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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 08, 1915
Page
5
Markets drifted lower as investors awaited German developments. Reports cite weak industrials and railroad shares weighing on the index while traders eye the Germany issue for guidance. The tone remains cautious with little surprise in early trading.
Public records detail Fidelity Frat wards and Moder Co purchasing in Weyne of SRANCOM mortgage year operations. June 1, 1918 dates noted with guaranteed interest and sinking funds. Public Service Railway Company and Medlic Seyview Corporation of New Jersey referenced in capitalization and authorized capital. Annual earnings show improvement.April figures indicate shifts in revenue and expenses amid ongoing construction and service expansion.
In a formal election at the Cotton Exchange Edward M Weldon Winson was chosen as a board member. The ballot also listed opponents Harriss and Picri-Finant, with Winson securing the notable win for the exchange leadership.
Reports of a mysterious large flying machine built by Mr. Young near Hemstead Plains aviation field at My Young. Locals recall four years of secrecy as workers labored on a huge contraption, now stored in a corner of Hangar No. 28 awaiting its reveal to a curious public.
The stockholders' protective committee of the Rock Island Line Railway Company has directed a report on immediate financial needs and the plan for rehabilitation. Four factions are named within the board, including Nathan L. Amster and the Phelne Dodge interests, with Harmony sought among directors.
Farainge reports Rock Isi lines for April with operating revenue of 8127,084. After expenses and taxes, net earnings reach Feniate versus 8647559 a year earlier. Philadelphia Company stockholders elect S. B. Kraon to the board at the annual Pittsburgh meeting. MHL. Furlan resigns. Rutland Rai porte gross Opera for April shows 12 12 rain. after expenses and taxes, net rises to 76,741 from 25,088.
An official statement from London reports Chancellor McKenna and the French Finance Minister met at Nice on June 7 to discuss financial cooperation. They announced a complete agreement to use resources jointly while maintaining harmony, with naval and military measures to back their collaboration.
A garbled historic stenography item from Albany notes a June 7 incorporation filing with the Secretary of State, listing multiple names and vague terms about corporate action and dates. The readable fragments show several people and places but lack coherent details or outcomes.
Deposits by Missouri Public Service show 22.56 million dollars, over one percent of total outstanding, under the state extension through June. Officials say the move ahead of note readjustment suggests a stronger funding stance, with a readjustment plan expected in two to three weeks.
The cotton market was steady with a quiet tone and modest gains amid unsettled Southern conditions and favorable Liverpool signals. Northern and western reports cited rainfall and variable weather, while some traders expect a dry spell to support prices. Southern spot markets showed slight strength despite general uncertainty.
Amalgamated Copper Company stockholders voted to dissolve the combine and distribute value on a share basis. The transition involves the amalgamation with Greene-Cahance and Mountain Trading, with cash consideration of 4,701,4000 and a planned dissolution of the holding company.
Pouslae J. Iiman & Co. sold for John BR. Suydam a dwelling at 464 Madison Avenue to the estate of Forty Dawid Dows Phepreations for 111,000. A six story elevator structure will replace it, with offices, stores, and apartments. Kilisian & Co. foresee occupancy by October.
The Public Service Commission, Borough President Marks, and the Real Estate Board urge settlement of William Street entrances on private property. They favor wider, safer exits and condemnations only if necessary to provide proper access, arguing timely action saves cost and reduces future delays.
Brooklyn news notes a proposed widening of entrances near William Street to ease heavy morning congestion. The project aims to provide adequate access as the subway expansion serves the eastern district, with anticipated benefits for daily commuters and future growth.
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