Maine Steamship Company Defaults on Bond Interest
The Maine Steamship Company of New Jersey, owned by the New York, New Haven & Hartford Company, defaulted on interest due August 1 for first iron gold bonds totaling 1,000,000 outstanding. The cause and motive remain unclear, with a protective committee seeking clarity on possible foreclosure to gain control of the operating Maine Steamship Company. Directors include Stevenson Taylor and John Hall McKay. the New Haven railroad holds 267,000 at 106.08 bonds.
MENTIONED IN THIS ARTICLE
yMaine Steamento Company of
New Jersey
New York, New Haven & Hartford Company
Nosason
Maine Streamship Company of Maine
New Jersey Company
Ncem
Wall Street
New York, New Haven & Hartford Railroad
Steamship Company
Steamship Company of Maine
New Haven
H. K. Knapp
Philip Lehman
Roswell Eldridge
Walter E. Frew
Frew
Corn Exchange Bank
New York
New Haven & Hartford Railroad Company
Maine Steam Company
Stevenson Taylor
John Hall McKay
B. R. Rooms
F. F. Palmer
George Q. Palmer
N. F. Palmer
Carroll Smith
George E. Weedship
Corn Products Merger Consolidates Into Single Firm
Stockholders of Corn Products Manufacturing voted to merge with Corn Products Refining, which had already acquired 21 of Manufacturing’s two stock classes. Twenty five dollars in cash per share and one Refining share per Manufacturing share. No increase in authorized capital stock.
MENTIONED IN THIS ARTICLE
Corn Products Manufacturing Company
Corn Products Refining Company
Corn Products
Corn Products Refining
Rate decision on Florida fruit routes by ICC
The Interstate Commerce Commission ruled that air rail rates from Florida base points to Northeastern cities are reasonable while carload rates to those cities are unreasonable. New maxima were set to take effect by Sept 15, with ongoing questions on lower carload rates for vegetables. Strawberries from Starke and Lawtey to New York see a reduced minimum weight and a new per crate refrigeration charge. other refrigerated costs remain undecided.
MENTIONED IN THIS ARTICLE
Washington
Proutt
Interstate Commerce Commission
Florida
Commison
Ohio River
California
Heston
Starke
Lawtey
Fla
New York City
International Paper strike over wage cuts sparks plant walkout
The International Paper Company announced a wage and salary reorganization that cut foremen and office staff by seven percent, triggering a strike by the paper makers' union. About two thousand workers, including machine operators and mill hands, walked out as the company faces a likely surplus of paper and aims to meet industry conditions amid a general business downturn.
MENTIONED IN THIS ARTICLE
Internation Paper Company
Saturn Hight
Mills to Cut Wages at United States Cotton Co Falls
Notices posted indicate a wage reduction to take effect in one week at the United States Cotton Company s Falls mill. Operatives report a 30 percent reduction, affecting about five hundred workers in the cotton sheeting and cambric manufacture.
MENTIONED IN THIS ARTICLE
United States Cotton Company
Harriman Seeks Rail Road Stability in Chicago Note
Howard Harriman speaks in Evanston about a Wheeling & Lake Erie note deal aimed at saving a troubled rail system. He denies a hidden plot and warns against receivership, predicting better times if agriculture and labor hold steady as railroad leaders meet in Chicago and seek balanced regulation with protection.
MENTIONED IN THIS ARTICLE
Chicago
Howard H. Harriman
Wheeling & Lake Erie Railroad
Piace
Evanston
Chicago & Northwestern Railroad
Harriman
Siskiyou
Wheeling Lake Erie
The
Erie
Pittsburg
Lake Erie
Pacific
United States
Interstate Commerce Commission
Finland
Harriman Lines
Merchants’ Loan and Trust
J. C. Stubbs
Julius Kruttschmidt
S. M. Felton
Mexican Central Railroad
E. P. Ripley
Santa Fe
J. J. Mitchell
Illinois Trust and Savings Bank
Marvin Hughitt
Union Pacific
Taft
Colorado & Southern Surplus Rises on Year End Figures
Denver reports the Colorado and Southern railroad shows a year end surplus of 2,127,522 after operating costs and taxes. The surplus gains 35,668 from the prior year with gross earnings reaching 214,525, increasing 996,731 over last year. Operating costs total 9,594,000, up 512,376, while net operating revenue stands at 4,658,072, up 73,477.
MENTIONED IN THIS ARTICLE
Denver
Colorado & Southern
Chicago closing stocks overview and figures
The listing shows American Can at 1 percent, Diamond Match notes, National Biscuit, American Radiator, and various sector firms. Shipbuilding, National Carbon and Booth Packing appear with preferred shares around 110 to 130 percent, alongside People’s Gas and other utilities.
MENTIONED IN THIS ARTICLE
People’s Gas
Raves Am
Auction of Stocks and Bonds by Mullers at Vesey Street
Regular auction sale of stock and bonds by Adrian H. Muller & Son on a Wednesday in August 1908 at 12:30 PM in the Exchange Salesroom Vesey Street. Executor E. Ish Cuba Company, par value $50,000, with numerous listed holdings including Cuba Railroad Co., Long Rope & Twine Co, American Seating Co, Gulf & Chicago R R Co, and many others, plus liquidation of 24 Nations Bank of Jersey City and various mortgages and certificates. Details show multiple corporations, bonds, preferred and common stock, and dates through 1935.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Adrian H. Muller & Son
William T
Vesey Street
E. Lsh
Cuba Company
Cuba Railroad Co
State Bank
Johnstown
Gloversville
Kingsboro Horse R. R. Co
P. c
Fonda, Johnstown
Gloversville Railway
Cayadutta’ Electric Railway Co
Mtge
Certif
Standard Co
N. Y
Trustes
American Meter Co
Dayton National Bank of
Dayton
Ohio
Liano Mining & Milling Co. of
Aris
Texas & Pacific Coal Conae
Eea Co
United Copper Co
Common
Cleveland Electric Illuminating Co
Nassau Trust Co
Colorado Springs Electric Co
Mort & Security Co
Hs. S. E
Indiana
Decatur & Western R. R
Eastern Steel Co
Menomines Br
Ccempeamate
Philadelphia
Hwartschild & S
Minneapolis
Setaxtuhcir & Son
Oes
Swift Beef Co
Morris Beef Co
Oceanic
Celtic
Cioan
Armour & Co
United Cressed Beef Co
Bermudian
Boston
Baltimore
Montreal
London
Liverpool
Glasgow
Antwerp
Manchester
Bermuda
West
Ssscossecees
Jersey City
60Th Street
Sanders
Virginia
J. Shamberg & Son
West Virginia
McPherson & Co
Kentucky
Tobin & Shannon
Cone
S. Judd & Co
J. G. Curtis & Son
Jelliffe, Wright & Co
Nelson
Andrew Mullen
H. H. Hollis
Joan Deucey
W. R. Hume
Otis & Co
Kansas City
Eee J. PF. Nelson
J. G Curtis & Bon
A. Tm
We F. Hume
Norfolk and Western and other lines earnings report
Railway earnings data for June and year to date covers Norfolk and Western, Atchison Topeka and Santa Fe, Minneapolis St Paul and Sault Ste Marie, with miles operated, gross and net earnings, and 12 month totals. Detailed figures include per line segment, months, and ranges for cattle and calf markets in Philadelphia and Milwaukee areas.
MENTIONED IN THIS ARTICLE
Norfolk & Western
Atchison
Minneapolis
S&t. Paul & Sault Ste
Geen Cain
Seccen
Esa
Also Mentioned on This Page
Maine Steamship Co
New Haven Road
Corn Products Merger
Paper Company
International
Colorado & Southern Report
San Francisco
Ophir
Sierra Nevada
St Louis
Cal & Va
Union Con
Con Imperial
Utah
Crown Point
Gould & Curry
Hale & Norcross
van Echsick & Co
United Railway
Nerf Ry & L
Light & Pre
Chas Con
Cent
Union
Fidelity & Dep
Maryland Trust
Do Cesses
Nor Cent Ry
Best & Albany
Zio Cal & Hecia M
Boeton Elev
Fitchburg
M. Nynh&ha
Franklin
Ou Colony
Granby
Ny Ns Mass
Meeseae Cos
Butte
Osceola
Th & T
New Eng Tel
Tel & T Co
Quincy
Ed Tamarack
Atlantic
Shannon
Binham
Boston Cone
Lehigh Vaie
Weehawken
West Shore
Mer
Georgia Railroad & Banking CO
Georgia Railroad & Banking Company
Louisville & Nashville Railroad CO
Atlantic Coast Line Railroad CO
Hese Bonds
John W. Dickey
Broad ST
Augusta
Georgia
Joseph Walker & Sons
York
Manhattan Railway CO. Consolidated
First
State of
New York Stock Exchange
Manhattan Railway Co
Manhattan Railway Co Consolidated
Manhattan
Bronx
New York Elevated Railroad
Moffat & White
Nassau Street
Redmond & CO
Pine Street
W. Harris & Co
N. & William Streets
New Y
Bay State
Bay State Company
P. S
St. Paul
First National
Yukon
Trinity
Thomas W. Lawson
Cenit Wright & Co
Otte & Co
Dillenback
S. Sanders
Judd & Co
Maryland
Newton & Co
Kent Lambs
Byer
Kerns Commission Co
Virginia Lambs
Studd & Co
Frederick J. Kratz
J. P. Nelson
CE Walla
Eam
Cal
Sancal
Quartermaster’s Department
Pe Ae
George Mekew
Nowee Ee Public Library
Aster
Fifth Avenue
Fortieth
Joseph I. Michael J. Sennepy
Commissioners of Parks
Whitehall
U. S. Army
WM. S&s. Patten
Wlard
J. P. le
Senate
Sukie & Son