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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 05, 1912

Page

5

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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