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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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