Wall Street News On Crucible Directors’ Big Dividend
Markets mixed with dull days and a late session dip fueled by a war rumor. Crucible Steel and Besding led volume as investors pondered a 24% accrued dividend and possible changes at Coast Line and Louisville & Nashville amid wartime financing and foreign holdings.
MENTIONED IN THIS ARTICLE
Barket
Cra
Crucible
Tony
Lourie & Yeetors
Milla & Nashville
Wall Street
Coast Line
Lonigsiie Management
Loulecilie & Nashville
Coast Ling
Louisville & Nashte
Cogat Line
Market report notes weak wheat and steady grain prices
New York June 16 1914 market view shows wheat influenced by crop outlook with weak prices while corn demand remains steady. Livestock and bread-related markets show varied activity with minor gains in some sectors despite overall weakness. Corn meal and flour markets exhibit limited movement amid price adjustments and buying pressure.
MENTIONED IN THIS ARTICLE
New York
Liversons
Fevell
Dheliew
Nodi
America
Bileretf
Trade Contraction Seen In Some Business Lines
The week’s commercial notes point to trade contraction in areas like textiles and leather while others hold steady. Domestic demand has dipped, but overall transactions remain higher than in prior years as manufacturers seek labor and materials to meet ongoing demand.
MENTIONED IN THIS ARTICLE
Dan
Maters
United States
Wall Street Brief Notes Currency Gains and Trade Data
A summary of bank currency movements shows gains near 85 million, with interior shipments and national bank redemptions contributing 1.3 million and 1.76 million respectively. Sub Treasury results plus North American railway earnings and dividends highlight mixed financial activity for April and June.
MENTIONED IN THIS ARTICLE
National Bank Notington
Canada
Spain
British Columbia Financing Deal Reported in 10 Year Terms
The Canadian province of British Columbia sold a ten year financings privately to Montreal bankers. Tender amounts were submitted as part of the deal, with terms noted as four percent. The report references the sale as reported in a New York news item.
MENTIONED IN THIS ARTICLE
London
England
Ard Brita Tresary
Mov
New York
Midon
Focal
British Columbia
Canadian
Tritieh
Montreal Bankers
Cuba Cane Co Expands to Acquire Stewart Sugar
Cuba Cane Co expands directors at a meeting to acquire Stewart Sugar Co whose properties lie in eastern Cuba. Inter concern output is 500000 days a year and payment will come from the parent’s cash resources about 20000000 dollars. Stewart Co is New Jersey incorporated in 1907 with 200000 rock outstanding and funded debt of 2750000. English interests are represented on the board.
MENTIONED IN THIS ARTICLE
Cura Cane Sugar Corporation
Stewart Sugar Company
Inter Concern
Stewart Company
New Jersey
Inactive Stocks The death bid and asked prices for unfavored listed stocks
The table shows death bid and asked prices for stocks listed but not actively dealt on the Stock Exchange. Entries are unclear due to damaged OCR but indicate inactive trading status and price quotes for several securities, with names partially legible.
Gold Shipped From Ottawa Reaches 57 Million
Gold shipped from Ottawa totaling 57,051,000 dollars arrived in Ottawa Canada and 3,900,000 dollars in gold bars were deposited at the Assay Office yesterday by J. P. Morgan & Co. This marks a substantial increase in the present movement of gold.
MENTIONED IN THIS ARTICLE
Canada
J. P. Morgan & Co
Ottawa
New York June 16 1916 Country Produce Markets Curia Unclear
Market report with scattered prices for butter, tin and zinc futures, dairy summaries, and extensive fruit and vegetable receipts and quotes across New York and London markets. Contains numerous fragmented figures for butter, dairy, grains, fruits, vegetables, and sea freight terms.
MENTIONED IN THIS ARTICLE
Country Produce Markets
New York
Dutter
Wool Market Holds Prices as Sellers Lead
The local wool trade remains favorable to sellers with continued price advances. Foreign buyers are strong and Western markets stay above parity, while Ohio and Michigan fleece sales run 25 to 36 cents. Local mills stay busy though activity sits at a moderate level.
MENTIONED IN THIS ARTICLE
Philadelphia
Ohio
Michigan
Meglio Sears
Googie
Ieras
New Trade Plan for All America Headed by March
George A. March sails for South America aboard the Lamport and Holt Vasari to set up a North South American trade enterprise. He will base at Bennos Ayres and direct a syndicate of newspapers including the New York Evening Post and Chicago Daily News. The plan seeks to connect American capitalists with Latin American buyers and expand markets for U.S. manufacturers. Firms in Lavalle 341, Buenos Aires at Benos Ayres are urged to write March for Latin American business links.
MENTIONED IN THIS ARTICLE
George A. March
South America
Lamport & Holt
Vasari
North
Bennos Ayres
New York Evening Post
Minneapolis
Impre
Ing News
Washington
Evenin
I Bune
Chicago Daily News
Philadelphia Record
Pittsburg Post
March
United States
Americas
Europe
Lavalle
Bensos Ayres
Argentina
Firma
Mr. March
Public Utility Notes Highlight Gas, Light and Power Deals
The Standard Gas and Electric Company paid the outstanding 8 percent notes maturing June 1 1913 and reduced its short term obligations. It cut convertible bonds by 1 911 600 with funds from Northern States Power Company subsidiary bonds, lowering total debt to 7 040 500. Toronto Electric Light sold 1 000 000 first mortgage three year gold bonds to Read & Co and Dominion Securities to retire similar maturing bonds. The city of Toronto may buy the company in 1919 by arbitration. Day ton Power and Light reports May earnings up B percent with June results showing a gross gain and a net after tax rise of over 65 percent. surplus after charges rises to 21 202, up 16 085.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Arma Sabe
Municipal
Seehof
Armour & Co
LoTty
Paige
Maryland
Salis
Ali
Coul
Encom - 2A
Louisiana & Arkansan Railway Aa
Northwestern Power Company
Toronto Electric Light
Toronto Electric Light Company
William A. Read & Co
Dominion Securities Company, Ltd
Toronto Electric | Light Company
Dayton Power and Light Company
Russian Loan Big Success Promises Wide Subscriptions
The $50,000,000 Russian loan greatly exceeded expectations with near full subscription. Officials noted strong interest not only locally but in other areas and indicated the subscription period would stay open until Monday to allow broader participation.
New Protective Committee Formed for Wichita Falls & Northwestern Bonds
A protective committee for the first and refunding bonds of the Wichita Falls & Northwestern Railway Company, a subsidiary of the Missouri Kansas & Texas, has been formed. Members include Fisha Walker as chairman, J A Kemp, R Walter Leigh, Merle Brai and GR Walker. The committee is not requesting bond deposits.
MENTIONED IN THIS ARTICLE
Wichita Falls & Northwestern Railwa Company
Missouri, Kansas & Texas
Fisha Walker
J. A. Kemp
R. Walter Leigh
Merle Brai
Gr, Walker
Real Arrest Follows Threat Withames Mother Arrest
A Brooklyn youth was arrested on burglary charges after his mother, unconscious from a fight, alerted police yesterday at ES Ninety-second Street Brooklyn. In the boy's room police found a revolver four cameras twelve watches candy and an expensive pipe. Adolph Freeman, a confectioner, claimed $30 worth of property.
MENTIONED IN THIS ARTICLE
Witham Andres
ES. Ninety-second Street
Brooklyn
Adolph Freeman
Gas Fumes Nearly Kill Two In Brooklyn Home
A detective named John Dorant and his wife at 408 Bushwick Avenue Brooklyn nearly died yesterday after gas fumes flooded their rooms. Dorant woke choking and opened a window while neighbors, awakened by the fumes, investigated and found him and his wife in distress. An ambulance surgeon treated those affected.
MENTIONED IN THIS ARTICLE
John
Dorant
Bushwick Avenue
Brooklyn
Taos
Durant
Californian makes big profit in realty deal
Clarence Payne earned about 150000 dollars on an option to buy the unfinished Guaranty Building at Forty third Street and Fifth Avenue. He sold the option to Postal Life Insurance Company in exchange for equities in the star Life Building and other properties. The 16 story Guaranty Building’s title was conveyed to Postal Life Company, with mortgages noted, in a deal valued at about 6500000 dollars. Brokers included Charles F. Noyes Company and others.
MENTIONED IN THIS ARTICLE
Clarence Payne
California
New York
Guaranty
Forty-third Street
Fifth Avenue
Postal Life Insurance Company
Star Life
Liberty Street
Charles C. Lockwood
Postal Life Company
Bit Fifth Avenue Corporation
Harris
Marco Mandelbaum
Postal Cpany
Postal Lit
Payne
Mesars Mandelbaum
Charles F
Condition figures halt cotton sales in quiet market
Bullish condition figures failed to spark buying as trading stayed quiet and prices slipped. Liverpool activity diminished with covering only scattered, while a private crop report suggested deteriorating condition. October held near 12.89 to 12.84 amid liquidation and weak demand, with week exports and spinners' takings described against a backdrop of rising world stock figures.
MENTIONED IN THIS ARTICLE
Liverpool
He Giles
Lanccashire
Hedley to Reenact L Wreck for Jury
Coroner Flynn continues inquest into the Third Avenue crash. Frank Hedley and Public Service Commissioner Whitney testify as officials attempt to fix responsibility. Inquiry focuses on signal systems and train operating distances on local tracks. Kerrigan’s actions in the cab are questioned amid ongoing investigations.
MENTIONED IN THIS ARTICLE
Frank Hedley
Inter Borough
Third Avenue
Flynn
Bronx
Hedley
Public Service
Whitney
Spevife
Frank Kerrigan
Ariet
Mark
Whitney Balted
Expinine Commission
Lnterborough
Newark Strikers Hit Jobs Abroad As Standstill Grows
About 6 000 machinists and toolmakers in Newark walk out and seek work elsewhere. Two hundred left yesterday for Richmond with smaller groups to other cities. Thirty shops accepted the eight hour day demand while sixty failed to respond. Western Electrical Instrument Works workers joined the walkout. An imminent general strike was signaled for Otis Elevator factories in Harrison Yonkers and New York City.
MENTIONED IN THIS ARTICLE
Elisha Lee
Railways Conference Committee
Brotherhoods
Representativ
Railroads
Lee
Walt
Rust Twenty-second Street
West Twenty-second Street
Shapiro
Tefferson Market Court
Charles Heineman
Manufacturers’ Protective Association
New York
Asany
Newark
Richmond
Western Electrical Instrument Works
Waverly
Th Pang
Sino
Execu Noard
Otis Elevator Company
Warrison
N. Dy
Onkers
Mills Gibb Assets Far Below Liabilities
The Ottis and Gibb white goods firm shows assets of 74,976 against liabilities of 5,201,000 in a receivership filing by Joseph J. Martine and J. Harper Poor. The balance sheet notes 795,861 advanced by Miller Gibb to William Evans, and a merchandise inventory valued at 2,227,010 with a building estimated at 1,000,000. Notes outstanding total 2,210,000. It lists loans from foreign sources and notes the firm’s collapse under the weight of debt.
MENTIONED IN THIS ARTICLE
Ottis & Gibb
Joseph J. Martine Fale
J. Harper Poor
Miller Gibb
Willam T. Evans
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