Financial Briefs on Sugar Dividends and Coal Trade Ties
Investor notes report curtailment of United sugar dividends amid low prices and tariff fears. Kansas Bankers seek funding to modernize farming and seed rotation. Copper and junk recycling supply chains noted with copper recovery from scrap. Potential interexchanges foreseen to ease Western Europe and Americas coal trade costs. New York copper and ore shipments show record May activity, with Lake Superior tonnage tracking toward 300,000 tons for the season.
MENTIONED IN THIS ARTICLE
Pacific van Ihe
Union Sugar Gat My
Kansas Bankers’ Association
Jeiaere Association
Courly Axko
Nord
D. A Treas
Tandon
New York
Europe
South America
Cleveland
Lake Superior
Bond Notes and Public Works Deals in May Reports
Financial notices show Higginson Co offering 6 percent gold notes for NOL United Fruit, and various bonds including $25,000 street improvement bonds in Worcester County Md. Royston Ga plans an election on May 10. sewer bonds of $15,000. June 1 interest on $19,000 bonds. Chester school bid by A. W. Halsey & Co. American Refrigerator Trust $2,100,000 notes approved. Money market rates and exchange figures listed. U.S. creditor status noted. city, bank, and state balances and premiums summarized.
MENTIONED IN THIS ARTICLE
Higginson & Co
United Fruit Company
Our
Watts A Co
Baltimore
Worcester County
Royston
Franklin Ga
Msami. Salerworks
Sanowman
Ironton
Lawrence Sunts
Oto
AW. Halsey & Co
Philadelpn
New York
Chester
Penn
Amx
TM Minour Public Service
Commi 4
Iefrigerator Ret Company
Boston
Charleston
Orleans
St Louis
Lanaa
Pittsburgh
Galtimore
Chisago
Fchanges
Harvey
Willie
Ig Computing
Neil
Maghem Lawrence & Co
Garay
Hudson
Internasional
Newtan
Ie Kings
Cat & P
Vay & Bon i
Phelps, Dodge & Co
L&w
Pope Manufacturing
Rion
Pratt & Whitney
Himington
Dayton
Rae Tee
Soln
Canualty
New York City
Fin & W
WN. Coler & Co
FW & J
Tof Mage
Rome
Maren
Ov Moe
Wily Frankl
Eptember
Sharon
Mtr
Wy Wits Heen
Hereford
Ito
T&g
Bt Tn
SGM
UC Kb
Bane Ass
LEN R&c
Warren
Halitieie
Phila Elwettte
Heiss Columbia
Nauhath
Phila Traction
Lake
Air ix
Greene-Cananes
Gum Texteuston
Maran Valles
Toronto
Ereda Mile
Marx Thompson & Ce
Msroai Ware
Pat Ask
LE Malley
Kerr Lake
Nevada
Weir Bros. & Co
No & Broad Street
Neway
Montana
Tonopaha
North Star
Rescue Gate i
West End
Consolidated Soc
Goldyields
Atlanta
Ull Peace
Dalry
Widfield
Ivewan
Mercer
Kendall
Fairview
Manhattan
Willan
Wayconan
Daly Cary
Daly Cary Wa 1» Ar Tomatie Tunic
Charley Head & Co
Wall Witosk
Chieeth
Maine
Wear
Bohensia
Ravennite
Cogbia
Shami
Public Utility Notes on Finance and Power Firms
Henry te Doherty returning from Europe discusses shifting finance conditions, noting failed London offerings and plans to issue $5,000,000 of Cities Service five year 7 percent notes in the U.S. A San Joaquin Light and Power report shows strong earnings for the first four months of the year. Bishop Light and Power, Consolidated Electric Light and Power, and Utah Power and Light report varying results and proposed bond issues. Utah Power and Light to acquire Monte Velier property. Montreal Light, Heat and Power to increase capitalization. Kin gs cy franchise row with Metropolitan Street Railway unresolved.
MENTIONED IN THIS ARTICLE
Henry Te Doherty
Europe
Cecilie
London
Doherty
San Joaquin Light and Power Co
San Joaquin Light and Power Corporation
Big Kaine
Meath
Imat
Slutot Intarest Shamen
Balan San Aspen Suatat Az
Anterrap Eharess Tadsin
Siscunss
Stramg
Consolidated , Electric Light and, Power Company
Public Service Commission of Maryland
Consolidated Gas, Electric Lasht and Power Company
Ite Gas and Electric
Montreal Heat, Light End Power Co
Montreal
Montreal Light, Heat and
Tncrease
Felomon
Atock Tt
Wall Street Transactions and Dividend Declarations Summary
Wall Street activity yesterday saw about 25 000 shares traded on the selling side. Dividend announcements include American Tobacco Company General Chemical Company Guaranty Trust Company Allied American Smelters Security Company and many others with various payable dates and rates. New Jersey area railway and freight metrics are reported with revenue gains and record May car movements on New York Central lines reaching a historic high.
MENTIONED IN THIS ARTICLE
Stock Exchange
American Tobacco Company
Kabulating
Recording Company
Rane Ae General Chemnical Company
Guaranty Trust Company
Teetork
Aiveneut War Aid Foundry Companys
YeRatar
Atlachan Clent Command
Secutiten Compas
J. A. Dunlap & Co
Cevord
du Pont de Nemoun
Fe Wo Hime Company
Suna
Preferred
Jer Company
New York
Ching Fouls Railway Pany
Conmmon
Amtipanhy
Hades Forte Kies Sugar Company
Comston
Stanidiye Eafe Tevosit
Simi
Subway Meals Company
Wesman-Iruton Company
Ana E
Sea Pagan
Woden’ Way Company
Vet Power Company
Rogular
Market declines across Industrials and tobacco stocks prompt firmer losses
The market yesterday showed broad weakness with major industrials slipping and tobacco shares leading declines. United Cigar Stores fell more than four points as Nevada group trades waned, while North Gate and Belmont show mixed moves amid cautious selling and light covering rallies.
MENTIONED IN THIS ARTICLE
Peean Anyaieamanees Coon Mw
United Cigar Stores
America
Tolado
New Jersey Fell & Nts
South Transit
Atlantic Retioioe
Nevada
North Gar
Ide
Sie
Tonopah
Ste
West Bod
Jim Butler
Jenny Extersin
Mids Frog
Ibe
Neveda Hills
MacNamara
Belmont
Seth
Goldfield
Atlanta
Ieee
Stocks in Other Cities See Mixed Trading Across Markets
Chicago and other cities reported a general downtrend as Eastern markets slumped under liquidation. Trading showed speculative scalping with occasional recoveries in high quality issues like Sears Roebuck, which fell over a point then regained much of the loss, while declines ranged from two to points and included Union Carbide.
MENTIONED IN THIS ARTICLE
Chicago
Searse Moebuck Common
Union Carbide
Business Reverses and Debtor Petitions In New York Firms
Petitioned insolvencies affect Henry J Schmidt a No 140 East 424 street and Fischman Leather Goods at Fifth Avenue. Liabilities around 13000 with creditors Brandes Brothers Conrow Brothers Sulzberger & Sons and Lipton. Edward Popper theater owner and Rosenthal Skirt Co face lawsuits. Separate lists show numerous judgments and assorted creditors including real estate and manufacturing entities across New York City with extensive asset and liability figures.
MENTIONED IN THIS ARTICLE
Henry J Schmidt —Neary
Aconiict
Krock and Butcher
East
Atrvet
ANA
Aerous
Carly
Bank
Brandes Brothers
Conrow Brothers Company
Sulzberger & Sons Company
Ibibert W. Goelet
Thomas J. Lipton
Muswell Sage
Mra
Cram
Noo & Runt Mth Street
Jefferson Howan
A.W Krech
W. Hareper
Pullman Palace Car Company
New York
New Haven & Hartford Kalttoed Company
Vischman Leather Goods Company
Fischman Tannner Goods Company
Noos Fifth Avenue
Credfiore
Catsialthi
Nelcom
Jacal-Hudson Wood Working Co
Ine Austin
Selormon— Welch & Bon
Philander Bek van Sennick
Athing
Herbert
SN Wallmann
Axerol
Harbel M
Picknardt
Baeste
Sailandizhain
George Nyall
Sa Bare
Lonu Ts Keblasat
Victor la E Lewin
Folomome Krepony
Folomome Krepony; $408 Ot. ‘Croen— Porter, Sivan & O'Donohue Co
Jae
Fh Curnen
Costes
Robert Willis
Junneon Co
Jons
Parner
Conan
Food
J Awner & Co, Inc
Brickman, Wallam
Seronx Provision
Pdip Anh
Draseer
Famerirex
Richard J
Chase
Kesmerman
Benjamin
Philin’ Chen
Taco Levine
Bush predicts railroad surplus amid earnings rise forecast
Gouldline, president of Missouri Pacific-Iron Mountain, said in New York that June earnings could grow by about 609000, with the year’s auto plus revenue near 1.5 million while last year showed a deficit of over 5 million. Crop reports show damage but relief from recent rains may lift Missouri and surrounding territory yields to several percent.
MENTIONED IN THIS ARTICLE
Central Railroad Company of New Jersey
Mt Inverme
Sindeduker
Studenaner
Pritigh Asy Tobacco Corporation
Bect
Blanchard
Sunit Peat
Kentucky
Columbia Gas
Neeal
Aecosnis
Meuico
Vlewator
Etna Ae
Dee
Si Bony
Nat Firepreot
New York
West National Currency Association
Tanes
Wills-Overs & Ta
Frank A. Vanderity
Bush
Missouri Pacific-Iron Mountain Railroad System
Gouldline
Buwh
Missouri
Nevada Hills Mining April Report Shows Mixed Ore Results
The Nevada Hills Mining Company April report lists 2218 tons milled worth 4189 dollars with various losses and profits. Yearly income stands at 1200 dollars with net income around 801,102 dollars and April 30 on hand liquidity noted. shipments from Cobart and other mines led to mixed high grade ore totals and several named shipments to Thompson smeltery.
MENTIONED IN THIS ARTICLE
Nevada Hills Mining Company
Cros
Thompson, Nev
Mason Valley
Nevada-Douglas
Starek Succeeds Rorebeck as National Bank Examiner
James Starek, national bank examiner, is placed in charge of the New York City district examination duties, succeeding Falwin Rorebeck who moves to special work under the Currency Controller. Starek previously assisted Rorebeck in NYC examinations and will lead a sizable team, with no new examiners assigned to New York.
MENTIONED IN THIS ARTICLE
New York City
Washington
Une
Jaarnes Sturels National Bank
Falwin Rovebeck
Wallame
Vont Kane
Starek
Korebeck
Fore River Deal Upheld Injunction Refused
In Boston, Superior Court Judge Karny refused to grant an injunction stopping Fore River Shipbuilding from transferring its business to Fore River Shipbuilding Corporation and Bethlehem Steel. The decision said the Myers petition was defective. Myers of York, a stockholder, claimed his shares were voted for the sale without his knowledge or consent.
MENTIONED IN THIS ARTICLE
Boston
Karny
Fore River Shipbuilding Company
Fore River Shipbuilding Corporation
Bethlehem Steel Company
John Myers
York
Myers
Steel Corporation
Frisco Tie Up Eases as Third Receiver Discussed
Frisco receivers consider naming a third receiver to oversee bondholders while Speyer & Co and Yoakum interests negotiate. An operating manager is seen as possible, aiming to harmonize conflicts between Frisco management and bankers.
MENTIONED IN THIS ARTICLE
Wall Street
St. Louis
San Francisco
B. F. Yoakum
Circuit Court
St Louis
Yoakum
Speyer & Co
Prisco
Winchell
West James Speyer
Washington
Frisco
Speyer
Serament
National Association
Maurice Leon
New Orleans
Texas & Mexico
William Salomon & Co
Chicago & Eastern
Jtingla
Brownsville
Ilingla
Histatua
Sanborn
Kum
Thomas H. West
B. J. Wincie
St. Paul
Consolidated Exchange Sees Heaviest Day Since Last December
Trading on the Consolidated Stock Exchange surged to the heaviest level since December 11 of the previous year, with 195,609 shares changing hands across 58 stocks. Early activity before other Wall Street markets showed brisk buying, while subsequent calls and late afternoon rallies reflected a volatile session with declines on some leading issues before a general late rally on short covering.
MENTIONED IN THIS ARTICLE
Wall Street
Stee
Union Pacific
Reading
Amalgamated Copper
American
Altough
Swest
Also Mentioned on This Page
Ohs
Poragr
Public Utility Notes
Bishop Light and Power Company
Utah Power and Light Company
Salt Lake City
Utah
Tear Lake Power Company
Montevelier
Idaho
Wuerty
Georstown
Paris
Montpelier
Bloomington
Georgetown
Hennington
St. Charles
Ovid
Jort
Kingas Cy
Metropolitan Street Railway Company
United States
William Hook Oo
Items OF
New Orleans, Mobile & Chicago Railroad Company
A. H L. & Post
Mercantile Trust and Deports Company
Malthavere
J.P. Morgan & Co
Kohn, Lamb & Co
First National Bank
National City Bank
Knauth
Nackod & Kuhne
Charles Z. Merrill
Eastman, Dillon & A
New York Central
Curb Market Association
Beritheljean ‘Tobacco
Willa A. Vibeer
Treifte
Bante F
Prancheon Oakland Terminal Railways
Erent B.A. Heron
Manhattan Company
Wnt
Philadelphia
Georgia
Goldtere
Louie and
Samuel
Hannin
Arnetosa
Thompeos
St Ay
George Bel” Goodman
uilee—Realty Supervision Co
Row Longman Et
She Howe
Caton Siaive Savings
George
Savage
F. Wickenhelve
Jeiteron Bank
Rufstgeon
Sam Haine
Lsadore Seminel
Mursin M Mareue
Wiper Gow
Gallagher
Edmund J
Raito
Lichiel
Pollok, Witea
Chaclen & 3
Rea I.ewin Eaardian
P. Spitsnof
Coats
Ratte Bunche
Thanae
A. Feld Company
Saleem
Willem H. A. Mekuratian
Palmer Price Schutes
Schomon
Jacob O
Kenser
Maxeen
Pale
Hank
Zutton
George WW
Jawer
Cara A Zinano
Frank J Litman
Albert Aayrmowite
Teac Ae
Tinee and
Knicker Cibecher
Jaumacher Co
Figth National Fenke
Volkman
Henry
Fe Ziegtild
Florgne
A.W. Tulnet
George WA
Travecen
Tragenor
Virann
Carmine Cipolla
Conte Fantie
Regent Realty Cos
Witham
Georgs P. Sebinger
Baat New Yong Maton Matera
Tombins Free
Gk Aina
Corte Larson
American Surety Co
Bonora Chime Co
Mamblin
Soak
Moxie Co
Hayley
Clemens Construction Co
Twentyethind Ward Hawk
Hingineertog Co
Thatcher Furnace O
I Manaton' Boatty Inventing Corp
G- Lapey
Nou Fork
Rhodes
Manhattan Brus Mfg
Menanery Yan
Transportation Cow
Bon Construction Co
Charles Scheen
Joseph Roxenawalg
W. Savage
Eame Sane
Ve Fidelley
Guaranty
A. Jackson
Milewater Lumber Coi
de Wynn
Manhattan Tea Co
Virgil AJ Kerepps
Jennings
HE Mgran
Morvert
Paas “Rupraten
Lamp van Robert KJ
SAN
Bristol Randing Co
James Moort
Shepard & Morea Lumber Coy
Missouri Pacific
Iron Mountain
Cobart
Eld Drummond
Nipissing
Brien
Temishamene
Rorebeck
Lara
East St. Louis
Landon Mpelter
TRON
Tondon
Trenci Iy and Wackenbed
Fore River Deal
Yoakum Wedding Factor
Bride
Tine
Ohio
Buel
Gora Products
Dist Securities
Gt North
Inter Metro Ia Abe
Lehigh
Valley
Hos
Louis & Nash
Tealaly
Tania
Gourhern
Paine
Utah Copper
Virginie
Yoo Montana
Ophir
Rescue Bala