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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 01, 1913

Page

48

Currency reform debate in New Haven Chamber address

William Cornwell spoke before the New Haven Chamber of Commerce on currency reform. He argued the present system is not a real banking system and urged a plan concentrating gold, converting assets into cash, and providing elastic currency with central control to prevent gold outflows and meet business needs. He warned against central reserve fear and noted bankers favor a threefold reform.

William Cornwell New Haven Chamber of Commerce Jose France National Monetary Commission United States Central Reserve Association Washington Money Trust Rontary Commission Central Reserve Aseociatio Muance Cenger Aldrich Wld Sen Wulvec Alow Congress Wilson Trate Ens

Diary of Movements on the New York Stock Exchange

A diary notes lower prices and unsettled sentiment early in the week with delays, irregular prices, and trading limited on Wednesday. It discusses looming steps toward a regional reserve system, central control, and a gradual retirement of old banknotes in favor of a sound national currency backed by gold reserves, urging urgent banking legislation and congressional action.

New York Stork Exchange Marriman Whursday—Trading

Annual Pacific imports reach nearly two billion dollars

The Bureau of Foreign and Domestic Commerce reports Pacific coast trade totals about 2 billion dollars yearly. About 200 million comes from the United States, 500 million from the United Kingdom, 200 million from Continental Europe, and the remainder from nearer fields. Semi local exchanges mainly involve Japan, China, the Philippines, and related routes.

Urvison E Bureau of Foreign and Domestic United States Porte Pacific Vemany United Nigdon Auetralia Struste Settlement Song Kong Daten Bart Indies New Zealand Philippine Indo-China Siam Bolivia Corea Ecuador Pacifc Central America Mexico Colombia Canada United Kingdom Europe

Treasury finances show deficit from prior year

The brief report details the Treasury at the day’s start with a working balance of 0,117 S78 in banks and the Philippine Treasury. It lists the cotal of emnerat fund 55689, receipts 212474, disarmements 1,386,161 for the year, and a current year deficit of 7,518,001 compared to last year. It notes that figures exclude Panama Canal and public debt transactions.

United States ‘Treasury Philippine Treasy Emnerat Fund Meares Panama Canal

State Banks Clearing House Statement Summary

A detailed clearing house report from the State Banking Department outlines deposits and reserves across banks and trust companies in Greater New York. It notes totals, changes, and reserve percentages, with figures showing deposits near 80 million and notable declines in some categories, reflecting adjustments and regulatory effects.

Greater New Tore T.nane New York Janlew Ns Vail Rod Wes Ease Herml Reserve

Rail credit crisis prompts Interstate Commerce Commission call

A Hallway Mariners Association study shows railways with the lowest decade credit levels while other companies issue more notes at higher rates. Harvard’s Professor Hipples warns relief is needed to preserve public rail facilities, and editors urge a calm, constructive remedy from the Interstate Commerce Commission.

William Hiples Harvard Interstate Commerce Commission Wight

Railroad earnings rise for three weeks in May across US lines

United States railroads report a 79 percent gain over last year for the first three weeks of May with total earnings at 2.80 per cent above the prior year. Several systems show notable gains in the South and West while overall results remain a cushion after a slight recession from the previous two weeks. The accompanying table lists year to date earnings for three weeks in May and compares them with the same period a year ago, including two prior months' results and year over year gains.

United States Falt Roais Taree Bel Souther Louleville & Nashville Chesapeake & Ohio Missouri Facie Colorado & Southern Miscouri Kansas & Texan Minneapolis & St Louis International Great Northern St Louie Southwestern

Foreign Financial Field By Cable to The Tribune

London May 1 stock market dull with liquidation in Brazilian rails and Rio Tinto, Canadian Pacific fell on Berlin sales amid rumors of imperial loan. American securities opened lower then declined. Canadian Pacific weak, gold premiums steady. Berlin May 21 general slump as treasury bills issued for Imperial loan amid iron market weakness. Paris and London exchange rates noted with mixed closings.

The Tribune London Dulness Irvert Canadian Pacific Berlin Madrid Tishon American Securities St. Louie & San Francisco Shuft Caton Boerse Ermas Trperkal ‘Frank Pruselan State Bank Treasury Lst Traun Transian Imperial Bank

Money market steady with firmer tone on week end

The short week ended Thursday showed little change in money conditions. Banks pursued a cautious stance with firm White rates likely to hold through the year, while foreign reports point to a strengthening money situation abroad. Europe’s banks are accumulating gold as France and Germany refrain from gold payments.

Mank England Bank of Frince Ite Germany Hank Nikatous France

Stock Exchange Players Change Firms and Addresses

The article lists transfers and changes in stock exchange memberships, new resident partners, admitted or retired members, and updated addresses and branch offices for firms such as Potter & Co, McArthur Mayer, Gray, and others across cities including New York Chicago Pittsburgh Jersey City and more. Also notes firm name changes and partnerships shifting within the exchange.

George I Castes Louis E. Whicker Matcolin MacArthur Max Ro KE. Roseor Mathews Tippe & Co Broad Street Edward Potter van Antwerp Bishop & Co Ui Broad Street William Reilly Anderson, Burns & Co Broad Way George McAlpin Brown & Coombe Broadway Fellor Logan & Bryan Excelsior Springs Drench Lick Ind William Laver & Co East 4Th Street Ew York Shearson, Mammill & Co Pittsburgh Railways Exchange Chicago Post Brothers & Co Hotel Wolcott New York Paine, Webber & Co Marquette Mich W. G. Nickerson

Tariff Protest at May Meeting of Southern New England Textile Club

At Providence the Southern New England Textile Club debated tariff revision. A resolution protested the Underwood bill affecting cotton yarns and cloths. FG R Gordon, ex immigration inspector, reviewed post Morill tariff progress with figures showing farm wealth and mill output growth, noting higher wages by 1910.

Southern New England Textile Club Providence FG. R. Gordon United States Immigration Boston Gordon Huchanan

Wages rise and hours fall mark progress since 1860s

The 1910 wages exceed six times the 1860s level, with average earnings in cotton and woollen mills rising sharply and hours reduced from seventy to sixty eight per week in mills and forty eight in building trades. Savings and exports surged, and the Morrill tariff era is cited as fueling progress.

Eh Savings Bank United States

Also Mentioned on This Page

Monetary Commission Plan Henry Clews & Go Stocw N.Y Tel Beekman Clarke Brothers Nassau St Harvey A. Willis & Co Kconnell Wall St Bache Review Harry E. Thompson & CO British American Cigar Stores CO L.l.winkelman &Co U. S. Treasury Finances Ferry Companies MM Asura Ea XY Ferry Robs St. al Dette Ines Heponite Avera Manbor Serio Thesia Sian City Chemical Nation Kat Watchore & Deroy Soon Green Wien Ste Hanover Giize Centra National Nassau Fnac Sane Aso Canna Irving National Ational Tony Jerman Aveny Chase Netto Astin Trust Co Taneoile York Trust Oho Hs Franklin Trust Lincoln Trust Iwe Fae Rus Oo Yoink Free Litowsl Way Trust Nat Bane Sohn Tate Banks Uae Rust Lana Fe Wavite Ville Orleans Colorado Oat Duluth Coordi Southey Granieen Milwaukee Atlantic Minnewaip Louie Lowe Entrary Hatuonurt Fats Sthrurt Pacific Toledo Peoria Lanule & Western Stock Exchange Jona Rou Honda Paris Stock Exchange News Union Trust Chicago and Eastern Minors Railroad Company Equitable Trust Company of New Aie St. Louis San Francisco Chicago and Eastern Illinois Rate Road Company Chicago and E. Timole Rayroad Se. Loule & San Francisco Railroad Fond Lyst St. Louis & San Francisco Railroad Aes Chicago and Eastern Tilinola Railroad Add Illinois Company Fee Stark Chicago and Eastern Illinois Railroad Cem Aed Et Ganiged Ak Aiton Thable Trust Company New Year Street New York City New York Stock Exchange Henry J. Once ALN Krech Henry A. Verset Richard R. Hunter United States OF Mexico Tex Simiins Anton Connie Eer Araaent Cole Mbm Hox Rana Mae Payabie Asan Express Jan Seamare Heah St Lissening Company Bay Dune “ Ly of Sane Amer ‘An Topeka & Sam Hi Meatiwin Motive Jetvern ‘ 'i Iaune Uly Fu Ok Corporation Methlehor Steel Corporation Aheehieneni Steel Cox Te Okiya Tranelt Nation Vinbany Hay Iin Kiya Union Gas Company Dues Atmati Iwo Lak Np Goodrichs Granty Con Mining, Smelting & Power Co Northern Cubaldiaries Valles Railway Company Iinee Sully Tions Harsesty Co Rune Kings Light Company Mayer & Myers Tohucca Company Mackay Yas Mackay Comipantes Sly May Hisewie Company Yayational City Enainet Sane National Enaine Im Evel Jan National Lend Co Daneational Seal Company Nevada Consolidated Copper Company Rhye York New York Central Hudson River New York, New Haven & Lamford RW Co Norfolk Western Railway Company North American Company Ithern Oh Action & Light Company Diba Hrewlig Pittaburah Sleet Company Youngstown Ashtabula Hay Cannalidated Copper Company la Railway & Power Company Dave W . Woolworth Company Woolworth Company Hiltola Central North B&q Aly Pennsylvania Railroad Company Mayo
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