Railroad earnings rise year to date with tax inclusion
From July 1 to April 30 the railroads report gross earnings of 44,134,218 and 41,298,187 for two periods, with net earnings 12,224,530 and 13,601,786 respectively. New York Susquehanna and Western Wilkes-Barre and Eastern show April figures with gross 274,118, working expenses 213,927, and net earnings 60,191, plus year-to-date totals around 2,301,890 gross and 718,420 net.
MENTIONED IN THIS ARTICLE
NEW York, Susquehanna & Western
Wilkes-Barre & Eastern
Arnings
Beck
Morris & Essex
Fost & Atbenr & Low
Jesh & Decatur
Arhua & Low
Bany AL Pt
J Trans Co
Best & Prova Arlem
Busey Y&?t
Clon
Adam & FE
Pat & Hud
Pat & Ramapo Cone & F
Peoria & BV
Phil
Trenton
Conn River
Pitts
Hk & S
East Pitts McK & Y
Bert Mahanouth
Elary
Renss & Sara
Rock & Gen
Erie & Kala
Rwé&O
Exe & PI
Southwest RR
Franklin Te Swenty
Gah & B Co
Utica Clin & B
Ittea & BM
Utica C & S
Ast River
Clinton Gilbert
Wall Street
Askei
Lincoln
Excha
Machatten Co
Mexican Central
Merket
Ful
Bm National
Metropolis
Miles Ry
Mechanics
Battery Park
Trad - Beth & Dr
Mercantile
Metro
Olitan
MYNBA
Chelsea
Columbia
Fifth Avenue
Riverside An
Seaboard
Norfolk & Western Ton
Trad Union
Weeshington
West Side
Liberty A
Yorkville
Charces Aecene
Wills & Co
Bia
University
Eerr Lake
Pers
Central Nipizetng
Liver Lea
Southern Railway System
Southern Railway
Mobile
Cincinnati
New Orleans
Texas Pacific
Alabama
Great Southern
Ain
Georgia
Detroit
Toledo & Ironton
Ann Arbor
Inc
Aa Inc
IMMC Plans Major Ocean Liner Build For North Atlantic Trade
The International Mercantile Marine Company reports plans to build in the current year a luxury express mail passenger and cargo steamer for the North Atlantic trade, surpassing all prior ships, plus six other vessels of varying tonnages. The report notes increased transatlantic passenger traffic and rising gross and net earnings, with a strong surplus and active sinking fund operations. It also states the sale of the American built steamers Maine and Missouri and the plan to replace them with a new Atlantic Transport Line steamer for New York to London service.
MENTIONED IN THIS ARTICLE
International Mercantile Marine Company
North Atlantic
American
Red Star Lines
Maine
Missouri
Atlantic Transport Line
New York- London
May sue coal roads for Sherman act violations
Washington reports that the Department of Justice has received the Todd and Simpson coal railroad investigation and will brief the President on law and policy. Attorney General Bonaparte has not decided on action yet but expects to act within ten days against major lines including Pennsylvania Philadelphia and Reading Chesapeake and Ohio Atlantic Coast Line Seaboard Air Line and Beach Creek Railway.
MENTIONED IN THIS ARTICLE
Washington
Department of Justice
Messrs
Todd and Simpson
Bonaparte
Chatman Knapp
Interstate Commerce Commission
Department
Pennsylvania, Philadelphia & Reading
Chesapeake & Ohio
Atlantic Coast Line
Seaboard Air Line and
Beach Creek Railway
Market Wrap: Wheat Corn Oats Advance Then Ease in Chicago
Chicago market reports a mixed day as July wheat opens lower on weather optimism, then recovers amid export demand and a crop scare from Kansas. Corn trends higher with strong local receipts, oats slip, and provisions show slight declines. Primary receipts reach 786,000 bushels with Minneapolis and Chicago rail data noted.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Minneapolis
Duluth
Bsc
Bae
Shorts
Bork
Savings banks to maintain 4 percent rate through June
Nearly all of eighteen savings banks that allowed depositors 4 percent for the year will likely extend the same allowance for the six months ending in June. The move reflects bond prices, high heritage rates, and the success of the mail order system, with New York action aiding depositors.
MENTIONED IN THIS ARTICLE
Savi Bank
New York
Address listing for bank offices worldwide
The Farmers' Loan and Trust Company provides branch locations at 16 18 20 22 William Street and a Branch Office at 475 Fifth Avenue New York. London office at 18 Bishopsgate Street Within and Paris office at 78 Rose de Richelieu complete the international network.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Fears for State Rights in Rate Litigation
St Paul June 3 Officials from several states likely to be affected by federal rate litigation may meet in St Paul. Attorney General Young considers issuing a general call. He says suits attack state rights and merit broad cooperation, especially from Iowa Illinois Indiana and New York. A new suit to annul Minnesota two cent passenger rate and commodity freight laws against Chicago Rock Island Pacific was filed in federal court. John J Carle a stockholder is plaintiff, mirroring suits by stockholders of eight other interstate railroads in Minnesota. A hearing on the temporary injunctions set for June 12 before Judge Lochren.
MENTIONED IN THIS ARTICLE
St. Paul
Federal District Court
Young
Iowa
Illinois
Indiana
New York
Minnesota
Chicago, Rock Island & Pacific Railroad
John J. Carle
Lochren
Right to Stock Lists in Supreme Court Clash
Walter Althouse stockholder sues three mining firms over the right to inspect corporate books to obtain stockholder names for circulars. Five actions against Giroux Consolidated Mining, fourteen against Nipissing Mining, three against Nevada Utah Consolidated Mining. courts split on strict reading of Section 53. Judge Roesch ruled for restraint on transcripts, while Althouse sought complete stockholder lists via mandamus. decision awaits in Supreme Court as firms vow vigorous defense.
MENTIONED IN THIS ARTICLE
Supreme Court
Walter Althouse
Giroux Consolidated Mining Company
Broadway
Nipissing Mining Company
Nevada- Utah Consolidated Mining Company
Giroux Consolidated
Roesch
Sth
Althouse
Stock Corporation Law
Holmes V. M. Dennis
Dennis & Bohler
Giroux Mining Company
Giroux Company
McCall
Judea Metall
Harriman Lines deny seeking extra funds abroad
E H Harriman stated the Harriman lines do not need additional funds beyond recent financing. He noted no recent attempts to raise capital overseas and that plans to place $50 million in Union Pacific bonds in Europe would have succeeded if not for anti-railroad sentiment earlier this year. He also said no retrenchment policy is underway and that extensions into new fields are not planned.
MENTIONED IN THIS ARTICLE
E. H. Harriman
Chicago
Harriman Ines
Harriman Lines
Union Pacific
Europe
Paris
Southern Pacific
Bucket Shop Men Seek Entry Into Consolidated
Pennsylvania and Massachusetts bucket shop operators seek membership or connections with Consolidated Stock and Petroleum Exchange to escape new laws. Officers say admission rules are strict and would bar illicit traders, urging branches to draw bucket shop business away from rivals. Massachusetts and Pennsylvania operators backed by capital reportedly learned of the move through The Boston Daily Tribune warning against bucket shop practices.
MENTIONED IN THIS ARTICLE
Bucket Shop
Pennsylvania
Massachusetts
Consolidated Stock and Petroleum Exchange
Consolidated
Exchange
Ogden PD
Budd
Little Board
Boston Daily Tribune
Trial of E S Holmes Begins in DC Supreme Court
Washington June 8 The trial of Faénwin Holmes Jr formerly assistant statistician at the Department of Agriculture for supplying advance cotton crop reports to New York brokers began in the District of Columbia Supreme Court. Jury selection occupied the day. Holmes is defended by Worthington and Lester. government by Beach Baker and Adkins. Three indictments reduced to one trial. Mrs Holmes attended court.
MENTIONED IN THIS ARTICLE
Washington
Faénwin & Holmes, Jr
Department of Agriculture
New York
Supreme Court of
District of Columbia
Holmes
A. S. Worthington
Wharton F. Lester
Washington Bar
Morgan H. Beach
Baker
Adkins
Beach
Indiana Mine Strike Ordered by Miners Union
The United Mine Workers of America Eleventh District issued a Friday strike call affecting about five thousand coal miners. Leaders cited eight to ten grievances including operator refusals to reinstate discharged workers across Deming Shirley Hill Coal Chaff Jackson Hill and South Indiana Railway mines in Indiana.
MENTIONED IN THIS ARTICLE
Indianapolis
United Mine Workers of America
van Horn
Deming
Shirley Hill
Coal Chaff Company
Jackson Hill
South Indiana
Amalgamated Copper posts strong year earnings rise
Amalgamated Copper Company reports net income for the year ended April 30 of 9.19 percent on $153,870,000 capital stock, up $4,992,863 in earnings and $1,915,165 in surplus. Total surplus after dividends reaches $2,228,088, with prior years’ surplus totaling $11,483,782. Company notes high copper prices boosted results but warns of possible year-to-year declines. Production and equity figures show gains, and facilities expansions at Washoe, Boston and Montana, and other mines advance. A five-year labor agreement is signed. Copper price rose from 18.5 to about 28.5 cents per pound during the year.
MENTIONED IN THIS ARTICLE
Amalgamated Copper Company
A. H. Melin
Amalgamated
Pennsylvania
Anaconda
Colorado
Boston
Montana
Butts
Kosten
Washoe Copper Company
Renecn
Boston and Montana Company
Great Falls
Farmer in Wall Street Predicts Strong Hay Market
A plain farmer visits Wall Street to assess crops and stocks, noting late, harsh weather and a possible half-year harvest. He says Wall Street fears prices while he remains optimistic, expects hay to be plentiful and cheap, and supports Roosevelt’s regulation of corporations and market cautiousness with a long, hopeful outlook.
MENTIONED IN THIS ARTICLE
Wall Street
Gosh
Stock Exchange
Roosevelt
Chicago Convention to Address European Grain Complaints
New Orleans grain committee calls a convention of American export port grain men to meet in Chicago on June 17. The aim is to address European complaints about export grain quality by enforcing stricter inspection rules at export cities, with support from New York, Boston, Philadelphia, Newport News, Norfolk, Galveston, and Port Arthur.
MENTIONED IN THIS ARTICLE
New Orleans
New Orleans Board of Trade
Chicago
Europe
New York
Boston
Philadelphia
Newport News
Norfolk
Galveston
Port Arthur
Freight rate increases meet shipper opposition on eastern lines
Interest groups report new freight rate schedules recently adopted on Eastern trunk lines facing more pushback from shippers than expected. Minimum carloads rose for heavy items like agricultural implements and steel, with limits set to leverage railroad car capacity. Shippers anticipate improved loading efficiency reducing car counts, while railroads expect faster freight movement amid car shortages.
Cotton men elect at New York Cotton Exchange election
The New York Cotton Exchange elected the regular ticket to office. James H. Parker won the presidency unanimously. Edward M. Weld defeated George W. Batley for vice president. James F. Maury was re elected treasurer. Fifteen managers were chosen with Leopold S. Bache and Marcus J. Parrott among those elected. Total votes cast 207. Parker unanimous, Weld 156 of 3207, Gwathmey led managers with 3M votes.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
James H. Parker
Edward M. Weld
George W. Batley
Weld
Batley
James F. Maury
Board of Managers
Edward K. Cone
Marcus J. Parrott
Mr. Cone
Leopold S. Bache
George Brennecke
A. B. Gwat
Mr. Parker
Mr. Weid
Gwathmey
Reform Ticket Wins at New York Produce Exchange Vote
William H. Douglas leads the reform slate to a decisive victory over the regular ticket headed by Edward G. Burgess. Douglas not seeking re election as officers were chosen, with William H Smith as vice president Edward C Rice as treasurer Lyndon Arnold James Barber Charles W Bowring Charles F Coffin A R Brandly and T Sloan Young elected managers for two years Alfred Romer named trustee of the gratuity fund for a full three year term.
MENTIONED IN THIS ARTICLE
William H. Douglas
Reform
Edward G. Burgess
New York Produce Exchange
Exchange
Reform” Administration
Douglas
Mr. Douglas
William H. Smith
Edward C. Rice
Lyndon Arnold
James Barber
Charles W. Bowring
Charles F. Coffin
A. R. Brandly
T. Sloan Young
Alfred Romer
Gratuity Fund
Gold Shipment Heads to Paris as Exports Rise
Goldman, Sachs & Co and Lazard Fréres each booked $1,00,000 for export on the St. Paul, lifting Paris gold bookings to $5,300 since last week. London market activity and Bank of England sales added unease as experts foresee exports potentially reaching $10,000,000 amid scarce exchange and heavy import demands.
MENTIONED IN THIS ARTICLE
Paris
Goldman, Sachs & Co
Lazard Fréres
St. Paul
London
Bank of England
National City Bank notes record rise in bank note circulation
The National City Bank circular highlights a new record with banknote circulation surpassing 6090000 while arguing currency laws are illogical. It notes demand remains weak as trade slows and calls attention to the growing use of currency for small denominations despite no redemptions rising.
MENTIONED IN THIS ARTICLE
National City Bank
Crop damage exaggerated says John W. Gates
John W. Gates and his son Charles G. Gates returned from the Southwest where they inspected properties. Gates argued crop damage reports were exaggerated saying wheat losses would only be 2 to 5 cents per bushel and that most fields looked fair. He noted cotton frost damage from heavy rains and stated he has not owned stock for weeks, keeping all shares in his own name and not planning to sell.
MENTIONED IN THIS ARTICLE
John W. Gates
Charles G. Gates
Gates
Non-Member Banks Averages Document for NYC Area
Weekly statement of averages for banks in New York City Brooklyn Jersey City Hoboken and Staten Island that are not members of the New York Clearing House Association. The report covers June 1 May and changes.
MENTIONED IN THIS ARTICLE
New York City
Brooklyn
Jersey City
Hoboken
Staten Island
New York Clearing House Association
Also Mentioned on This Page
Consolidated Exchange Sales
Ches & OO
iCal
Diet Securities Erie
Nationa
Savings Bank
Bishopsgate St
Within
Rose de Richelieu
Harriman
Laz
E. S. Holmes
Tts
Wall ST
the Trust CompAny of America
Colonial Branch
Watt St
Auction Sales Financial
Andrew J. McCormack
Adrian H. Muller & Son
Vesey Street
An Securities Co
Trust
P. c
D Avenue
R. R. Co
St. Louis
E Light, Heat & Power Co
Georgia Ry
Pref. Inc
Erie RF. R
Etison
Central Central
Ulate
Wire and Cable Co
Mtge. & Fund Eds
Tional Wire Corporation
Commercial Co
Ohio River
R. R. & Coal Co
United States
Mtge. & Trust Co . R. R
Pf. Natl. Bank
Thern Union Gas
River Gas Co
New York Dock Cn
Bas
Kings County
Light & Power Co
Blooming Grove Hunting & Fishing
Havana
Con
Seaboard Co
Ist
The
Produce Exchange
W. H. Douglas
Hocking Valley Railway CO
Kanawha & Michigan Railway Co
Hockeng Valley Railway Company
Kanawha and Michigan Railway Co
Holfers
D. P. Morgan & CO
American Car & Foundry Company
Guaranty Trust Company of
Nassau Street
S. & Delano
D. A. Bixby
Common Capital
Secreter
Delano
D. A_ BIXBY
United States Cast Iron Pipe and Foundry Company
Comeange
BF. Haughto
Martinique
Taos Dans
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!