Dividends Rise as Rails and Industry Boost Payouts
Dividend announcements show Louisville and Nashville Railroad and an industrial company lifting rates to 6 percent formerly 3. Crucible Steel declares 1% quarterly on preferred, Canadian Consolidated Rubber pays 1% on common and 1 1/2% on preferred, with records June 18 and July 2 respectively. US Rubber group notes control stakes and sustained initial common dividend.
MENTIONED IN THIS ARTICLE
Louisville & Nashville Og
Crucibie Steel Company
Vesy
Gauss
Dominion of Canada
Canadian Rubber Compans
Montreal
Berlin
Merchants
Maple Leaf
Granby
Receiver Appointed for W. B. Smith & Co in Bankruptcy Case
Garrard Glenn named receiver by Judge Hand in the U S District Court for W B Smith Co. The bond set at 5990. Creditors Frost Anderson and Graham filed the involuntary petition. Assets include 14442 67 cash across 36 banks and a Chicago Board of Trade seat worth about 3000. Claims allege large stock and security pledges held by firm owners.
MENTIONED IN THIS ARTICLE
Garrard Glenn
Broadway
Hand
United States District Court
W. B Smith &c
Consolidated Stock Exchange Frm
Harry Frost
Harry Anderson
Archibald Graham
Consolidated Exchange Trier
W. B. Smith
William H. Osborne
Gienn Mid
Chicago Board of Trade
Foreign trading and market updates on copper and stocks
The report notes heavy selling in London and New York as options mature. Copper prices fall on the local exchange while mining stocks show weakness. Dividends declared by multiple banks and trusts are listed. New directors win at Quicksilver Mining. NYSE members Felix m and Rector Fox elected. Buenos Aires gold shipment planned. Armour & Co real estate bonds admitted to quotation.
MENTIONED IN THIS ARTICLE
Lake Wat
Quicksilver
Quicksilver Mining Pany
Gustave Frank
Joseph L. Lilienthal
Charles A. Nones
Remenburg
Charles Stern
Harry H. Starer
Alfred H. Swayne
A. D. Sikes
Carlton M
Morris S. Trenaine
Albert Fries
Fu Ind Stock Exchange
Felix m
Rector K. Fox
New York Stock Exchange
Argentina
National Bank
Buenos Ayres
Armour & Co
Stock Exchange
American Securities Abroad Market Update
Lando June 1 4 p m The market for American securities abroad was weak especially copper issues pressured by heavy selling on the Paris Bourse. Call money at 6 percent open market discount 243 3 per cent long bills Paris London rates among others. British consols and French francs bid quotes shown.
MENTIONED IN THIS ARTICLE
Lando
Paris
Legis
Berlin
London
France
Penace Year Results Reported by Dominion Iron and Steel
The Dominion Iron and Steel Company reports a pentace year ended May 31 1999 with changes totaling 2 225 535 dollars. Comparison to the previous year is provided in the summary figures.
MENTIONED IN THIS ARTICLE
Dominion Iron and Steel Company
Policyholder Sues Washington Life Over Reserves
S Herbert Wolfe, actuary for state insurance departments, sues Washington Life Insurance Company in the Supreme Court seeking the legal reserve on his policies. He alleges breach of contract in transferring assets to Pittsburg Life. Justice Greenbaum overruled a demurrer, saying a breach exists regardless of security. Wolfe was 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 Seeks to Void Vancouver Auction
The protective committee of Dominion Copper Co says its counsel is examining the June 4 Vancouver auction sale where Hayden Untermyer committee bid in the property. It notes limited stockholder notice and representation at the sale but indicates plans to seek a re sale with possible outside banking support.
MENTIONED IN THIS ARTICLE
The
Dominion Copper Company
Vancouver
Hayden- Untermyer
Hayden-Untermyer Committee
Protective Committee
Heavy Demand for Steel Rails This Week
Steel markets show strong demand with over 250000 tons ordered this week. United States Steel Corp reports 2106.4 tons destined for Harriman lines and Missouri Pacific, plus independent mills securing large Rails orders. Trade expects weekly totals to exceed 300000 tons worth about $9000 thousand, with more gains in bars shapes and plates anticipated.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Harriman Lines
Missouri Pacific
Independent Steel Companies
Produce Exchange Organizes Standing Committees
The Produce Exchange board of managers, meeting yesterday, appointed chairmen for the principal committees. Finance chairman E. R. Carhart. room and fixtures Lyndon Arnold. law E. C. Rice. floor Charles W. Bowring. house George W. Gardiner.
MENTIONED IN THIS ARTICLE
The
Produce Exchange
E. R. Carhart
Lyndon Arnold
Law
E. C. Rice
Charles W. Bowring
George W. Gardiner
Southern Railway Progress Brings New Service to South
Traffic on the Southern Railway shows clear improvement over last year with higher earnings and expanded schedules. A new Birmingham Atlanta service debuted on Wednesday and a Memphis special begins tomorrow at 9:25 p.m. from New York, arriving Memphis at 7:30 a.m. two days later, cutting six hours from the trip using available boat 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 clerical staff and officers and their wives at Scarborough Saturday. A special train will bring guests to and from Scarborough for vaudeville games and supper on the lawn.
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. They also named Robert E. Boyd an assistant secretary and registrar Horace F. Howland as Fifth Avenue branch manager and assistant secretary. Herbert Wellington and H. D. Sammis were chosen as assistant cashiers. Other officers were re elected.
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
Optimist Morse plans bail and new trial after Tombs stay
Charles W. Morse and his son Harry visited his lawyers and the district attorney on a hopeful day. He expects bail, a new trial, and aims to rebuild his business after returning from a country retreat. Mrs. Morse supported him and planned their next move and charity.
MENTIONED IN THIS ARTICLE
Charles W. Morsé
Harry
Fifth Avenue
Martin W. Littleton
Rector Street
Gifford, Hobbs & Beard
Criminal Courts
General Sessions Court
Warren W. Foster
Morse
Jerome
Mr. Morse
Mrs. Morse
National stockyards inquiry opens behind closed doors
An official investigation into charges against the government meat inspection system at the National Stockyards in East St. Louis began today. The panel, selected by Secretary Wilson and led by Dr. A. D. Melvin, plans to hear witnesses named by former inspector J. F. Harms who withdrew from the case. The hearings will be private with daily stenographic summaries provided to Harms. The panel continues its inquiry.
MENTIONED IN THIS ARTICLE
East St. Louis
Ill
Wilson
A. D. Melvin
Bureau of Animal Industry
J. F. Harms
Ruppert Opens Large New Bottling Plant
Colonel Jacob Ruppert hosted 3500 guests at the opening of a new bottling plant added to the brewery on 9th Street and Third Avenue. Visitors saw machines that produce 375000 bottles daily, with tours and entertainment including a brass band and a grand spread on the top floor.
MENTIONED IN THIS ARTICLE
Jacob Ruppert
9Th Street
Third Avenue
Colonel Ruppert
Erie Wins Case Before P S C On Interstate Train Service
Albany June 17 A decision by the Public Service Commission defines its stance on train service to Rockland County commuters. The Erie Railroad Company argued restricted Bergen tunnel capacity limits increases in trains. Commissioner Decker ruled the commission lacks jurisdiction over interstate traffic, which falls under federal authority. He notes that restrictive policies reduce service in a major metropolitan area and can lead to inadequate service.
MENTIONED IN THIS ARTICLE
Albany
Public Service Commission
Railroad Improvement Association
Nyack
Erie Railroad Company
Rockland County
New York City
Erle Railroad Company
Bergen Tunnel
Decker
New York State
New Jersey
City of
New York
Heinze Employee Indicted in Book Removal Case
Calvin O Geer an employee of Heinze corporate unit faced arraignment with charges of removing company books and interfering with justice. He pleaded not guilty and posted 1500 bail for Wednesday appearance. Sanford Robinson and A P Heinze expected to plead the same charges as indictments widen. Final pleas or demurrers planned for all indicted in the case.
MENTIONED IN THIS ARTICLE
United Copper Company
Heinze Corporation
Hough
Calvin O. Geer
Sanford Robinson
F. Augustus Heinze
A. P. Heinze
Robinson
Heinze
Sugar Trial Postponement Sought by A S R Officials
In United States District Court Judge Holt refused to postpone the trial of Oliver Spitzer former dock superintendent and six American Sugar Refining Co weighers on alleged short weight frauds. Counsel Lexow and Cochrane asked for more time next Tuesday urging public sentiment and company circulars as evidence. Some clients have faced multiple delays with the government signaling readiness to proceed.
MENTIONED IN THIS ARTICLE
Holt
United States District Court
Oliver Spitzer
American Sugar Refining Company
Clarence Lexow
Henry Cochrane
Faxon
Spitzer
H. L. Stimson
United States
New York June 17 1909 Coffee and Cotton Markets Report
Coffee markets show near month premiums easing with June off 15 points and July to September down up to 5 points as Brazil July receipts rise and Sao Paulo crop marketing constrains exports. Cotton sees heavy liquidation by Chicago-linked houses, with a sharp midday break then a rebound, futures steady near yesterday's close as pending Lancashire spinner meet progress. Spot markets vary by region with Rio and Santos firm, Havre and Hamburg flat, and ranges in New York futures across multiple contracts.
MENTIONED IN THIS ARTICLE
New York
Brazil
Havre
Hamburg
Rio
Santos
Jundiahy
Sao Paulo
Rio No
Pruurty Oon Swee
Conbares Havre
Chicago
Liverpool
Lancashire
Bull
Beans and Peas and Market Notes in New York 1909
New York June 7 1909 Beans and peas show no domestic receipts and imports include 1123 bags from Naples. Dry foreign marrow and pea markets firm with most buyers asking higher, while some grades show quiet activity. Butter and cheese prices mixed as receipts rise. eggs remain steady to weak with soft demand. Fresh fruits and vegetables show mixed demand with strawberries selling well and pineapples in excess supply. hops, hay, straw, and poultry markets reflect cautious trade amid variable supplies.
MENTIONED IN THIS ARTICLE
New York
Naples
California
Tlc
Liverpool
Pennsylvania
North
South Carolina
Georgia
Florida
Staten Island
Quart Hilton
Irvington
Upper
Lower
Jersey
Delaware
Maryland
North Carolina
Oregon
New York State
State
Ladc
Do Bo
Long Island
Broilers
Philadelphia
Western
Lots
Bermuda
Maine
Virginia
Mic
Carolina
Okra
Peas Jersey
Marvian
Baltimore
Zoeger
Hs Pets Canada
Barley Market Steady in New York and Chicago Prices
New York and Chicago price reports show mixed wheat and corn futures with slight gains and losses. Metals and oils moved on London and local markets while provisions rose on tight supplies. cottonseed oil and molasses stayed steady amid seasonal demand.
Livestock Market Report from New York June 17 1908
Livestock market notes receipts for beef cattle calves sheep and hogs with price ranges and market tone. Beef cattle and dressed beef slow steady while veals and buttermilk values appear across several firms. Sheep and lamb receipts in Jersey City and markets show steady or slightly higher lambs with varied prices. Hog receipts light with steady to firm tone and specific sales figures from Sanders Judd Kerns Newton & Co Tobin & Shannon.
MENTIONED IN THIS ARTICLE
New York
London
Liverpool
Sanders
Judge Co
Jersey City
McPherson & Co
Virginia
West Virginia
M Kerns
Commission Company
Kentucky Lambs
Kentucky
Tobin & Shannon
Virginia Lambs
Newton & Co
S. Sanders
S Judd & Co
Cattle and Hogs Mixed in Market Reports Across Cities
Telegraph market notes from Chicago Buffalo Pittsburg and Texas June 17 show cattle receipts steady with varied prices for steers cows and calves. Hog prices steady to higher with buyers strong on best grades and slower on others. Sheep and lamb markets largely steady with mixed demand and firm to soft prices across regions.
MENTIONED IN THIS ARTICLE
Buffalo
Jan
Southern
Weariines
Texas
Pittsburg
Heavy Co
European Produce Market Tun 17-Closing Mix of futures
European produce market notes spot wheat with July and December futures quiet and mixed. Canadian peas steady. winter patents strong. hops and barley markets show mixed activity. Beef and bacon items steady to strong with several cuts highlighted. lard and tallow steady. petroleum and linseed oil futures quiet.
MENTIONED IN THIS ARTICLE
Galveston
Lordon
Pacific Coast
Western
Cumberland
Chicago Grain and Provisions Market Report
Chicago June 1 The wheat market halted its decline and recovered with buying by shorts. Oats and provisions closed strong as nervousness and price fluctuations persisted. July delivery led the rally, closing near the day’s high with a gain, while corn and hog provisions rose on lower hog receipts at Western packing centers.
MENTIONED IN THIS ARTICLE
Chicago
Qats
Bondholders Call Out Metropolitan Street Railway Circular
The Edwin S Marston led committee for holders of 4 per cent? refunding 1 year bonds says the company cannot earn interest on either 4 or percent bonds. It urges public authorities to ease transfer obligations and franchise taxes, warning bondholders may have to sell if relief is not found. Transfers have dropped fares to three cents and taxes are proposed to be double. The committee blames transfers and taxes, not overcapitalization.
MENTIONED IN THIS ARTICLE
Edwin S Marston
Also Mentioned on This Page
Li& N
W. B. Smith & CO
Consolidated House
Rio Tintos
Bank of England
Library Bureau
Phenix National Bank
Lawyers’ Mortgage Company
City Trust Company
Columbia Bank
Mercantile Trust Company
American Coal Prod- Bete Company
Patron Trust Company
American Securities Abroad
Lamdon
Dominionron and Steel
SUES
Dominion Copper CO
MR. Vanderlip
Farmers’ Loan and Trust
Swartwout & Appenzellar
Pine Street
Ad Coast Line
Rgpec
Ccc&s&ilrripe
del & Hud
Gulf & Ship Is RR
Interboroughn RT
Interborough PF. T
Kan City
BR & le
Keystone T Co
Phil Paneehi
Liga Lackawanna Stee
L&s
Louis & Nash Rrs
Minn & St LR
NYC& Hrars Pc
Bas NY
Aso Southern Ry
Southern R'y
Aspe
Tidewater Co
Westingh B & M CoGpe
Francisco
San Francisco
Julia of
Alpha
Belcher
Occidental Con
Best & Belcher
Ophir
Caledonia
Potoel
Iz Savage
Sierra Nevada
Cal & Vat
Imperial
Eesse & Pittsburg
Rochester
Grande Denver & Rio
Twin City
Baltimore & Ohio
Nate
National Stockyards Inquiry
Col. Ruppert
ERIE
Heinze Employe Held
Rio Steel
General Market Report
Yoo
Mobile
Savannah
Norfolk
Augusta
Tle
Plis
Lie
Orleans
Cotton Exchange
Manchester
Kansas
Southwest
Price
Missouri
Broomhaill
Minneapolis
Duluth
Broomhall
Ohio Valley
Gliese
Country Produce Markets
York
BEY
Cleveland
Northern
New York Produce Exchange
New
Fair Commission House
Gobrange
City
Calcutta
Kansas City
Naha
Japan
Java
Rangoon
Fife
Imamond
S.ee Neo
Telegraph
Chicago Grain and Provisions
Met
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