Paris Bourse listing eyed for United States Steel shares
A French syndicate reportedly plans to list 100000 United States Steel shares on the Paris Bourse with an option to list remaining shares later. The price was about 6354 francs per share, valuing the deal near 6.3 million dollars, as experts anticipate more overseas holdings. Steel rose to new highs with common stock at 64 3/4 and preferred up over 6 points, while market activity in related issues drew attention to cross border listings and tax steps.
MENTIONED IN THIS ARTICLE
Gueoue
United States Steel
Gte
Catie
Paris
Sia
Holland
United States Steel Corporation
Great Britain
Steel Corporation
Wes
United Rubber Company
Bankers’ Trust Company
Wewkess F. Dupont
M. H. Fariaud
United States
Utah Copper Company
Guggenheim Exploration Company
France
Qocker
Ministers of Finance
United States Rubber
United States Steel Common
Vanderlip Backs Regulation of Lighting Monopolies
Atlantic City June 7 Frank A Vanderlip vice president of National City Bank New York and a major holder of electric lighting securities stirred a crowd at the National Electric Lighting Association insisting regulation by public utilities commissions should be reasonable He argued that investors and consumers benefit when properly papered securities back the system rather than pirate syndicates used to force buyouts at future consumer costs
MENTIONED IN THIS ARTICLE
Atlantic City
Frank A. Vanderlip
National City Bank
New York
National Electric Lighting Association
Vanderlip
State Insurance Dept Takes Charge Of Mees of Traders and Travellers
Justice Guy granted the state’s request to take charge of the Mees of the Traders and Travellers' Accident, allowing the State Insurance Department to oversee the insurer for policyholders. The ruling cites hazards to creditors and the public from further business by the defendant. This is the first use of the new law empowering state intervention.
MENTIONED IN THIS ARTICLE
Guy
Hotiss
State Insurance Department
State Department
Southern Pacific to retire preferred stock amid market surge
Southern Pacific plans to retire its $74.86 million preferred issue redeemable at 115 anytime before July 1 1910 and convertible at par into common stock. The move would shift to 7 percent common dividends, reducing annual interest by about $750000. Reports also hint at a Mellon-like plan involving stock or certificates of beneficial interest to consolidate holdings in California oil firms.
MENTIONED IN THIS ARTICLE
Southern Pacific
United States Steel
Union Pacific
Southern Pacific Preferred
California
Southern Pacific Company
Associated Oil Company
Souther Pacific Mortgage
Record-Breaking Stock Rally Hits New Year Highs
On the biggest trading day since February 23, the market surged with 1,451,484 shares, led by Union Pacific, Southern Pacific, and United States Steel. Southern Pacific closed up 1 3/8 points at the day’s high, Steel common up 1 1/4, and Steel preferred up 5/8 as 127 issues traded high. The average prices for leading railroad and industrial issues reached new yearly peaks, while the Consolidated Stock Exchange set a new record with 73 issues traded in a single day.
MENTIONED IN THIS ARTICLE
Southern Pacific
United States Steel Common
Preferred
Union Pacific
Steel
Steel Preferred
Consolidated Stock Exchange
Mountains or Seashore The Tribute Resort Preview
The Summer Resort issue of The Tribute next Sunday offers travel guidance with abundant illustrations. It highlights vacation spots both mountains and seashore, guiding readers on where to go for holidays.
Railroads Deny Formal Agreement in Pacific Northwest
Reported comprehensive agreement between Chicago Milwaukee St Paul and Northern Pacific denied by authorities. Indications point to harmonious relations though no joint operating pact exists. Northern Pacific recently sold land in Tacoma and Rocky Mountain passes to St Paul for a Seattle terminal, amid broader land and alliance moves with Union Pacific.
MENTIONED IN THIS ARTICLE
Chicago, Milwaukee & St. Paul
Northern Pacific Railway
Northern Pacific
Tacoma
Rocky Mountains
St. Paul
Union Pacific
Seattle
Harriman Lines
Harriman
Europe
Hill Lines
Pacific Northwest
Strike End in Sight as Riots Surge Across City
Reports describe continued disturbances as strikebreakers face hostile crowds. Rioters topple barriers, wreck cars, and hurl debris while police use force near the City Hall area and Kensington. Organizers indicate settlement talks proceed, with Pratt proposing a car-by-car committee to decide terms as thousands join barricades and thousands more threaten walkouts.
MENTIONED IN THIS ARTICLE
Market Street
9Th
Filbert
Kensington
Boston Electrical Workers Go On Strike Over Wages
About eight hundred electrical workers in Boston walked out in a strike led by the local Brotherhood of Electrical Workers after a protracted meeting. They seek a minimum wage of cents an hour or $4 a day and a Saturday half holiday for five months from May 15, with many firms currently paying $60 a day. The strike involved nearly two dozen firms employing the workers.
MENTIONED IN THIS ARTICLE
Boston
the Brotherhood of Electrical Workers
Strike Deepens as Union Leader Arrives to Direct Walkout
Half the men on strike here had agreed to the new terms. E. G. Smith of Detroit, International vice-president of the Brotherhood of Electrical Workers, arrived today to direct the strike.
MENTIONED IN THIS ARTICLE
E. G. Smith
Detroit
The
Brotherhood of Electrical Workers
Brides Arrive on New Steamer America
Two young Italian sisters Adele and Gertrude Deliguere from Meta near Naples arrived on the new steamer America of the La Veloce Line. They will wed two New York men, Charles Ruggiero and Gaetano Caffiero, in a Roman Catholic church after immigration checks were resolved. The America carries 17 cabin and 2,404 steerage passengers, measures 304 feet, and travels about seventeen knots.
MENTIONED IN THIS ARTICLE
Charles Ruggiero
West 26Th Street
Adele
Gaetano Caffiero
Gertrude
Frick warns Pittsburg capitalists on city’s fate
Henry C. Frick arrived in Pittsburg to press Mayor Magee on municipal projects and warned that Pittsburg risks losing industrial status unless local capitalists fund civic improvements. He argued Gary will become the leading steel center, with lake towns following, and urged building a railroad to bring ore to Pittsburg. Frick’s views followed a similar remark by F. A. Ogden, once dismissed locally.
MENTIONED IN THIS ARTICLE
Tribune
Pittsburg
Henry C. Frick
Magee
Frick
United States Steel Corporation
Gary
Lakes
Lake Point
F. A. Ogden
Jones & Laughlin
Mr. Frick
Hawley Interests Buy Chicago Cincinnati Louisville Bonds
The Hawley interests, controlling the Chesapeake and Ohio Railway, have been purchasing large private lots of bonds of the Chicago Cincinnati and Louisville Railroad Company, according to a reliable source.
MENTIONED IN THIS ARTICLE
Hawley
Chesapeake & Ohio Railway Company
Chicago, Cincinnati & Louisville Railroad Company
Move to bring William Penn’s coffin to Delaware banks
A congressional move in Washington in June seeks to have William Penn’s coffin brought from an English Bucking hamshire cemetery to the United States and buried on the Delaware shores. Representative Palmer of Pennsylvania is among six House members backing the plan and will seek President Taft’s support.
MENTIONED IN THIS ARTICLE
Washington
William Penn
Buckinghamshire
England
Delaware
Congress
Palmer
Pennsylvania
Taft
Japanese Decoration for Engineer Sealed by Emperor
Washington June 3 The Emperor of Japan awarded John J Carty chief engineer of the American Telephone and Telegraph Company the Order of the Rising Sun in recognition of his engineering services to Japan.
MENTIONED IN THIS ARTICLE
Washington
Emperor of
Japan
John J. Carty
New York
American Telephone and Telegraph Company
Order of the Rising Sun
Strike on B. and C. machinists hits Baltimore & Ohio shops
A June 3 strike order by the Machinists' Union led by President OConnell affected Baltimore & Ohio Railroad shops. Fewer than 500 members quit. widespread locations including Cumberland and Cleveland saw variable participation. Authorities reported enough workers to run trains and pending boilermaker action loomed.
MENTIONED IN THIS ARTICLE
Tribune
Baltimore
Baltimore & Ohio Railroad Company
O'Connell
Machinists’ Union
Wheeling
J. D. Harrie
Cumberland
Grafton
Fairmont
Parkersburg
Ohio River Division
Connellsville
Glenwood
Newcastle Junction
Penn
Cleveland
Newark
Chicago Junction
Ohio
Garret
Ind
Riverside
Mount Clare
Pittsburg
Baltimore & Ohio Railroad
City
Lorain
J. T. Johnson
Getting Close to Midshipmen at Annapolis
The President and Congress named board of visitors to inspect the Naval Academy dined with midshipmen during meals. Each member sat at a different table and spoke privately with students about needs and reforms. The midshipmen praised an end to hazing and said rules are strictly enforced by first class members.
MENTIONED IN THIS ARTICLE
Tribune
Annapolis
Board of Visitors
Congress
United States Naval Academy
Midshipmen
Springfield man gains control of Kingston road line
Frederick T. Ley of Springfield Mass took a controlling interest in the Kingston Consolidated Railroad Company which runs Kingston’s trolley system. The previous largest holder was August Belmont.
MENTIONED IN THIS ARTICLE
Kingston Road
Kingston
Frederick T. Ley
Springfield
Mass
Kingston Consolidated Railroad Company
August Belmont
Portuguese Wheat Import Reauthorized to July Tenth
A Lisbon dispatch to the State Department reports Portugal has re authorized the import of eight million kilos of wheat ending July 10. The move aims to secure supplies and stabilize prices amid ongoing shortages.
MENTIONED IN THIS ARTICLE
Washington
State Department
Lisbon
Forced Retirements and Navy Board Actions Noted
Washington June 3 The Navy board of admirals led by Rear Admiral Sperry held its first session to select officers above lieutenant commander for forced retirement creating seventeen vacancies. Many retirements will come from applications and some by selection with behind closed doors proceedings to July 1. Orders issued include numerous Army and Navy officer transfers and appointments across departments.
MENTIONED IN THIS ARTICLE
Washington
Navy
Sperry
Metcalf
Albany Night Boats Run On Summer Schedule
The Peoples Night Line steamers on the Hudson between New York and Albany begin summer service on June 1 running daily and weekdays. They stop at the 129th street pier for uptown residents, with upriver Yonkers trips starting June 21.
MENTIONED IN THIS ARTICLE
Peoples
Hudson River
New York
Albany
129Th Street Pier
Uptown
Yonkers
Also Mentioned on This Page
MR. Vanderlip
TO Close Accident Insurance CO
Pennsylvania Railroad
Bulletin
Pennsylvania Railroad Company
Philadelphia Inquirer
Pennsylvania System
Standard Railroad of America
Philadelphia
Kensington Avenue
Sth Street
Columbia Avenue
6Th Street
Kid Works
11Th
Westmoreland Streets
Frankford Avenue
Bridge Street
Union Carmen
C. O. Pratt
Pratt
Metropolitan Street Railway Company
James Farley
Boston Electrical Workers
Oance
Lake
Portugal
Army and Navy Notes
Tribune Bureau
Arthe Arthur
William T. Wood
Governor's Island
Department of the East
Lloyd
M'Cormick
Cane de Bundy
Department of Texas
Omaha
Evai
Tyreer Rivers
4Th Cavalry
Jacob G Galbraith
Sam Anetomio
Walter H Gordon
18Th Infantry
George I Feeter
7Th Infantry
Allison B. Deans, Jr
Coast Artillery
119Th Comonant
Medical Reserve Corps
George Trotter-Tyler
Fort Adams
Vancouver Barracks
Thomas
Michigan National Guard
Ludington
William RS. George
William J. Ayres
Philippine Scouts
Assota
Marietta
Jame
Minnesota
Carpender
Marine Corps
Harry Lee
Wisconsin
Navy Yard
Bostoc
Teaneswirt St Creary
H. Delano
Naval Academy
Maho
W. G. Pay
Connecticut
J. Lee
Norfolk
Maine
W. C Powers, Jr
Maryland
Mare Island
Mare Island. Ssles
Marine Barracks
Vermont
L. Shepard
Mississippi
A. Radicot
Charleston
Idaho
Cu. R. Beadle
P. A. Capron
L. P Pinkston
Navy Department
North Carolina
Smyrna
Wolverine
Bay City
Men News Rr
Glaciermington
Siakwan
Horn Island
Newport News
West
New York City
Tompkinsville
San Francisco
Prairie
Newport
Chester
Birmingham
Salem
Montgomery
Atlantic
Leonides
Thean Yard
Portsmouth
Washburn
Crosby's
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