Norfolk & Western Dividends Cut Amid Earnings Dip
Norfolk and Western Railway reduced its annual dividend on common stock from 2 to 2 percent due to weaker earnings. Chairman Henry Fink cited a roughly 1 percent drop in gross earnings and little near term business, leading to the 5 percent preferred basis since October 188. The company sold $3008 two year 5 percent notes secured by a first lien deposit to Guaranty Trust, with proceeds to fund improvements and retire short term obligations.
MENTIONED IN THIS ARTICLE
Norfolk & Western Railway
Henry Fink
Premenst
Follesine
Norfolk & Western
General Morgan
Guaranty Trust Company
Chesapeake and Ohio Bonds Issued and Dealers Named
The Chesapeake and Ohio Billmen Company board authorized issue of 1.56 pounds of first consolidated 6 percent bonds to redeem Series A under 6 percent bonds maturing July 2 1908. They also approved sale of 6 percent notes due July 1 1914 to cover maturing notes, with Kuhn Loeb and Morgan & Co. handling the two issues. The new bonds reportedly sold at a premium.
MENTIONED IN THIS ARTICLE
Pennsylvania
Wall Street
Stock Exchange
Philadelphia
Pittsburg
P Burg
Harrisburg
Portsmouth
Pennsylvania Railroad Company
Chesapeake & Ohio Billmen Company
Heava
Stevie
Margotere J
Kuhn, Loeb & S
P. Morgan & Co
Investor offers bonds for two railway coal companies
Jacob Rubino offers investors a $100,000 New Mexico Railway and Coal Company first mortgage bond due Oct 1, 19 with 6 percent interest and accrued interest and a $156,000 Dawson Railway and Coal Company first mortgage bond due July 1, 1911 at 5 percent, both secured by guarantees from the New Mexico Railway and Coal Company.
MENTIONED IN THIS ARTICLE
Jacob Rubino
New Mexic Railway and Coal Company
First
Dawson Railway and Coal Company
First Gmortgage
New Mexico Hallway and Wal Company
NEW Mexico RY. & Coal CO
Dawson RY. & Coal CO
Phelps
Rubino Broad Street
Drexel Building
New York
Harriman Lines Map New Express Venture
The Daily News reports Milwaukee on April 22 that men from the Chicago Milwaukee and St Paul Rallnes Company organize the Continental Express Company to operate express service. The United Sister Express contract with St Paul will lapse in about a year and may not be renewed. The new company aims to extend across the Harriman system.
MENTIONED IN THIS ARTICLE
Nlwaukee
Daily News
Chicago, Milwaukee & St. Paul Rallnes Company
ConTiental Expres Company
Reed
St Paul «Veter
Harriman
Chicago
Argentina
Sac
Rtiec
Minneapolis
Duluth
Shorts
Mining expert reports North Butte on Copper veins viable
B Lowe, a mining expert, examines North Butte on Copper Company property and notes five distinct veins with strong ties to nearby districts. He says several veins could sustain a mine capable of competing with district leaders, while noting large potential widths at various claims. The company would lead any revival with shared railroad and smelter connections, after investing about 15 million dollars in development.
MENTIONED IN THIS ARTICLE
B. Lowe
North Butte On Copper Company
Fellers &S
Colonel Beliers
Traf
Sellers
Sunmerg
Dominionae
British Columbia
G A Granby
Atta Company
Senneet
Tury Mon Company
Ortien Eatent
Detroit United and Montreal Street March Earnings Snapshot
The report covers March earnings and March totals for Detroit United and Montreal Street lines. It lists gross earnings, operating expenses, net earnings, and surplus with figures for March and six month periods, noting changes and comparisons to prior totals.
MENTIONED IN THIS ARTICLE
Detroit United
Montreal
Carenee Hl
Fonda
Johnstown
Gloversville
Philadelphia market notes list varied produce and poultry
The clipping lists prices and items across poultry fowls ducks turkeys and eggs plus vegetables and herbs. Items include fowls dried picked scalded roasters and capons with prices. peppers peas Romaine radishes lettuce cucumbers mushrooms mint rhubarb tomatoes and greens with regional origins and unit quotes.
MENTIONED IN THIS ARTICLE
Philadelphia
Donnsylvania
Indiana
Long Island
Pdmcks
Florida
South Carolina
New Orleans
Bermuda
Romaine
Charleston
de Florida
de Bermuda
Southern
Jersey
Norfolk
Baltimore
Canada
Ao Southern
Dco Southern
Lore Island
Toledo
New York Meat Market Report Dated April 28 1004
Private London cables show a lower North American market with steady overall tone. Dressed beef bids eased modestly while live cattle and refrigerator beef held near previous levels. local shipments reported include 64 cattle 125 sheep and 1550 beef quarters with no shipments planned for tomorrow.
MENTIONED IN THIS ARTICLE
New York
Copenhagen
Holgers
Lima
Liverpool
Pennsylvania
Bay
Baldwin
Roxbury
Cape Cot
Jersey
North Carolina
Lake City
Charleston
Florida
Porto Rico
Oregon
Tse
MtUe
Gerber
Sacramento
Washington
State
Pacific Coast
Maryland
T. Ste
Long Island
London
Inter
Telegraph
Chicago
Oowe
Union Stock Yards
Pittsburg
Cales
Also Mentioned on This Page
P. R.R
Prtective Committee
Indiana Companies
la Fayette
Jefiana Nmeturel
Mlunimating
Ohio
Lagansport
Wabash Valley
Fort Werne
Meade
Sorfolk & Western
KEW Chesapeake & Ohio Bonds
Bond
Harriman Express Company
Guaranty Trust Company OF New York
Underground Electric Railways Company OF London, Ltd
Speyer & Co
Speyer Brothers
Lazard Speyer-Ellissen
Frankfort of Main
Teixeira de Mattos Brothers
Amsterdam
Sat. Railway Company
London and Westminster Bank, Limited
Guaranty Trust Company of
Associatio Cassa
Eureka
Nevada Consolidated
Cumberland-Ely
Chicago Grain and Provisions
Frederic H Hatch
Broad Street
Stor Tiv
Vcks Div
Ptz
Lsu
Jxceel&p.s
Lacka Ste
Brass
Lord & Tay
Nat Cash KH
Ing
Tig
Niles-Ham-P
Fratt & W
Borden's CM
Texas
Renton
Wu Empire S & I
United Bk N
Heck JJ Jer
Sun C Co
Charles I. Barnes & Co
Broadene
Ath Street Street
Lehigh Val RR
Marsden Sores
Phila
Cambria
Penn
Penn Stee
Fairmount Trac
Phila Elec Co
Phila Kap Tr
Amockeless
Vinten Deeckton
Rib Lake
Sup Corp
Welsbach
Lehigh Ronde
Sia Eni
Elec
Boylee & Pen
Phila Ce Incinces
Raitaway
Country Produce Markets
Asaragus
California
Artichokes
Gahruts
Cbleey
Wakefield
Chicory
Jorida
Lscaki
LIE
South
Caralisi
Ner
Obbl
Turkis Frbss
Do Sey
Jegés
Kale Norfolk
Bal- Amer
Bolgue
Georgia
Leeks
OKRA
THE
United States
England
James McCrea
Pittsburgh
Mount Joy
Lancaster
United New Jersey Railroad and Canal Company
Jersey City
N. J
New York City
Trustees of Securities
Messrs
N. M Rothschild and Sons
Baring Brothers and Co., Ltd
Kuhn, Loeb & CO
William and Pine Streets
Norfolk & Western Railway Company
Norfolk & Western Divisional
Gurranty Trust Company of
Nassau Street
Telephone
John
George
Dillenback
G Curtis & Son
Judd & Co
reon @ Co
Hetheese Lambs
Saies
Kerne Commission
Ompanyr
Cach & Judd & Co
Buffalo
S. Sanders
J. G. Curtis & Son
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