Financial Notes On May Operations And Market Trends
Current interest items for investors discuss May operating results, ore shipments, copper prices, and crop prospects in the Northwest. Texas and California underwriting calls are outlined with payment dates. Railroads face heavy transport needs as crops and shipments rise. Union Pacific merger cases progress toward Supreme Court rulings. Cotton condition shows favorable index for midyear, with weather improving prospects across major producing regions.
MENTIONED IN THIS ARTICLE
Texas
Tener
General Pipe Line Company
General Fine Line Company of
California
Public Utility Notes on Gas Rates and Projects
M Hi Daly of East Onto Gas Co Cleveland, newly elected president of the Natural Gas Association of America, plans a committee to study gas rates and costs for equitable pricing. The association seeks data on production, leases, compressor operation, field constriction, and administrative costs to justify higher rates and promote conservation measures amid looming hydroelectric development near Pittsburgh.
MENTIONED IN THIS ARTICLE
M. Hi. Daly
East Onto Gas Company
Cleveland
Natural Gas Association of America
Stati
Postal Blames Phone Co In Telegraphed Squeeze
The Postal sues the New York Telephone Company and accuses it of diverting Postal business to Western Union by pressuring patrons to use the rival service. Postal demands equal access and direct connections to Postal stations, supported by patron affidavits and testimony from Postal workers. The case overlaps with intercompany relations involving AT&T and Western Union as hearings proceed before the Public Service Commission. Separately, a bankers meeting program in New York outlines keynote speakers and topics on currency, banking, and cultural development.
MENTIONED IN THIS ARTICLE
Alba
Public Service Commission
Formal Telegraph Company
Western Union Company
New York Telephone Com
Tue Portal
Nion
Nearane
Postal
Western Union
New York ‘Telephone Company
State Commission
Clarence Hi. Mackay
New York Telephone Couniny
Tex Company
Charles C. Adams
Amerian Telephone and Telegraph
Westernsplan
New York Telephone Company
Frank H. Hethell
Bankers
New York
Fiurtale
George M. Heynolda
Tional
Bank of Chon
Edmund Walker
Hank of Commerce
Canal Barking
Koitier
Bowery
Savin
Kal Alten
Andrew V. V. Raymond
Tiporge Caleb Moor
George M. lHeeynoide
Sir Ramund Walker
Arthur Brisbane
Columbia Knickerbocker merger set to form large New York trust
Stockholders ratified the merger of Columbia and Knickerbocker Trust companies creating the Columbia Knickerbocker Trust Company with over 21 million dollars in deposits and a planned start of business tomorrow. The combined firm will maintain independence in management and plans to finance the Long Acre project with major bankers backing up to several millions amid related court actions and regional power ambitions.
MENTIONED IN THIS ARTICLE
Columbia-Knickerbocker
Hackensack Meadows
Bowery Institution
Columbia
Knickerbocker Trust
Columbia-Knickerbocker Trust Company
Ine
Stork
Ce Nereemene Petwern
Elumbia ‘Trust Company
Knickerbocker Trust Company
Knickerbocker
Knickerbocker API
Engis
Willand King
Columbia ‘Trust Company
Charles H. Keep
Knickerbocker ‘Trust Company
A. G. Paine
Benjamin Te Alton
Howard Payne
Francis Henderson
Julian M. Gerard
William Turnbull
Vicw
Langley W Wikein
Harris A. Dunn
George Earle Warren
Frederick Marston
J. 16
Austin
J. Sperry Kane
Harlem
Branx
W. P. Lewis
Charles Minor
Columbia-Knickerboeker Trust Company
Clearine House
Columbian Trust Company
Ba Jil
Diverse stock dividends and rail securities update
Transactions for foreign account were reported with 3000 shares traded and dividends declared by multiple firms. Notable payments include Atchison Topeka Santa Fe 2 percent on preferred, Lackawanna 1 percent quarterly, Morris & Essex 2 percent semiannual, Intercontinental Rubber 1 percent, Buffalo Mines 5 percent, Chicago Rock Island 14 percent, and Old Stone ton Copper 1254 per share. Also notes on bond issues, stock listings, and the St Louis San Francisco order for locomotives.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa Fe Railway Company
Lackawanna Railroad Company of
New Jersey
New York, Lackawanna & Western Baroad Company
Morris & Essex Railroad Company
Valley Railroad Company
Bond list shows numerous securities admitted and called
The record cites bond securities admitted to listing on the New York Stock Exchange and other actions. It notes Denver and Min Grande Railroad Company receipts, Chicago Milwaukee and St Paul, St Lawrence Securities at par, Aluminum Company of America collateral bonds, Spanish American Tr on sinking fund calls, Republic of Bolivia bonds retired by J P Morgan, Portland loan to Casco National Bank, Imperial Rolling Stock bonds in Canada, and Reading tax free bonds. It also mentions Cincinnati bids, water works securities, and multiple bidders with prices and terms.
MENTIONED IN THIS ARTICLE
Supreme
Onal Pike
Union Pacific
Southern Pacific
United States
District of Utah
Sherman and Trust
Union Macfic
Rezon Short Line Railroad
Oregon Matiroid and Navigation Company
San Pedro
St. Louie
Conte
John B. Morris
Barrett
Cothran
New York Cotton Exchange
Curb
American Water Works and Guarantee Company
Ite
New York
Fexenange
Denver & Min Grande Railroad Company
Chicago, Milwaukee & St. Paul Mailway Company
St. Lawrence Securities Company
Aluminum Company of America
Pittsburgh
Pittaburgh Reduction Company
Mining Men's Trial Begins in U S Court
William T. Wintemute and former Judge Fayette B Tiffany stood trial before Judge Hough on charges of using the mails to defraud. Indictments claim they sold stock in Gold Run Mining Company asserting rich ore results and shipments worth 40 000, though no mining progress existed and the company buildings burned in 1899. The alleged victims include Countess Dowager of Tankerville and other European and American investors.
MENTIONED IN THIS ARTICLE
Wintemute
Tankerville
William T. Wintemute
Fayette B.tiffany
Brooklyn
Hough
United States District Court
Kincaid and Booth
Winter Jate
Battery Place
Countess Dowager of
Iceland
Scotland
United States
Gold Run Mining Company
Arizona
The
Tunnel Company
Boulder
Col
Gold Run
Indie Ment
Shott
RoVernMent
Onvia ‘Tankerville
Glandale
Biddi
Tunbridge Wells
Mendetta Lout
Tunbridge West
Louise J. Blout
Afd
Nickel Company's Year Sees Small Earnings Dip
The International Nickel Company reports for the year ending March 1 show total income of 5,068,008 dollars, a drop of 107,872 from the prior year. Net income falls to 4,? with deductions for depreciation, mineral exhaustion, sinking fund, and interest, leaving a year end surplus around 6.3 million with adjustments totaling 319,740.
MENTIONED IN THIS ARTICLE
International Nickel Impany
United States
Resuming Dividends Warranted by BC Copper Co
Newman Erb, president of the British Columbia Copper Company, announced that the executive committee had recommended resumption of dividends at 6 percent quarterly. He said the company earned more than 12 percent in the first six months of the current year and, with copper prices likely to hold, net earnings should exceed 2 percent annually.
MENTIONED IN THIS ARTICLE
Jerscos
Sassours
E. Gas & Texas
Ean
Missouri
Kansan
Texas
Pra
Erb
British| Columbia Copper Co
Newman Erb
Columbia Copper Company
New Financing for Alton Railroad Bond Issue
Theodore I. Shonte, president of the Chi nge & Alton Railroad, announced approval of a 20 million dollar bond issue to fund grades, expanded terminals, and facilities. Fourteen million forty thousand underwritten to cover current needs. remaining bonds to be issued after mortgage authorization, with details to be completed in about ninety days.
MENTIONED IN THIS ARTICLE
Theodore I. Shonte
Chinge & Alton Railroad Company
Nateral
Beef prices still higher with some cuts up a half cent
Prices for dressed beef show wholesale drift upward with no dramatic moves in the past week. Five cuts rose by half a cent per pound while most stayed the same. Ribs and King cuts in first and second grades quoted at 17 and 11 cents. third quality at 11 1/2 cents. rounds unchanged at 13 and 10 cents. middle rounds down half a cent. chuck prices up across the board by half a cent.
Market Rates and Exchange Activity Summary
Mercantile paper issued in fair volume with good demand. Rates ranged from 1% to 44% for various terms, 74 3 per cent for sixty days and 2 per cent for ninety days. foreign exchange opened dull then firm as late-day strengths appeared. Sterling demand, German discounts rose, and transmission figures show mixed domestic and international movements with specific balances and premiums across cities.
MENTIONED IN THIS ARTICLE
Mam Stermaafty
Veteharna
Ak Parts
Foun Aay Kb
Te Tranca
Srila Eea
Te Estic
Exchange
Boston
Ant Aimie
Stade Minneapolis
Foc
Charles
Gan Francisco
Ht le
Telphae
Eines Khl
Chicago
Philadelphia
CAN Exchange
New York
Metreasury
Sub
Watkair
Cotton Market Sees Mixed Response to Government Report
The government crop report showed the cotton condition at 78.9 percent, near expectations, with no sharp bear signal. Traders highlighted reduced acreage and delayed start as dampening factors, while late buying and a modest rally followed the release, with prices finishing higher in many markets.
MENTIONED IN THIS ARTICLE
Sis
Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Missiedppi
Louisiana
Texas
Arkansas
Tennessee
Missouri
Ollehoma
California
Congress
Civeston
Reorganizing Iron Works to Form New Company
A reorganizing plan for the Iron Works at Platt Tron, tied to Carnegie Trust failure, proposes a new company with about 99 working capital. The capitalization includes 1,000,005 first mortgage 20 year gold bonds, 1,100.0% preferred stock and 1,000,000 common stock. Bondholders and creditors will receive new first mortgage bonds, voting trust certificates for preferred and common stock, with specific per-bond allocations and a June 13 deposit deadline.
MENTIONED IN THIS ARTICLE
Tte
Bet
Sevlen
Operaton
Cnrmnes
Aubordiary
New Orleans Railway
Birmingham Railway
Liknt and Power
Memphis Street Railway
Little Rockalway and Electric
Kroxville Railway
Trouston Light
Tecate
Tt i
Internets
Peotman Race Amitter
Platt Tron Works
Carnegie Trust Company
Central Trust Company
Hear Steamship Case Examiners Sought in Atlantic Labor
Henry A Wise United States Attorney will join counsel for trans atlantic steamship lines in a bid to appoint an examiner in the steamship trust case. The government seeks equity dissolution of the Atlantic Conference for Sherman act violations. Case filed January 1911 challenges jurisdiction over foreign incorporated firms engaged in U S Europe trade. Hearings in two weeks.
MENTIONED IN THIS ARTICLE
Henry A. Wise
United States
United States Circuit Court of Appeals
Steamship Trust
Europe
Allege Steamship Trust
Bankruptcy petitions filed in U S district court yesterday
Multiple voluntary and involuntary petitions in bankruptcy were filed in the United States District Court. Parties include Jiverneur E Smith & Co Gouverneur FE Smith George J Bedmar Stewart D Walker and others with liabilities ranging from thousands to hundreds of thousands. receivership appointed for Jum House Wrecking Co and Henge Millinery Co. assets and unsecured claims listed for several debtors across New York and nearby areas.
MENTIONED IN THIS ARTICLE
United States District Court
Juverneur E. Smith & CO
Gouverneur FE. Smith
George J. Bedmar
Stewart D. Walker
No. 17
Battery Place
Jum House Wrecking Company
George W. Jump
Charles L. Livingston
Insultarty
Holt
Lindsay Russell
Weatherine Paint Company
Arvilla W. Finch
Roscoe
Sullivan County
Moses L Braunstein
Madison Avenue
HB. Clagin Cony Toulw J. Prenaky
D. Pany
Dee Slayer
Henge Millinery Company
West Sd. Street
Sommerich & Leurth
Sheeline, Son & Co
Eastern Millinery “Supply Company
Seeander J. Buckley
Lans P Buckley & Co
Broadway
Bulthese
Gould Coupler Company
Chicago Pneumatic Tool Company
SnD Prices Noted for Various Items and Dates
Readable fragments show values and dates linked to individuals such as Volede and Rieke Prins with June December and August entries. Timothy August appears in an item with amounts like 3 874 and 6980 alongside October.
MENTIONED IN THIS ARTICLE
Volede
June Sna Mem
Also Mentioned on This Page
Stork Exchange
Walters
Amal
Goldfield Consolidated
Asvices
Fossetter
Lake Erie
Conneaut Marchor
Mille
Sam
United
Hell
Neema
Northwest
Nahington
Pana Idaho
Sango
Portland
Widregon
Washington
Lato
Sum
Montana
United Fruit Earnings
Virginian Way
I. F. Loree
Ware & Hudson Company
Unie Road
Standard Oil Investment
Mineeveen
Fom Moston
Wwention
Rare On Copper Company
Comranes
Public Utility Notes
Tt Se Anid
American Water Work
Ures
Teeenthy
Compan
Cheat River
West Virginia
American Gas and Electric Company
Lake Shore Electric Railway
Toledo
Tim
Tite Ditte
Leach Firm
Kuickerbocker Trust Company
Fifth Avenue
Finca
John €. Sheehan
Harvey Fisk & Lone
Long Acre
Long Acre Company
Court of Appeals
New York Edison Company
Hudson Companies
Hudson & Manhattan Railroad Company
McAdoo
Hudson & Manhattan
Hudson
Iny Fisk
Harvey Fisk & Sons
Long Acre Electric Light and Power Company
Focal Theatrical Managers
Fitthaveton
Sit Street
North River
6Th Hreet
Board of Aldermen
Aerican Electroal Manufacturing Company
John Sheehan
Joseph H. Hoadley
Manhattan Transit Company
Tts
Court of Appenly
Tower Courts
Oriaation
Seore
Punite Service Commission
New York Edison Corps Tang
2Merevice
Unon
Eee
New York Savings
Bowery Savings Bank
Iginistan Industrial Savings Bank
German Savings Bank
New York Savings Bank
Semen’s Bank For Savings
Mast Tiver Savings Institution
Nevertheler
William Messinger
Mr. Weisinger
Board of Trustees
Hsa
Munself
Pallinger
New York Bank
Nien Savings Bank
Prinr
Emigrant Industrial Sav Iage Tank
Greenwich
Greenwich Savings Bank
Hankery
Sub-Treasury
New York State Bankers’ Association
Inland Exchange
FW. Hyde
Jamestown
Association
Daniel Willard
Baltimore & Ohio
Reading Company
Oscar G. Murray
Kuhn, Inc
American Cities Company
Chicago Tretephone Company
Ontario Power Company
Niagara Park
Chicago, ‘Terre Haute & Southeastern Railway Company
J. & W. Seligman & Co
Hallgarten J.& Co
Budapest
Hungary
St Louis & San Francisco Railroad Company
American Locomotive Company
tecrum-Howell Company
Lund
Girard Trust Company
Republic of Bolivia
J. P. Morgan & Co
Cascational Bank
Imperial Rolling Stock Company, Limited
Northin
Grahan & Co
Cincinnati
Fifty Third National Bank of Cincinnati
Germany
England
New York Custom House
Arabia
Liberia
Austria
Bella
Keatland
Bevder
Bayot
Sweden
Igland
Switzerland
Turkey
Irian
Japan
Nickel Company
Alton
Jone Reagan
Liverpool Cahlew Salon
Ameri
Ood
Dan Stub
SNC
al Hiptember
Marcy
Spril
Mase Jiao
Manchester
Wendy
Clothe
New Orleans
At & Net
Jae
Ant
Tay Maren Han
Platt Concern