Dividends Rise at Louisville & Nashville and Crucible Steel
The Louisville and Nashville Rail Road and Crucible Steel Company directors increased or initiated dividends. L&N restored to 6 percent annual rate, declaring 3 percent semiannual payout August 4, while Crucible Steel boosted its quarterly preferred dividend to 1.5 percent, payable June 3. Canadian Consolidated Rubber also declared initial 1 percent common and 1.5 percent preferred quarterly dividends, payable July 2. The rise comes amid varying quarterly earnings and historic payout patterns across the firms.
MENTIONED IN THIS ARTICLE
Louisville & Nashville
Yesaorta
Crucible Steel Company
Ing
Canadian Consolidated Ruber Company, Limited
United States
Rusver Company
Montreal
Dominion of Canadas
Ait
Canadian Rubber Company
Berlin
Merchants
Maple Leaf
Granby
Receiver Appointed for W. B. Smith & Co in Bankruptcy Case
Garrard Glenn, a lawyer of 115 Broadway, was named receiver by Judge Hand for W. B. Smith & Co a Consolidated Stock Exchange firm facing an involuntary bankruptcy petition filed last Wednesday. Bond set at 5060 dollars. Creditors Harry Frost Harry Anderson and Archibald Graham led the petition.
MENTIONED IN THIS ARTICLE
Garrard Glenn
Broadway
Hand
United States District Court
W. B. Smith & Co
Consolidated Stock Exchange
Harry Frost
Harry Anderson
Archibald Graham
Consolidated Exchange Trer
Frm
W. R. Smith
William H. Osborne
Gienn Mid
Chicago Board of Trade
Foreign Trading and Dividends Rise in Market Notes
Reports from London and New York describe heavy selling and a volatile market. Mining stocks show tentative recovery but copper shares fall on Paris Bourse weakness. dividends are declared by several banks and trusts. Copper prices dip on the London Metal Exchange as speculation unwinds. Quicksilver Mining elects new directors amid shifting leadership.
MENTIONED IN THIS ARTICLE
Foeretza
London Exchange
Ue i
Paris
Rio Tintos
London
Bank of England
Library Bureau
Phenix National Bank
Lawyers’ Mortgage Company
City Trust Company
Columbia Bank
Mercantile Trust Company
American Coal Prod
Patton Trust Company
Quicksilver
Quicksilver Mining
Gustave Frank
Joseph L. Lilienthal
Charles A. Nones
Remenburg
Charles Stern
Harry H. Starret
Alfred H Swayne
A. D. Sikes
Carlton M
Morris & Trenaine
Albert Fries
Foint Stock Exchange
Felix Kahn
Rector K. Fox
New York Stock Exchange
Argentina
Semerce
Buenos Ayres
London Markets Mixed As Copper Shares Slide
London traders report a weak market for American securities with copper shares hit by heavy selling on Paris exchanges. Money rates show call money at 1 percent, discount rates around 1 8 percent, and Paris and Berlin figures mixed amid ongoing currency and bond activity.
MENTIONED IN THIS ARTICLE
Berlin
Paris
London
Iar
Roney Eecuritizs
France
Iron and Steel Company Reports Year End Figures
The Iron and Steel Company reports results for the year ended May 31, 1909, with comparisons to the prior year. Total assets and receipts show a large sum of $345,028, reflecting key financial movements and year over year change.
MENTIONED IN THIS ARTICLE
Fee Iron and Steel Company
Sosy Ae Owe
Suit Against Washington Life Over Policy Reserves
Sues Washington Life Insurance Company in Supreme Court to recover legal reserves on his policies claiming breach of contract in transferring reserves to Pittsburg Life. Justice Greenbaum overruled demurrer, ruling breach of contract shown irrespective of security, Wolfe not bound to accept the new company.
MENTIONED IN THIS ARTICLE
S. Herbert Wolfe
Washington Life Insurance Company
Supreme Court
Washington Life
Pittsburg Life and Trust Company
Wolfe
Pittsburg
Justice Greenbaum
Pittsburg Life
Legal Reserve
Dominion Copper Co Investigation Challenges Vancouver Auction
The protective committee of Dominion Copper Co says its counsel is probing the June 4 Vancouver auction sale of the company property. Hayden Untermyer committee bid it in, and the panel plans to seek annulment proceedings. The letter notes limited stockholder contact but claims potential substantial outside banking support on a resale.
MENTIONED IN THIS ARTICLE
The
Dominion Copper Company
Vancouver
Hayden- Untermyer
Hayden-Untermyer Committee
Protective Committee
Heavy Demand for Steel Rails Sets Weekly Record
The steel market shows strong demand with over 250000 tons ordered this week. United States Steel Corp reports orders totaling about 210.4 percent, including 119000 tons for Harrimanne lines and 350 for Missouri Pacific. Independent mills also secure large rail orders, with Harriman lines adding around 40000 tons. Officials expect weekly rail orders to exceed 3000 tons, valuing near 9 million dollars, while other finished steel products see robust activity and further price rises for bars shapes and plates.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Harrimannes
Missouri Pacific
Harriman Lines
Exchange committees named by Produce Exchange board
The board of managers organized yesterday by appointing standing committees. Chairmen include Finance E R Carhart room and fixtures Lyndon Arnold law E C Rice floor Charlies W Bowring house George W Gardiner.
MENTIONED IN THIS ARTICLE
The
Produce Exchange
E. R. Carhart
Lyndon Arnold
Law
E. C. Rice
Charlies W. Bowring
George W. Gardiner
Southern Railway Reports Improved Traffic and New Services
Southern Railway shows improved freight and passenger traffic versus last year, reflected in growing earnings and extra trains between New York and the South. A new Birmingham and Atlanta service started this week, and the Memphis special departs at 9:55 p.m. for an initial run, arriving Memphis at 7:30 a.m. two days later, shortening the New York Memphis journey by six hours with the best equipment.
MENTIONED IN THIS ARTICLE
Southern Railway
New York
South
Birmingham
Atlanta
Memphis
Vanderlip to entertain clerks at Scarborough home
Frank A. Vanderlip, president of National City Bank, will host his annual entertainment for the bank staff and their wives at his Scarborough country home. A special train will bring guests to Scarborough for a vaudeville show, athletic games, and lawn supper.
MENTIONED IN THIS ARTICLE
Frank A. Vanderlip
The
National City Bank
Scarborough
Farmers' Loan and Trust elects new officers
The managers of the Farmers' Loan and Trust Company yesterday elected William B. Cardozo and Cornelius R. Agnew as vice-presidents and assistant secretaries. Robert E. Boyd became assistant secretary and registrar, Horace F. Howland manager of the Fifth Avenue branch and assistant secretary, with Herbert Wellington and H D Sammis named assistant cashiers. The other officers were reelected.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William B. Cardozo
Cornelius R. Agnew
Robert E. Boyd
Horace F. Howland
Fifth Avenue
Herbert Wellington
H. D. Sammis
Morse an Optimist
Charles W Morse and his son Harry visited lawyers and the district attorney as he prepared for bail and a new trial. He spoke of rebuilding his business and paying debts after a country sojourn, praising his wife for support and planning a downtown office return.
MENTIONED IN THIS ARTICLE
Charles W. Morsé
Harry
Fifth Avenue
Martin W. Littleton
Rector Street
Gifford, Hobbs & Beard
Criminal Courts
Generals Sessions Court
Warren W. Foster
Morse
Jerome
Mr. Morse
National Stockyards Inquiry Opens Amid Closed Hearings
An official probe into charges against the government meat inspection system at the National Stockyards in East St Louis began under a board appointed by Secretary Wilson and led by Dr. A. D. Melvin. Former inspector J. F. Harris withdrew after being told hearings would be private, though he will get daily stenographic transcripts. The panel will call all witnesses on Harris’s list to substantiate the charges.
MENTIONED IN THIS ARTICLE
East St. Louis
Tll
Wilson
A. D. Melvin
Bureau of Animal Industry
J. F. Harrs
Ruppert Opens New Bottling Plant with 3500 Guests
Col Jacob Ruppert hosted about 3500 visitors at the opening of a new bottling plant at 90th Street and Third Avenue. Guests saw machines producing 375000 beer bottles per ten hours and received gold fountain pens at five entrances. A brass band played as a spread awaited them on the top floor.
MENTIONED IN THIS ARTICLE
Jacob Ruppert
90Th Street
Third Avenue
Colonel Ruppert
Erie Wins Case Before P.8 Board
Albany June 17 The Public Service Commission lacks jurisdiction over Nyack to NYC commuter service on Erie due to interstate nature, as traffic passes through New Jersey. Commissioner Decker says restricting passenger trains harms metropolitan demand and worsens service adequacy.
MENTIONED IN THIS ARTICLE
Albany
Public Service Commission 4 District
Railroad Improvement Association
Nyack
Erie Railroad Company
Rockland County
New York City
Bergen Tunnel
Decker
New York State
New Jersey
City of
New York
Heinze Employee Held In United Copper Book Theft Case
Calvin O. Geer, an employee of the Heinze corporation, was arraigned in federal court on charges of aiding in the removal of United Copper Company books or interfering with justice. He pleaded not guilty and posted 1500 bail for Wednesday. Sanford Robinson and A P Heinze face similar charges, with pleas or demurrers due then.
MENTIONED IN THIS ARTICLE
United Copper Company
Heinze Corporation
Hough
Calvin O. Geer
Geer
Sanford Robinson
F. Augustus Heinze
A. P. Heinze
Robinson
Heinze
Sugar trial delayed yet again for Spitzer case
In United States District Court Judge Holt refused to postpone the trial of Oliver Spitzer former dock superintendent of the American Sugar Refining Company and six former weighers on alleged government short weight fraud charges. Counsel Lexow and Cochrane urged adjournment citing public sentiment and affidavits but were given one last chance to argue next Tuesday while being told to come prepared to proceed.
MENTIONED IN THIS ARTICLE
Holt
United States District Court
Oliver Spitzer
American Sugar Refining Company
Clarence Lexow
Henry Cochrane
Faxon
Spitzer
Mr. Laxow
Cochrane
H. L. Stimson
United States
Market Summary of Coffee Cotton and Grains June 17 1900
New York June 17 1900 report notes decline in near month coffee with steady to firmer late session, Brazil exports rising. cotton heavy liquidation then rebound with futures mixed, nearby months down 1 to 2 points, July rallied. spot markets mixed across Gulf and Southern centers with several bales traded. Wheat corn and oats show varied moves with wheat volatile on rain and demand, corn strong on July demand, oats firmer in the West and cash markets muted.
MENTIONED IN THIS ARTICLE
New York
Brazil
Havreting
Hamburg
Santos
Jundiahy
T&@Se
Rio No
Chicago
Liverpool
Lancashire
Gulf
Galveston
Mobile
Savannah
Norfolk
Lle
Baltimore
Ilac
Augusta
Ate
Liz
St Louis
Ile
Houston
Little Rock
Ilscrew
Memphis
New Orleans
Cotton Exchange
Manchester
New York Produce Exchange
Kansas
Minneapolis
Winnipeg
Missouri
Broomhall
Argentina
Duluth
Broomball
Ohio Valley
See
A .E
New York Country Produce Market Summary June 17 1908
Beans and peas firm for imported medium and pea varieties with steady to firm demand. Domestic marrow quiet with supplies ample. Red kidney firm with late business at high asks. Butter prices show weakness on creamery grades amid ample supply and cautious trade. Eggs remain steady to lower as supply grows. Cheese prices steady with weak demand and surplus stocks. Apples peaches cherries strawberries current markets mixed with high supplies and uneven demand. Hops outlook cautious due to Oregon crop reports and New York State backward progress. Hay and straw market easy with buyer-favorable grades. poultry trade remains slow with moderate dressed stock and firm overall tone.
MENTIONED IN THIS ARTICLE
New York
Bae Bois
Cnelce
California
Gsi
Biweer
Liverpool
Pennsylvania
North
South Carolina
Georgia
Florida
Staten Island
Hilton
Irvington
Lower Jersey
Delaware
Maryland
North Carolina
Delaware and Wise
North Carolin
Vsemelons
Oregon
New York State
Pacific Coast
Timothy
Reson
Long Island
York Barley Market Steadier Amid Mixed Prices
In New York and Chicago markets, barley and cereal futures showed mixed moves with steadier tones in York trading. Wheat and corn prices fluctuated, while metals and oils moved on London and local exchanges. provisions rose on limited receipts and firm demand from packers.
Fresh killed broilers and vegetables from Philadelphia market
Market notes show fresh killed broilers and ducks from Philadelphia with pricing per pair and per crate, including fowl bones and dry picked meat. A long fruit and vegetable listing follows with prices for potatoes, onions, asparagus, corn, cucumbers, tomatoes, and other produce by district, crate, basket, or per pound, reflecting abundant supply and fluctuating markets.
MENTIONED IN THIS ARTICLE
Broilers
Philadelphia
St. Seugnee
Gene
Pennsylvania
Isle de Chen Deligh
Timatoes
Bermuda
Maine
Jersey
Baltimore
Maryland
Norfolk
Pbl
North Carolina
Florida
South A. Dg
Georgia
Texas
New Orleans
Stic
Carrie
Orleans
North Carolics
Hubbard
Beef and Lamb Markets Show Steady Tones Across Regions
Receipts totalled 73 cars or 1248 head with 72 cars for slaughterers, prices steady for dressed beef though slow at 10 2 cents per pound for common to choice native sides. Calves receipts 372 head with direct to butchers and market lots, veals steady around 7 50 to 9 00. Sheep and lambs quiet with Jersey City and local markets steady, dressed mutton 92 cents per pound, lambs 13 14 cents. Hog receipts 11 cars totaling 4264 head, market feeling steady with bids around 82 per 100 pounds and several lots sold through the day.
MENTIONED IN THIS ARTICLE
New York
London
Liverpool
Sanders
Judi
Jersey City
McPherson & Co
Virginia
West Virginia
St Kerns Commission Company
Kentucky Lamba
Kentucky
Tobin & Shannon
Virginia Lambs
Virginia Ao
Oo Newton & Co
Judd & Co
Buffalo
Nsas
Texas
Pittsburg
Ailers
Sashs Strane
Cattle and Hogs Prices on Midwestern Markets
Market reports show steady to lower tones across cattle hogs and sheep with receipts varying by market. Prime steers around five dollars delivered, hogs mixed with heavies near seven dollars, and sheep plus lambs trading in the high teens to low twenties, with regional price dispersion and fluctuations noted.
European Produce Market Report from Liverpool
Liverpool markets show mixed signals with wheat futures easing, winter and Canadian produce steady, and flour patents strong. Beef cuts and lard values hold firm while fats, oils, and resins show quiet or steady trading amid broad commodity shifts.
Chicago Grain and Provisions Market Movement June 17
Wheat prices halted declines with a fair recovery as shorts bought. Corn oats and provisions closed strong with gains from nearby and deferred months. July wheat rose to near the day’s top amid bullish sentiment, while cash demand in the East remained active. Provisions stayed firm due to reduced hog receipts.
MENTIONED IN THIS ARTICLE
Chicago
Bec
Wsc
SiMe
Digc
Metropolitan Street Railway Bondholders Seek Relief
Edwin and Marston chair a committee of 4 percent refunding bondholders who warn that the company cannot earn interest on the bonds. They issue a circular blaming transfer obligations and franchise taxes for losses, saying fares are cut to three cents and taxes are too high, while overcapitalization is dismissed.
MENTIONED IN THIS ARTICLE
Edwin & Marston
Metropolitan Street Railway Company
Disa
Also Mentioned on This Page
Ividends Rising
Li& N
Consolidated House
American Securities Abroad
Amercan
Dominion
RON and Steel
Seseseseeeeere
Slotariz
SUES
Dominion Copper CO
MR. Vanderlip
Farmers’ Loan and Trust
Swartwout & Appenzellar
Pins Street
Coast Line RR
Gulf & Ship Is RR
Interborough Rts
Linaii
Interborough F. T
Jay
Kan City
R & Leo
Keystone T Co
Phillpc
Mch
Lackawanna Stee
L&&É&Msrr
Ee Louls & Nash
Wits
NYC Lines
Norfolk & Weertern
Penn RK
Public
Serv Corp Bopec
Rocky Mt & P
L& SF RR
L&sf RR
Southern R’y
Southern
Tidewater Co
Westingh BE & M Co
San Francisco
Julia Et Alpha
Belcher
Occidental
Bert & Belcher
Ophir
Ledonia
Poteet
Savage
Ollar
Reicher
Sierra Nevada
Cal & Ya
Imperial
Union
Crown Point
Utah
Gould & cCurrr
Hale & Noreroas
Huffala
Rochester
Denver
Rio
Twin City Rapid Transit
Baltimore & Ohio
Arsao
National Stockyards Inquiry
Col. Ruppert
ERIE
Heinze Employe Held
General Market Report
Hamhurst
Havre
Country Produce Markets
York
Yesters AG
Uss Uw
Cleveland
Northern
Fair Commission House
F. Y
Standard White
GOSAR
City
Calcutta
Kansas City
India
Sas
Lee
Middle Western
lItsc
South America
Continent
Platz
Japan
Patna
Java
Rangoon
Ant
S&s
Musecorads
Landon
Telegraph
I. Botchers
Arverscan
Chicago Grain and Provisions
Met
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