Norfolk and Western Dividends Cut and Debts Sold
The Norfolk and Western Railway cut its semi annual dividend on common stock from 2 percent to 2 percent amid a 25 percent drop in gross earnings. Henry Fink cited lack of near term business as reason for the cut. The company plans to use $16 million from two year 5 percent notes sold to Guaranty Trust to fund improvements and retire short term obligations.
MENTIONED IN THIS ARTICLE
Norfolk & Western Railway
Henry Fink
Norfolk & Western
General Mitteage 47 Cent Bonds, To the Guaranty Trust Company of Tscite
Chesapeake and Ohio Rallue Company Bonds Authorized
Directors authorized a 12.96.99 million issue of first consolidated 5 percent bonds to redeem 6 percent bonds due July 1, 19. The board also approved issuing 1 percent notes due July 1, 1919 to cover maturing notes. Kuhn, Loeb & Co and J. P. Morgan & Co expected to manage the deals with bonds reportedly sold at a premium.
MENTIONED IN THIS ARTICLE
Chesapeake & Ohio Rallue Company
Povide
Kuhn, Loeb & P. Morgan & Co
Bond offers to investors for New Mex and Coal Company and Dawson Railway
Five offers to investors include a $100,000 first mortgage and Ss note by the New Mexias Rail y and Coal Company due October 1, IM7 with a stated rate and $150,000 stake on a Dawson Railway and fret mortgage collateral at 5 percent dated July 1, 191_, secured by the New Mexias Rail y and Coal Company and guaranteed by the same.
MENTIONED IN THIS ARTICLE
First Mortgage & Ss
Dawson Railway
New Mexias Rail Y and Coal Company
Underground Electric Railways Company OF London, Ltd
Guaranty Trust Company OF
New York
Harriman Express Company Rumor Prompts Consolidation Talk
The Daily News reports Milwaukee April 2 that men from the Chicago Milwaukee and St Paul Railroad and the United States Express are organizing the Continental Express Company to run express service for the system. The current United States Express contract is due to expire in about a year.
MENTIONED IN THIS ARTICLE
Milwaukee
The
Daily News
Chicago, Milwaukee & St. Paul Rainer Company
Continental Express Company
Se United Fistes Express Company
SRM
Harriman “Sten
North Butte Copper Mine Veins Highlight Potential Value
TM B Lowe reports on the North Butte property saying the mine hosts five distinct veins with strong prospects. He notes Colonel Sellers and others identifying wide veins and joint prospecting at depths, while activity has lagged in the region and a restart would rely on the Tish company.
MENTIONED IN THIS ARTICLE
B. Lowe
North Butte On Copper Company
Sphinx
Felice
Colonel Beliers
Colonel Reed
Sellers
March Figures Show Mixed Earnings Across Lines
In Montreal and surrounding lines for March, gross earnings reach notable totals while operating costs stay high. Net earnings, changes, and surplus figures appear for the road and rail segments, with several months summarised and a mix of gains and declines reported.
MENTIONED IN THIS ARTICLE
Montreal
CURIE
FONDA
Johnston Gloversville
Market Report Shows Beans Peas Butter and Eggs Prices
New York data shows receipts of beans and peas with imports from Copenhagen. Market tone steady for marrow beans and choice peas, with yellow eye prices rising to 25 and 35 for various bean and pea grades. Butter and cheese markets steady to lower with mixed quality offerings, and eggs showing slight declines before firming at close. Hay and poultry fruit steady demand with supplies mixed, vegetables include variable potato, cabbage, and tomato movements across regions.
MENTIONED IN THIS ARTICLE
New York
Copenhagen
Liverpool
Pennsylvania
New York Cattle and Calf Market Report April 28 1906
Receipts include 56 cars direct to slaughterers and 2 for the market with no trading today and steady feeling. Live cattle drop to lic per lb while dressed beef brings lic per lb. private London cables show lower market. Calves total 394 head. trade slow and prices weak to mids, city dressed veals at 11c per lb. Sheep and lambs receipts 15 cars totaling 2 958 head. market supply light, lambs firmer, fair to good shorn sheep at 4 1 0 per 100 and unshorn lambs higher.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
Minneapolis
Duluth
Shorts
Ébc
Mberal
Baldwin
Roxbury
Cape Cod
Jersey
North Carolina
Do Lake City
Do Porto Rico
Oregon
Washington
State
Salt Pacific
Express
Maryland
Long Island
New York
Beeves
London
Liverpool
George
L. S. Dillenback
J. G Curtis & Son
Ao S
Judd & Co
McPherson & Co
Kerns Commission
Tevin & Shanner
Wasborn
McPherson
S&s Judd & Co
Buffalo
Pittsburg
Salas
J. G. Curtis & Son
Telegraph
Tvo
Lambda
Union Stock Yards
Kansas City
Acon
Also Mentioned on This Page
P. R.R
Wall Street
Rer
Stock Exchange
Philadelphia
Harrisburg
Portsmouth
Mount Joy & Lancaster
United New Jersey Company
Penn
Kgege
Penns ®Enia Railroad Company
Jersey City
Pennsylvania Railroad Company
Protective Committee of Indiana Companies
Indienager
la Fayette
Jaffens Nature and Iluminating
Ohio
Indiana
Logansport
Wabash Valley
Fort Warne
Bongholders
Reorganization Committee of Stockholders
Tenéholders
James Telcott
Herbert L. Satterlee
John Henry Hammond
Eugene G. Foster
Alexander Foss
L.A Ramage
Sorfolk & Western
Chesapeake & Ohio
Road
Harriman Express Company
Dominion
British Columbia
Jaya
Granby
Boundary District
Tish Company
I Company
Téitcad
Guaranty Trust Company
KPW York
Speyer & Co
Speyer Brothers
Lazard Speyer-Ellissen
Frankfort of Main
Teixeira de Mattos Brothers
Amsterdam
London and Westminster Bank, Limited
Associatio Cassa
Speyer & Coo
NEW Mexico RY. & Coal CO
Dawson RY. & Coal CO
Dange &E “Jacob
Rubino Broad Street
Drexel Building
Eureka
Nevada Consolidated
Cumberlandly
Chicago Grain and Provisions
Broad Street
Frederic H. Tatch
Lacka Steel
Lord & Taylor
Nat Cash
Niles-Hem
Foy
Pratt & W
Borden's
Texas
R& L
Trento
Union Carbide
Union Ferry
United Bk N
Kirby Leon Ea
Heck JJ
Sun C Co
Lex FM
Ole Co
Fairmount Trac
Phila Elec Co
Ibs
Gen Asphalt Oy
Phila Kap
Ars
Ins Co
N Traction Fay Lake Rap Corp
Welsbach
Phila Co
Detroit
Country Produce Markets
Illinois
Bermuda
Florida
Maine
Penania
Western
California
Orleans
South Carolna
New Orleans
South Carolina
Wakefield
Escanole
Charleston
Norfolk
Georgia
Leeks
Romaine
de Florida
de Bermuda
Southern
Baltimore
Crookneck
Canada
de Long Island
Toledo
United States
England
James McCrea
Pittsburgh
Mount Joy
Lancaster
United New Jersey Railroad and Canal Company
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
Ihe Guaranty Trust Company of
Norfolk & Western Divisional
Wwerr
Curranty Trust Company of
Nassau Street
Telephone
John
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