Ohio Valley and lake region with dry conditions west of the Mississippi. Winter crops in Hungary and Poland face varied outcomes. some regions show good prospects, others unsatisfactory. Spring seeding slowed due to cold weather. Commodity prices edge higher for wheat and oats while corn declines slightly on liquidation. copper and tin steady amid overall market quiet.
MENTIONED IN THIS ARTICLE
Ohio Valley
Lake Region
Mississippi
Manitoba
Kherson
Kieff
Poltava
Duluth
New York
Markets for Beans Peas and Dairy Products Reported
Domestic pea beans show limited trades with steady demand and small stocks, with prices quoted for marrow, great northern, white pea, red kidney, black turtle and other beans. Cheese and eggs weaker on rising supply, with new cheese from factories and higher egg prices amid tight storage. Apples and cranberries listed with regional figures and seasonal notes. fruit markets overall mixed as dry weather pressure and ploughing affect supply.
MENTIONED IN THIS ARTICLE
New York
Lima
Poultry and produce market report with varied items
Live fowls and poultry move heavy with cars on the track and jobbers basis. Prices for fowls turkeys ducks and old roosters set after last week with newer arrivals priced on a 14c to 19c range. frozen stock shows firmness while broilers move slowly. Vegetables and greens trade unevenly with potatoes asparagus cucumbers lettuce and onions showing mixed demand and steady to lower prices.
MENTIONED IN THIS ARTICLE
Fiay
Timothy
Remai Eady
Philadelphia
Pennsylvania
Indiana
Orleans
Celery
Florida
Kale
Norfolk
Baltimore
North Carolina
de Sa Carolina
Georgia
Texas
Bermuda
Silas
WebSi
Seth Carolina
Suth Carolina
Parsley
New Orleans
Carly
de Plain
Romaine
Charleston
Radishes
Southern
Jersey
Canada
Toledo
Allike
Chicago Grain and Provisions Market Summary
The Chicago wheat market rose on weekly statistics with May wheat near 7? to 7% cents higher, while corn weakened and oats held. provisions slipped. Strong demand from shorts and commission houses supported gains in wheat, while corn faced selling pressure from deferred futures and improving local receipts.
MENTIONED IN THIS ARTICLE
Chicago
Shorts
America
Minneapolis
Duluth
May
May Park
Nickel Plates Year The NY C L Railway Pamphlet 1807 Report
The full pamphlet report of the New York, Chicago and St. Louis Railway Company for the year ended December 31, 1807 has been issued. The income account compares and presents the year’s financial figures.
MENTIONED IN THIS ARTICLE
New York, Chicago & St. Loui S Railway Company
Surrogate Notices for Estate Claims in New York
Notices dated 1907 announce claims against Benjamin T. Marten Samuel F Myers George P Seymour and others must present vouchers to designated agents by specified deadlines in Manhattan New York City. Executors Einstein Townsend Guiterman Knickerbocker Trust Company warn claimants to file by May 1 1908 or March 1908 as listed.
MENTIONED IN THIS ARTICLE
Abner c Thomas
County of
New York
Blanche Sterling
Blanche G. Sterling
County of New York
Hull & Horton, Esqs
Broad Street
City of
Daniel B Childs
Edson Bradley
Hull & Horton
Borough of Manhattan
City of New York
Abner Co. Thomas
County of New Yorks
Benjamin T. Marten
W. H. van Sternberg
York
Robert B Marten
Benjamis
Marten
H van Steensergh
Wall Street
Manhattan Borough
Abner c. Thomas
Samuel F. Myers
Tate
Bertha Myers
Einstein, Townsend & Guiterman
Broadway
Manhattan
Fursuance Ouasie
Sew
George PF. Seymour
S Xileid
New Yor
Daniel Norman Seymour
Euceuta
Abner
Thomas
Georg’anna FL. Redmond
Borough of
Margent
Knickerbocker Trust Company
Davies, Stone & Auerbach
Nassau Street
New York City
Postal Revenue and Expenses Reported for Express Traffic
Earnings from express traffic and mail transportation reached 151000 dollars, up 3549 dollars or 22.87 percent year over year. Operating expenses were 6.63 percent of gross earnings, down 3.42 dollars from the previous year.
Involuntary bankruptcy filings flood U S District Court listings
Petitions filed against Wolf Cohen and George H Newhall spearhead a stream of involuntary bankruptcies. Receivers appointed include H T Andrews and Robert P Levis as assets, with debts and schedules showing millions in claims against Mercedes Import Company and various creditors including national banks and foreign firms.
MENTIONED IN THIS ARTICLE
United States District Court
Wolf Cohen
Essex Street
Greenpoint Bed Company
Louis Horwitz
H T. Andrews
George H. Newhall
West Lfth Street
Thomas C. Snedeker
FP. Bronson Monell
John Boyle Company, Inc
Reisig & Schwartzbart
Greene A. Rosen & Co
William A. Bugsy and Lazarus
City Island Shipbuilding Con Y
Marine Manufacturing and Supply Company
A. T. Hen Rford Brass and C Company
Charlies D. Durkee & Co
Shorman & Sons
East 1Th Street
F. N. Monro
Robert P. Levis
Leopold Gassner
East 10Th Street
Mercedes
National Bank of North America
First National Bank of
Bath
W. Morse
Garfield National Bank
A Braun
Also Mentioned on This Page
Steel Trust
Maryland
Berlin
GS. M. Cumming
Oriental Bank
Wabash
Dee Inc
Lee Deeps
Trusteos Inc
Gee A
Berva
Inc
United Cigar Manufacturers
Nipissing
Buffalo
Rochester
Colorado & Southern
Indianapolis
Louisville
Miles Wee
South Shore & Atlantic
Itepril
Detroit & Macki
SD O
International
Great Northern
siIs
Pai Sault Ste. Mar Mi
Peoria & Ie
Hidalgo
Northeastern
Merch
Siles
General Market Report
Grand Trunk Railway
Asm
Eas
Calcutta
Linary S
Patna
Ynday
Cuba
Jrass
Gale
Country Produce Markets
Western
Mae
Ting
California
Pacific
Sonemay
Weaq
Central Trust Co
Omaha
Charles Bridge Co
Pine Street
Chicago Grain and Provisions
Nickel Plate
Ind
Andrew
Cormace
Adrian A. Muller & Son
Wanananen
S .Aenoo
Vesey Street
William Crane
Norfolk & Western RR
Town Central Ry
Texas & Pacific Ry
Iowa Central Railwer
mos-Conklin Mortgage Trust Co
Paki Om
Central Pacific Ry
Mim
Mains Steamship Co
New York Life Ines
Oswego
Syracuse
Wabash R
Mtg
Flint & Pere Marquette R.A
Denver
Rio Grande
Chesapeake Western Ry
Pocahontas Co
Stiegel Lember Coram
United States Steel Ce
Fourteenth Street Bank
Brooklyn & New York Ferry Co
C. Bomes
Central of Georgia F. FR
Central of Georgia
Sshs Peoples Surety Co
Bla River Water Co
O. Keeling
Lake Erie R. R
Park Park
International Banking Corp
Bank of Commerce
Brooklyn Union Gas Co
Pank Booth International Power
Maryland Trust Co
Louisville & Nashville R
Union Pacifc
Tiliness Central
New Haver & Hartford R&r
Trust Co. of America
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