Maine Central notices reorganization and Canadian mining plans
The article reports a Maine Central firm in Augusta filing a formal notice to be reorganized under Pettibone Mulliken & Co of Chicago. It also covers Canadian mining ventures including a new Canadian Mining and Exploration Company with $5,000,000 capital, plus plans for Canadian cement competition and US bank and rail sector updates with earnings outlooks and note on coal prices and rates.
MENTIONED IN THIS ARTICLE
Maine Central Central Bas
Augusta
London
The
Brasien ‘Tenet and Loan Corporation
Brazi
New York
Ontario & Western
Pennsylvania
Northern Texas Electric Company plans major upgrades in Fort Worth area
The Northern Texas Electric Company, operating 105 miles of interurban lines, seeks to raise 6000000 in preferred stock to fund improvements. A Fort Worth Traction subsidiary will build a 28 mile line to Cleburne, boosting earnings. The company reports strong March earnings and a 10.64 percent twelve month surplus on common stock.
MENTIONED IN THIS ARTICLE
Northern Texas Electric Company
City Electric
Forth Worth
Tex
Tte
Fort Wo
Fort Worth
Galveston-Houston
Thatric Company
Galveston
Houston
Ite
The Crop and Markets Overview in Wheat and Commodities
A summary of yesterday's market activity shows modest corrections in wheat amid a downward trend with May contracts slipping on liquidation. Snow's report cited 45 percent of spring wheat yielding favorable results while overall prices drifted. corn showed bearish pressure, and coffee remained steady. Local prices closed unchanged to four points lower, with provision markets mixed but largely steady as traders responded to private bullish and unfavorable crop quality signals.
MENTIONED IN THIS ARTICLE
Santen
Market Report From New Qore May 21 1912
Weather and demand influence wheat futures with a sharp May break in delivery near term. Prices for No 2 red here around 12 dollars, Canadian and European markets show mixed changes, while cash wheat and futures reflect light activity and modest declines amid large cargoes and industry reports.
MENTIONED IN THIS ARTICLE
Oma
Kenney Steel
Namie
Holley Sic
Sear
Sandnal Walley
Eadstreet
Anti Lawk Yoor
Alton Padis UA Losehucm
Market report on mixed livestock and produce prices
Receipts of cattle hogs sheep and lambs mixed. grain and dairy items show steady to weak trends. Beef and pork markets, dairy products and eggs cited with varying regional quotes. fruit and vegetable sections note oversupply and price adjustments. overall tone cautious with demand fluctuating.
Missouri Pacific chief reports bumper crop and finance strain
Benjamin F. Bush, president of Missouri Pacific Railway, said wheat in MP territory Kansas Nebraska Oklahoma should be bumper despite crop reports. He noted available funds for improvements, warned financing pressures if expenses rise and revenues fall, and criticized federal spillover estimates for flood relief and canal spending.
MENTIONED IN THIS ARTICLE
Bush
Benjamin F. Bush
Missouri Pacific Railway Company
Kansas City
Omaha
Missouri Pacific Territory
Kansas
Nebraska
Oklahoma
Commission
Wight
Missouri Pacific
Mixaissippi Valley
Busty Saits
Panama Canal
Mississippi
Rubber Plan Approved At United States Rubber Co Stockholders Meeting
United States Rubber Company stockholders approved the directors financing plan with a two thirds vote and the board called a special meeting for June 17 to authorize increases in common and first preferred stock. The plan raises authorized common to 10,000,000 and first preferred to 8,000,000 while issuing a 2 percent common stock dividend and offering new preferred stock pro rata at par. An attorney for minority holders questioned the need for a $45,900,000 capitalization rise to raise only $10,000,000 cash, but the president said a special meeting will be held for authorization and that the increase is for convenience and future funds.
MENTIONED IN THIS ARTICLE
Uhe
The
American Railway Association
United States
Canada
United States Rubber Company
Ute Ures
Coli Wt
mMeh
Colt
Seung
Canada Heavy Ore Buyer Sets New Ashland Season Peak
Ashland Wisconsin reports a massive ore trade with Canada, forecasting 250000 tons to be shipped this season, more than twice any prior season. Grain and port congestion at Fort William and Tuluth slow shipments, while U S and foreign stocks rise as dividends and municipal notes rise. A National Naswaa fark stockholders meeting plans four new directors as the board expands from seven to eleven.
MENTIONED IN THIS ARTICLE
Ashland
Wis
Canadian
Canada
Lake Superior
Fort William
Tuluth
Carogen
Tong
Buffalo
National
Naswaa Fark
Boned
Copper at 17 Cents Advances in London and U.S. markets
Copper prices rose a eighth of a cent per pound to 17 cents amid strong export demand from United Metals Schline and major independents. Domestic sales at 17 cents, with limited 16 1/2 cent offers, and European demand cited. Amalagamated Copper Company president John Dyan left for Europe for three months amid hopes for no asset distribution until his return, with an upcoming annual report showin g a surplus near 2.0 million after dividend deductions. European stats claim copper thread consumption at historic highs with European shipments near 800 million pounds yearly.
MENTIONED IN THIS ARTICLE
Itan
United Metals Schline J Company
London
John Dyan
Amalgamated Copper Company
Europe
Wite
Wall Street
Amalgamated
Anaconda
Carninin
Forming J. R. T. Syndicate Subscriptions Near Close
Subscriptions to the J. R. T. syndicate will close Tuesday as Interborough bond issues are allotted. French bankers’ demand is strong. European participation high. First instalment of fixed 7.0% will be offered near par after Court of Appeals decision on preferential payment.
MENTIONED IN THIS ARTICLE
Interborough Rapid Tean
J. Morgan & Co
Europe
Court of Appeals
Grain Flows Into Buffalo as Elevators Load Lake Cargo
Grain deliveries surge in Buffalo with every arriving vessel unloading at local elevators. Since navigation began, about 2,700,000 bushels have been received from upper lake ports, up roughly 300,000 bushels from last year. Railroads cooperate with elevators to avert blockades, moving grain toward tidewater at about 140 cars per day.
MENTIONED IN THIS ARTICLE
Rata
The Cotton Market Falls Despite Holiday Quiet
The cotton market opened dull with many brokers away for Memorial Day and Liverpool New Orleans closures. Prices drifted to a net low as demand lagged and the weekly New York Exchange figures showed steady to lower activity. interior stocks and Sub-Treasury movements were reported, with funds and currency changes reflecting a cautious market stance.
MENTIONED IN THIS ARTICLE
Beptemier
Youlay
Sialio Seaboard
Thom Wienne
Pany
Deccaragat
Roperia
Bradstraet
Cheney
Santos
Ameri
Apia Banke
Ontta
Atwettewi
Lehighton
Mint
Benell Kage
Landon Eaay
HTC
Howeten
Gos Halen
New Rey
York
Louie Dnitverys
Peices
Liverpool
New Orleans
Ainish
New York Cotton Exchange
Canada
Milly
Interior Paints
Sub
Ugalnet
Interior
Bago
Boston Wool Market Amid Holiday Interruption
The Commercial Bulletin notes fair wool trading in Boston this week despite a holiday. Demand centers on medium to coarse wools with robust interest in new Utah and Arizona lines at 63 to 68 cents clean. Prices trend higher in western fleece and market activity shows excitement.
MENTIONED IN THIS ARTICLE
Ateady
Goges
Louis de
Cherp
Llamas
Fontan
The
Boston
Conree
Utah
Arizona
Niagara
West
Steudy
Albany
Athens
Public Service Commission
Niagara Palle Power Company
Bonde
Morton
Ywaje
CanadiansNiagara Power Comanrascy
Isa ivaneNiagara Power
Chicago grain and provisions market mixed amid July heat fears
Chicago traders weighed 10 day futures as heat expectations influenced grain and oats prices. Wheat and corn moved varied with declines in some days and gains in others. Prices for soybeans and seed offerings appeared unsettled while oats traded in narrow ranges. sentiment hinted at mixed directions ahead for summer cash markets.
MENTIONED IN THIS ARTICLE
Chicago
Fasorat
Nome
Kagwis
Nebraska
Berg
Also Mentioned on This Page
Bref Hotel OF Finance
Pettibone, Mulliken & Co
Chdcago
Fete
Tt Ir
New Canadian Cement Company
Toronto
Joseph Stein
Charles Irwin
Interna
Canada Cement Company
Minmy Corporation
Canadian Mining and Exploration Company
Ontario
Ito
Yis
Fot
Fts
Red
Pittsburgh
Ottawa
Dominion Woverns
Canadan Pacific
Great Northwestern
Ith
Earl of Railway Commissioners Fy
Sperer & Co
Mexico
Tendon
Amsterdam
St. Louis
Texas
Philadelphia
Erie
Erle
Steel Corporation
Fawkers’ Magazine
London Stock Exchange
Winnipeg
Tmindi
Idaho-Oregon Light and Power Company
Taho-Oregon Light and Power Company
Maine
Oregon
Boise-I Mayette River
Public Utility Notes
Securities Corporation General
Vite Delphia
Taw
Virginia
Mnex
Electric Hand and Sky Company
United Electric Securities Company
Chandler Bros. & Co
Steck
Mitchell
Electric and and Share Company
D. Toland
Trust Company of North America
P.M. Chandler
Chandler Brox, & Co
Mr. Mitchell
Toland
Chandler
A. J. Hemphill
Guaranty Trust Company
J. G. White
J. G. White & Co
F. W. Roebling, Jr
Joan A. Roebling Lone & Co
Portland Railway, Light and Power Company
Salem
Oré
Portland, Eugene & Hastern Railway Company
Welch
Tts
Salem Gaa
Portland Railway
Portland, Eugene & Eastern
Eugene
Monroe
Corvallis
Imia
Lew Cmt
Bia
Macon
General Market Report
Dominion ‘Textile Company
Corero
Ase
Knickerbocker Trust Company
W. Irving Osborne & Co
Ltn
Herretary
Country Produce Markets
Tele Laval
Peter Nipport
Clowe
Lecembet
Pal Wish
Ba Naval Sromts
Spiris
Shunbere
New Yorks
Tobin
Shannon
Halle
Elias
Mau
Bee
Kerna Commission Company
Cary BS
Trom
Enle
Talat
Willett & Gray
America
Tully & Shannon
Newton & My
Hume
T. Ulin
Lrexaes
Shannon Spring
McPhers
Maryland
Pennaylvanie
Ohio Inuetty
Ty the Sould & Co
Tobin & Hinanon
Tate Howe
Ruyera
Enole
Atric Nck
Kennery Innwas
Iood
Gure
Corma
Lelaware
Mary
Jane
Hietior Crater
Larne Hales Artorigy
Caronda
Rome
Dutton
Paney
Lome Die
Wrotlers
Hagzio
Ted
Faney
Ize
Logo Fryers
IT Apts
Vicket
Mme
LLY Om Yi
Stipige
DUC
Jersey
Sabi Zlain
Grven
Sige
Mallforian
Bermuda
North Carolina
Lettuce
Petia
Jerany Maketh
Lima Hieans
Baltimore
Huwehen
York Central
Parario
Choles Baba
Aguilatec
Ha Co. ES Dennaylvante
Rouaha
Calvary
Hull
Salon
Southerd
Ots
ST. Wethers
M. P
Canada Heavy Ore Buyer
United States Steel
Twin City Hapld Transit Company
Chicago Telephone Company
Manila Eleetric Battrosd Sed Lighting
Globe Weenleka Company
Come Mtn
Juna Ie Colorado Gas and Fuel Company
Cris Hurold Company
Arkansas Valley Railway Light-Fower Company
Muskoger Gas and Electric Company
Perent
Blanchard Gas and Electric Company
Sents
J. R. T. Syndicate
Boston Wool Market
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