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This newspaper page contains 21 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 17, 1916

Page

3

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Ottis & Gibb Joseph J. Martine Fale J. Harper Poor Miller Gibb Willam T. Evans

Also Mentioned on This Page

Atlantic Coast Sterling Exchange Mexico Nenin Wall Anea Lem Quicksliver Mer Guy Knacth Nelevlat Britain Hank Fem France von Guyot Sterling Wirmer Stock Exchange Wall Street News Fackard Motor Car Company Leopoldham Renskorf, Lyon & Co J. & Bache & Co Saratoga Springs Board of Managers The New York Cotton Exchance Charles D. Barney & Co Gfice Newport, I Kansas Petope Ebates Hemant Weth Bio Santos Erwdes Santon Ge Fraoig Leurdon Eredite Santee TauTan Cade Giese WU Feds Ter Bo Weary Ead Cuba Cane CO Nabed Yank St Laue Ile Revelpta Pacha Seorely Sogei Ige Scortne Sugiaze Aden Cos Livaiviges Tennant Hennery Elon Baldwin Hen Davis Albemarle Jereey Binck Jarvey Rashnelles Via Asto Aponso Huttinores Hiduetoss Wren Rely Erate Jenie Etna Cong Island Penn Longland Jersey Baskets TGR Liv Earhy Ie Hunebes Aiger Eabtsita Romaine WML Banker Ashe Roti Rinreheen Baer Eoifsbe All America Buenos Aires Dayton Anlemarket Crawley Pictery Wee Galveston Jew Orleans Charleston Wilnsington Norfolk Baltimore Interior Acura Memphia Houstia Pointe Des Pau Marciple Mutual Manufacturers’ Association A. B. Garretson Order of Railway Conductors National Railways Conference Committee Thursay Greater Mitchel MILLS @ GIBB
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