Paris Stock Listing for United States Steel Shares
The report states the French Syndicate plans a 100000 share option on United States Steel common stock listed on the Paris Bourse with eventual full listing to follow. Market reaction shows Steel at 69 1 2 with a notable rise in its preferred, while certification and tax steps for listing are outlined by French authorities and Bankers Trust Company.
MENTIONED IN THIS ARTICLE
Gopoue
United States Steel
Jane
Catre Gispatcher
Paris
Holland
Amsterdam
United States Steel Corporation
Great Britain
Lee Corporation
Qy Wes
United Rubber Company
Bankers’ Trust Company
Peakes Fo Dupont & M. H. Fariaud
United States
Uteh ‘Copper Company
Guggenheim Exploration Company
France
French Republic
Ministry of Finance
United States Rubber First Preferred
Trah
Tron Company
United States Steel Common
Adv
Vanderlip backs regulation of electric monopolies in AC talk
Atlantic City June 7 Frank A. Vanderlip vice president National City Bank New York and a leading holder of electric lighting securities argued before the National Electric Lighting Association for regulation by public utilities commissions He urged reasonable rates and warned that excessive competition could invite pirate syndicates and higher consumer costs Investors’ support for securities should accompany technical study for improvements
MENTIONED IN THIS ARTICLE
Atlantic City
Frank A. Vanderlip
National City Bank
New York
National Electric Lighting Association
Vanderlip
Vanderup
State Insurance Dept approves takeover of Traders and Travellers
Justice Guy granted yesterday the application of Superintendent Hotchkiss for permission to take charge of the affairs of the Traders and Travellers Accident s. The court said further transaction by the defendant would be hazardous to its policyholders creditors and the public. It marks the first case under the new law authorizing state intervention for the benefit of policyholders.
MENTIONED IN THIS ARTICLE
Justice Guy
Hotchkiss
State Insurance Department
State Department
Southern Pacific to retire preferred stock planned
Reports indicate the 7 percent preferred stock, with 74.86 million outstanding and 4.2 million held by Union Pacific, may be retired with holders able to convert to common at par. If retirement occurs at 115, holders could exchange for common stock as prices stay near current levels.
MENTIONED IN THIS ARTICLE
Southern Pacific
United States Steel
Union Pacific
Southern Pacific Preferred
California
Southern Pacific Company
Associated Oil Company
Souther Pacific Mortgage Incumbrance
Stocks Hit Record Highs on Big Trading Day
A day of heavy activity with 1,451,444 shares traded led by Union Pacific Southern Pacific and United States Steel. Southern Pacific closed up 1 8 with Steel preferred also rising as the market broadened to 127 issues and a Consolidated Exchange record of 73 issues traded.
MENTIONED IN THIS ARTICLE
Southern Pacific
United States Steel Common
Preferred
Union Pacific
Steel Preferred
Consolidated Stock Exchange
Mountains or Seashore Summer Resort Guide
The Tribune previews its next issue a Sunday from the Summer Resort number with a wealth of vacation guidance and striking illustrations. It promises locations for trips, scenic options, and practical tips to plan travels.
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the Tribune
Railroads Deny Comprehensive Harmony Agreement
Reports of a broad understanding between Chicago Milwaukee St Paul and Northern Pacific to halt building competing lines are denied. Northern Pacific recently sold Tacoma land to St Paul and Tacoma passes hint at harmonious relations. Union Pacific expansion is not limited, despite interactions with Harriman lines.
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Chicago, Milwaukee & St. Paul
Northern Pacific Railway
Northern Pacffc
Tacoma
Rocky Mountains
St. Paul
Northern Pacific
Union Pacific
Seattle
Harriman Lines
Harriman
Europe
Hill Lines
Pacific Northwest
Strike End In Sight In Philadelphia Transit Strike Turmoil
The Philadelphia transit strike escalates with rioting across the city. Messages report clashes between strike breakers and workers, a torpedo explosion on Market Street, and barricades in Kensington as crowds defend them. Police fire near a plant on Ith and Westmoreland, with no arrests, while leaders claim imminent settlement terms and mass mobilization across divisions.
MENTIONED IN THIS ARTICLE
Market Street Lne
9Th
Filbert Streets
Kensington
Kensington Avenue
Uptown
Nth Street
Columbia Avenue
Th Street
Boston Electrical Workers Strike Over Wages and Hours
About eight hundred electrical workers in Boston walked out, including most local union men. They demand a minimum wage of six cents an hour and a five month Saturday half holiday starting May 15, after earning sixty dollars a day. The strike followed a protracted morning meeting of the Brotherhood of Electrical Workers. A dozen firms are reported to have employed replacements.
MENTIONED IN THIS ARTICLE
Boston
the Brotherhood of Electrical Workers
Detroit official helps steer local electrical workers strike
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 From Naples in Double Wedding
Two sisters Adele and Gertrude Deliguere of Meta near Naples arrived on the steamer America of La Veloce Line in New York. They will marry simultaneously next week in the Holy Innocents Church on West Sixth Street to Charles Ruggiero and Gaetano Caffiero, after immigration officials briefly detained them. The ceremony was set for a church and not a aboard service. The America is a 504 foot twin screw steamer with 1859 tons gross, carrying 17% cabin and 2404 steerage passengers, averaging seventeen knots.
MENTIONED IN THIS ARTICLE
Charles Ruggiero
Weet 26Th Street
Adele
Gaetano Caffiero
Gertrude
America
Frick Warns Pittsburg Capitalists Over City Future
Henry C. Frick arrived in Pittsburg to discuss municipal improvements with Mayor Magee and warned that Pittsburg risks losing industrial status unless local capitalists fund civic projects. He cited Gary as future steel center and urged a lake-to-Pittsburg railroad to bring ore, noting freight and coal coking advances. Frick’s remarks shift from private talk to serious public concern.
MENTIONED IN THIS ARTICLE
Tribune
Pittsburg
Henry C. Frick
Magee
Frick
Pitteburg
United States Steel Corporation
Gary
Lakes
Lake Point
F. A. Ogden
Jones & Laughlin
Mr. Frick
C. O. May Get Trunk Line to Lake
Hawley interests controlling the Chesapeake and Ohio Railway have been buying Chicago, Cincinnati and Louisville bonds, signaling a possible trunk line to the lake. The information came from a reliable source yesterday.
MENTIONED IN THIS ARTICLE
Lake
Hawley
Chesapeake & Ohio Railway Company
Blcago, Cincinnati & Louisville Railroad Company
Plan to bring Penns body to Delaware burial
Washington June 5. Congress explores moving the coffin of William Penn from an old Buckinghamshire cemetery to the United States for burial on the Delaware banks. Representative Palmer of Pennsylvania leads a six member House group and will seek President Tafts support.
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Washington
William Penn
Buckinghamshire
England
Delaware
Congress
Palmer
Pennsylvania
Taft
Japanese Decoration for Engineer
The Emperor of Japan has conferred John J. Carty of New York, chief engineer of the American Telephone and Telegraph Company, with the Order of the Rising Sun for engineering services rendered to Japan.
MENTIONED IN THIS ARTICLE
Washington
Japan
John J. Carty
New York
American Telephone and Telegraph Company
Order of the Rising Sun
Strike On B & O Machinists Affects Shops
A Baltimore and Ohio Railroad machinists strike ordered by Union President O Connell limited impact, with fewer than five hundred workers out system wide. Reports indicate partial compliance, with boilermakers potentially joining, and cleveland and lorain shops remaining at work.
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Tribune
Baltimore
Baltimore & Ohio Railroad Company
O'Connell
Machinists’ Union
Wheeling
J. D. Harris
Cumberland
Grafton
Fairmont
Parkersburg
Ohio River Division
Connelleville
Glenwood
Newcastle Junction
Penn
Cleveland
Newark
Chicago Junction
Ohio
Garret
Ind
Riverside
Mount Clare
Pittsburg
Baltimore & Ohio Railroad
City
Lorain
J. T. Johnsen
Getting Close to Midshipmen at Annapolis Visit
The board of visitors to the U S Naval Academy met with midshipmen in a direct debriefing. Members sat at separate tables and urged frank talks on criticism or suggestions. Midshipmen affirmed hazing is dead and that regu lations are rigidly enforced by the first class.
MENTIONED IN THIS ARTICLE
Tribune
Annapolis
Board of Visitors
Congress
United States Naval Academy
Midshipmen
Ley Purchases Controlling Interest in Kingston Railroad
Frederick T. Ley of Springfield Massachusetts today bought a controlling stake in the Kingston Consolidated Railroad Company operator of Kingston’s trolley system. The previous largest individual holder was August Belmont.
MENTIONED IN THIS ARTICLE
Kingston Road
Kingston
Frederick T. Ley
Springfield
Mass
Kingston Consoldated Railroad Company
August Belmont
Portugal Plans Wheat Imports to July Tenth
A dispatch from Lisbon reports Portugal has authorized importing eight million kilos of wheat through July 10. The move aims to bolster supplies as shortages loom, per the Elaze Department dispatch from Washington dated June 3.
MENTIONED IN THIS ARTICLE
Portugal
Washington
Elaze Department
Lisbon
Forced Retirements and Army Navy Moves in Washington
The Navy board led by Rear Admiral Sperry began talks on forcing the retirement of officers above lieutenant commander to create seventeen vacancies, with half from voluntary retirements and the rest by selection behind closed doors by July 1. Army orders shift many officers between inspector general, Department of the East, and various camps while Marine detachments and fleet movements shape upcoming deployments.
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Navy
Sperry
Metcalf
ARMY
Arthur Ma&g. Arthur
William T. Wood
Governors Island
Department of the East
Lloyd S. M'Cormick
Omar Bundy
Department of Texas
Omaha
Department of the Missouri
Tyreer Rivers
4Th Cavalry
Jacob G Galbraith
San Ana
George Trotter-Tyler
Fort Adams
Vancouver Barracks
Thomas
Lowe
Fort Walla Walle
Fort Lawton
Sriny Weet Tor
Infantry
Michigan
Tional Guarda
Ludington
Ginning
Wiliam R S George
United States
William J
Ayres
Philippine Scouts
Albany Night Boats Running on Hudsom River Schedule
The Peoples Night Line steamers on the Hudson River between New York and Albany begin summer service on June 1 with daily runs and weekday schedules. The northbound trips stop at the 129th Street pier for uptown riders, with upriver Yonkers stops starting June 21.
MENTIONED IN THIS ARTICLE
Peoples
Hudsom
New York
Albany
129Th Street Pier
Uptown
Meade
Yonkers
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