Notes of Finance and Industry Across the Nation
Finance notes reflect stockholder discontent and calls for new policy as readjustment hits markets. Arizona legislative moves and New York state financing ideas loom, while paper industry mergers and Du Pont dynamite use for agriculture show shifting economic tactics across sectors.
MENTIONED IN THIS ARTICLE
New York
Bond offerings and bids for municipal and corporate securities
A garbled OCR listing multiple bond issues and bids including United States four year 6 percent coupon bonds due 1917, tax free bonds, and municipal issues in Minnesota New Jersey Illinois and Marion County with dates in May and June. The report notes bidders like Getter May & Co Chicago and Sidney Spitzer Co and mentions improvements and refunding plans.
MENTIONED IN THIS ARTICLE
Getter, May & Co
Chicago
Ritesefl
Lay's County
Minn
Curb Echoes and Arizona Mine Tax Bill Details
The report notes the Arizona governor signed a tax bill increasing mine valuations, tying value to net profits and improvements. It mentions Tolano-Continental Company stockholders meeting to ratify a 1 9 5 0 arrangement for funding Western Smelting and refining projects, debt changes, and development expenditures including mine shaft depth recommendations.
MENTIONED IN THIS ARTICLE
Met
Arizona
Retkholders
Tolano-Continental Company
Weternstions
Portnitt
Ard
Manent
Cad Company Notes Paid From Convertible Bonds Sales
Cad Company's 50,000 three year notes maturing June 1 were paid in cash yesterday from proceeds of 65,250,000 twenty year 1% convertible bonds sold last winter. In most European countries the practice is to meet such paper the day before its Sunday maturity. Baltimore & Ohio votes abroad were taken up Saturday in London leaving the treasury unencumbered with securities valued at 80,000,000. The railroad states no plans for extensive expenditures, noting Daniel Willard's three year administration improved the property.
MENTIONED IN THIS ARTICLE
Cad Company
Baltimore & Ohio
London
Baltimore @ Ohio treasury
Daniel Willard
BEM & Ohio
Marine’s Earnings Off an eponym year end report
The Mercantile Marine Company reports a combined surplus of 3,787,911 for the year ended December 31, with earnings just enough to cover preferred dividends and leave 1.97 percent on common stock. Leyland and National lines show separate profits, while Titanic disaster insurance fell 1,495,885. Vessels total 11% across services, with 1,071,530 gross tons now and 208,075 more on new ships, plus a tribute to Pierpont Morgan and Clement A. Grimcom for guiding the company.
MENTIONED IN THIS ARTICLE
Mercantile Marine Company
Leyland and National Lines
Pew
Ater Pierpont Morgan
Clement A. Grivcom
Innational Mercantile Marine Company
Public Utility Notes On Market Decline And Company Earnings
Henry L. Doherty & Co say the market drop does not reflect a company's finances. Cities Service Company likely earns 17 to 15 percent on common dividends this year, with common stock around 6 to 104. Byllesby & Co win merger approval for Louisville electric and gas utilities. suit claimed anti trust violation, court ruled consolidation legal. Montreay debt Heat and Power reports near 16 percent net on common stock with surplus after expenses. Cedar Rapids Electric development noted. American Water Works and Guarantee Co reports net earnings of 1,704,000 for year ended April 30, versus 1,606,051 prior year, with 6 percent dividends on preferred stock and rising overall earnings.
MENTIONED IN THIS ARTICLE
Henry L. Doherty & Co
Cs Lengar
HM. Byllesby & Co
Kentucky Court of Appeals
Loulaville
Leuleville
Snl Power Company
Holt
Tulk
Cedar Rapids Company
Attorney General Reviews Union Pacific Southern Pacific Merger
Washington June 7 Attorney General McReynolds received copies of government dissolution plans for the Union Pacific Southern Pacific merger. He will study the proposals to decide the government stance under the Sherman act. He has not fixed a date or venue for any potential suit to separate Central Pacific from Southern Pacific.
MENTIONED IN THIS ARTICLE
Washington
Gener
McReynolda
Union Pa
Union Pacific-Southern Pacific
McReynolds
Central Pacific
Hiems of Wall Street stock and dividend roundup
About 49 09 shares sold yesterday for foreign account largely from Amsterdam Berlin and Paris Dividends declared include American Manufacturing Co quarterly per cent payable June Muftalo Stines Om Lad quarterly 5 per cent and regular 2 per cent extra Aug 13 Hellgrant Co quarterly per cent payable June 36 to stock of record June 7 Eastman Kodak 9 per cent on common payable July 1 Mergenthaler Linotype quarterly per cent payable June 36 to stock of record June 7 Pittsburgh Terminal Warehouse and Transfer Co monthly 18 cents payable June 30 to stock of record June 1 Joseph Kahnay Latt Heat and Power Co quarterly 1 per cent on preferred stock payable July 1 Swift & Co quarterly 1 ½ per cent payable July 1 Union Golden quarterly 1 per cent payable June 10 to stock of record June 18 Erie Railroad April operating revenue $001.00% up 2271788 vs April last year. expenses up $3,600. net earnings down $1 亿元 Net figures provided for several rail systems including New York Central Lines April gross $2 721000 up SUMLEK. Northern Pacific April gross $6 totals. National Railways of Mexico April gross $4 004 702 net earnings $12043 down $78 239. Atlantic Coast Line April gross $? up. Ledboard all line April earnings and net income noted.
MENTIONED IN THIS ARTICLE
American Manufactering Cay
Sterke
Muftalo Stines Om. Lad
Feyawie
Hellgrant Co
Tecoed
Chicago
Nowk Ueland & Pacttie, Auarterly
Eastman Kodako
Gamgrnneim Exploration
Tialianapolis Street Allway Co
Seminane Nua
Mergenthaler Lanorrpe
Pittshurkh ‘Tetoinal Warehouse and Transfer Co
Raulway
Iptita
Uasterly
Joseph Katimay
Latt
Heat Ant Power Co
Dale Hy Stork
Peeard Dane Swift & Co
Ta Etek
Tecard
Yunon Gelden
National Railways of
Mexico
Atlantic Coast Line Railroad
Sowa
Amr
Goldfinger
Goldfinger & Kats
Abrabanas
Baur
Nowe Atwood Street
Brooklyn
Himalata
Phe Tittealaya Mining
Maiden Lane
Biel
Atueteled
Ehetuies
Eutstenal
Sonulman & Koldehove
Schulman & Koldehofe
New York
Apperson Motor Cs Co
Seventh Avenue
Fulalt
Somets
Fonda
Accouns
SLAM
Cninim
Mater Companien
Ite
Creditore
Kono
Moony
Fea Parker
Merican
Fernuem
Maite
Aira No
SM Nathgate
Carlipany
Mortkaurs
Morris Karp
East Yip Street
M. Suower
Holt
Kars
Sumner
Milliken Bros. Inc
Freditors of Art
Ween Fite, Inc
MUU
Riaten
INAI
Fs Bf
Rudommhe Kigyrolte
Judeo Hand
United Stat District Court
Santa
Hudelph Kieytolte
T Kieybotte
Bathers
No. St Pinestreet
Ipelmatt
Alek
Ansete
Momits
Max Rosett
Stanton
Devaey
Perth
Amber
S.J
Wiiker
Achille
Abit
Heushen
Pac
Greaneg
City
Hace
Firiae Usidee
Stride el
Siren
Charles No King
Amalgamated Copper Company
Mannetapeas
Tohn Huahnell
Reesecsah
Spererace
Financial turmoil and liabilities loom in New York firms
Unclear business reversals involve Goldfinger and Kats cloak makers, Aronson goods dealer, and several mortgage actions at eggs on New York streets. Creditors, receivers, and reorganizations surface across multiple companies including Amalgamated Copper, Amory Hodges remarks, and pending foreclosures.
Miscellaneous Securities and Names Appearing in Ledger
A garbled OCR list shows numerous names, firms, and monetary amounts scattered across a securities ledger. Entries mention individuals such as Harvey, Daviton, Berger, McGurk, and Davis, with sums like 104, 256, 3045, and 1106 dollars, along with multiple firms and locations including New York City and Baltimore.
Mexican Finance Clearing Signals Foreign Loan Deal
Confirmation of completion allows an authorized loan of 24.1 million dollars by New York and foreign bankers to the National Railway of Mexico. The issue has sold 26.79 million to Kuhn, Loeb & Co, Speyer & Co, Lagerhurs, Thalmann & Co, and others in New York and London. Proceeds repay prior notes and fund further government loans amid international banker involvement.
MENTIONED IN THIS ARTICLE
New York
National Railway of Mesion
Kuhn, Loch & Co
Speyer & Co
Lagerhurs
Berlin
United States of Mexico
National Railways of
Mexico
Kuhn, Loeb & Co
J. P. Morgan & Co
Ladenburg, Thalmann & Co
Guaranty Trust Company
Boeyer & Co
United States
Huerta
Stocks in Other Cities Lead in Mixed Chicago Trading
Chicago June 1 The local securities market followed weakness in the East as trading narrowed. Shares including Sears Roebuck common and others in People's Gas and American Car were down one to three points with several declines in heavy trade for United States Steel and Commonwealth Brick. Mixed activity amid railroad and steel issues marked the session, with most losses fractional and few gains.
MENTIONED IN THIS ARTICLE
Chicago
Seare-Roebuck
People's
United
Booth Fisheries
Swift
New York curb markets show mixed gains amid weak start
Irregular trading marked the curb session with spots of strength in Tobacco Products and United Cigar Stores of America. United Cigar Stores and British American Tobacco moved up while copper shares weakened. heavy activity centered on Nevada group and Tonopah Merger, with cattle and hog receipts noted and Steere Tomine and other items advanced or declined amid overall soft conditions.
MENTIONED IN THIS ARTICLE
Tobacco Products
United Cigar Stores of America
American Tobacco
Nevada
West End
Belmont
Gre
Atlanta
Also Mentioned on This Page
Frisco
Ben S
Tneof
Tegas
Dees
Uncle Sam
Genere
Algeria
Nagrian Por
Algiers
Provinial Paper Mills Company. Ltd
Im Canew
St. Lawrence Paper Mila. Ltd
Bar- Wer Paper and Coated Mills Company
Kalamazoo
Mich
Fer
du Pont Gmpany
Hickinson & We Drrenors Son i
Meorcine
Vetorana
Board of Tastee
Jersey City
Mie
Sidney Spitzer & Co
Weleda
Aversee
Bor
Marion County
Onin
Dome Exte
Blindind
Ince
Pela
Marine
International
Public Utility Notes
Louisville
Montreal
American Water Works and Guar. Co
American Water Works and Guarante Company
Pittsburgh
Bwater Works and Guarantee Company
Araecieam Water Works
Fuuarantee Company
Traction and Hight Propertien
Cmerican Water Works
Susrantes Company
Toin
Mibeidiary
Danley
U. P
Southern Pacific
Hiems OF
Wall Street
Amsterdam
Paris
Pennsylvania
Erie Raiload
Brown
Northern Pacle Railway Company
Ape
K J Cutley
Distillers Securities Corporation
Amory G Hodges
Tebeett
Witt
Compass
Iowa
Ie O
Ford
Prath
Imeee
Teragiun
Marie Fate
Selves
Fugen Melee
Wileam
Heemar
Sasnachuserre
Nautare
Ee Ly
Vibert
Haute Flan
Harvey
Hermond A
Harold A
Davitson
Shanenses
Dultus Berger
Hanford
Maizon Avenue Teal
Soinvet
Dritienne Prduke
CY Weenl
Kigteman
Tohamin
Beatricw
Taney
Ceres KoNew
Andec Umbia Kinienerberker Trost
St I
Mayer
Solomon Berhtti
A Mercherd
H Wiener
Jo Nett
Charla Pod Rutter
William Fok Sakon
Htein
J K Harrie Samuel
Matley & Co
William—W Dfartinnon
Tee
Icsan
Eerie Simm
New York City
Cae
Verttaing Co
Sian i
Trerabere
Fabert M—Langacte
Thomas
Mareeret
Br-Kark
Tilton Venetfaraer
Hareg
St Engel
Anther
Maccaten A
Pantellenic
Tiantiey
Woop
Harh
Avams Express
du Pont Fowler
Mudane
Pt Fe Itudon
Ki Co Bb & Resacral
Brae & Whitney
Manu
Ae Western Pacific
Hiladelphia
Charles D. Barney & Co
Deuynianed
Virond Et Rea
Philaaelphia
Hula CO
Pita
Dee Star Rat GM Sidi
Ryan
York
Nces Clearing
Sonderetta Bram
Broad Kealth Cos Meyer
Valier & Sneer Manufacturing Co
Kniekerboekseihasarney
Liberty Avenue
Penraon O
Gildman, Moser & Co-French Dress Co
Sient Vraveese Wruit Cake Co
Samuel John Atom
Boston
Toronto
Jay Jay
Maydower Alearay
Giacal
Vas & Huite
Old Dominionite Anz
Cs Mibmay
Quincy
Philly West
Santa Ye
Shannan
Twimareck
Sisania
Winona
Taver Mining
Ueein
Laramie
Ponsnompaen & Co
Asie
Tisdale
Dowie Lake
Eles
United Porey
Ry Holtinger
Seneca Sun
Baltimore
Willamna
Coorg’ & RO
We United
Titel
Fey Tye
Winkelman
CURB
Hues
Frank Minnick
William Eymit
Amur & Sonnag
Newton & Co
Mt Pennsylvania
Coe
Shah Lon Feish
Kerns Commission Company
Pennsyltaola Eer
Etre Prime
Tae Thy BS AG
TS DB BT
Tcow
Tobin & Svannen
Dud & Cos
McPherson
Lyarate Mn
Virginia
JG. Curtie & Son
Bull
T Cow
Tan
Wright & My
Lind
Mad
Rama
Isk
Sultans
Alven
Veaia
Carnie
Scully
Kerns Commission Co
Hatvormilk Entves
Lam Co
Virginia Ito
Iugke
Tohin & Shannon
Virginia Lambs
Beth. Gates BT
Hei
IMM
Fo Biss
Aly Oo
Ben
Fears Peneay Vata
Ohio
SF HS
Virginia Iunstorn
Virgina Adeen
Virginia Pheeg
OFM
Si Doo
Amie
Htantheng Son
O. Pete Sh
Ey Biath
Olge
Rewipin
Intervnee
Tovders
Prihie
Ehoire
Seth Tors
Cums
Raceipte
Haday
Stowkurs
Rouwhe
the Tribune
Foun
Yeieces
Elgin
Hiain
Buster
Dima’ i Ae
Tubac
Havana
Houston
America
Nuwar Ny
Mestea
uMes United War
Beave Big Aden
Columba
Renee
Greene-Cananea
Kerr Laxe Latore
MacNamara Wai
Vata Snyelters
Eilser
Stewart
Anova Talitax
Goldfields
Daley
Mount Sphinx
Sininga
Manhattan
We York
WERK