Copper Market and Steel Output Trends Report
The report surveys copper prices and dividends with Anaconda Company plans, noting possible rate cuts but potential gains if metal prices rise. It also reviews coal market demand, open orders, and rising output at anthracite mines, predicting continued heavy production through summer and July.
Denounced Loan Law by Jamasroom Levy Critics Demand Repeal
At the National Federation Remedial Loan Associations opening session in Bob McAlpin, A H Ham and the federation executive committee denounce the loan law. They say it creates centralized powers, permits high charges, weakens penalties, and allows unlicensed lenders. They urge repeal during the next session. Reports cite pictures illustrating the law’s alleged evils.
MENTIONED IN THIS ARTICLE
National Federation M
Bob McAlpin
A. H. Ham
Me Ham
Mr. Ham
Icans
Mark Syston
Norman Appeals to Federal Shareholders in Suit
Stacy Norman representing minority holders of the Federal Mining and Setting Company in a federal suit against Ameri Smelting and Refining. He asks shareholders to contribute stock to fund the action. The suit seeks an accounting of misapplied funds since 1900 and estimates annual and long term damages from the contract.
MENTIONED IN THIS ARTICLE
Norman
Stacy Norman
Western Mining Eng Wat Sto
Federal Mining and Setting
Ameri- Smelting and Refining Company
de Mpenses
Sir
Ghiiniders
Federal Mining and Seting Company
Ne Court of
New York
Dividend Declared by New York Ontario & Western
The New York Ontario and Western Railroad yesterday announced a dividend of 2 percent. The prior year’s distribution was skipped due to maleate and disturbances at the coal mines, which lowered stockholder balances. The company notes that before 1905 and since 1910 dividends were regularly paid to shareholders.
MENTIONED IN THIS ARTICLE
New York
Ontario & Western
Rait- Be Sempeng
Public Utility Notes on State Senate Route Amendment and Firm Profits
The Illinois State Senate adopts the home rule amendment to public utilities governing bodies over 200 population. Securities Corporation General reports investments and income of 100 318 with 54 224 surplus after initial tg per cent dividend paid April 25. Southwestern Utilities reports May gross 162 071 up 22 17 from 1912, net 887 806 for twelve months ending May 31, up t is over prior year. Pacific Gas and Electric issues April four months data with earnings and expenses. Trinidad Electric Transmission Railway and Gas Company, tied to Federal Power, closes contract to supply power to five northern New Mexico coal properties, enabling large regional lines. A new Bark Corporation public utilities securities company to be formed in Virginia with capitalization 1 000 to 10 000 000, will acquire large utility stock to fund preferred dividends and bolster common equity.
MENTIONED IN THIS ARTICLE
Bureau of Alatistics
Areal Iron and Steel Institute
Kessemer Steel
Coper
Anaconda Company
Udmore & Ohio
New Haven
New Tak Central
Kankar
Texas
Brookin Rapid Transit
Industria Fist
The
Securities Corporation General
Fivenl Corporation
Southwestern Utilities Corporation
TIS
Trinidad Electric Transmission Railway and Gas Company
Trinidad Electric Transmission ‘Railway and Gas Company
Federal Power Company
New York
New Mexico
St. Leia Rocky Mountain
Cifle Hallroad
Colorado
Trinidad
Public Utilities Securities Company
Bark Corporation
Wat Incorporated
Iaws
Sirsginia
Money and Exchange Market Rates and Bank Clearings
The money market shows easy rates with openings at two percent for sixty days and various rates for longer terms. Foreign exchange sat at easy levels with cable and short bill quotes. Domestic exchange lists par and premium figures for major cities, while the silver market and treasury actions are noted alongside bank clearing balances across several hubs.
MENTIONED IN THIS ARTICLE
Namie Foreign Exchange
Eas
France
Boston
Savannah
San Francisco
Charleston
New Orleans
St. Louis
London
Bub-Treasury
United States
Sub-Treasury
Cleary Ing House
Hank Clearing
New York
Funston
Philadelphia
Pittabures
Bt Laie
New York Bank Examiner Resigns Amid Reform Shakeup
Washington reports Edwin F. tore hock has resigned as National Bank Examiner in charge of the New York City district after being reassigned to special work. No successor will be appointed. Also noted is a Federal decree in the Oceanic Steam Navigation Titanic liability case, with potential vacancy of Inductions if no appeal within twenty days.
MENTIONED IN THIS ARTICLE
Washington
Edwin F. Tore Hock
National Bank
New York City
Titanic Liability Limited
Holt
Federal District Court
Oceanic Steam Navigation, Company
Ste Jiability
Ants
Mellor & Anderson
Wall Street Transactions and Dividend Declarations
Transactions on the Stock Exchange yesterday were the smallest in memory, about 400 shares sold. Dividends announced include American commodities company 14 percent on preferred, Stabword National Bank 3 percent, Fulton Truist 2.5 percent, and multiple other firms paying July or June record dates. The Pennsylvani a Railroad note and Union-Southern Arkansas context referenced. Henry Clews spoke to Stamford High School graduates.
MENTIONED IN THIS ARTICLE
Stock Exchange
Pennsylvante Railroad Company
Atenison
Topeka
Santa FA
Henry Clews
High School of
Stamford
Conn
eRmoneemenn
Frisco Receivers Go Home After City Conference
Frisco receivers for the 4 percent, Lavin and San Prane Tealirons, have left for St Louis after two days of talks with road bankers and East interests. Court officials declined to disclose results or confirm retrenchment plans. CH Hillard will stay as financial president, while T D Reed may be reassigned to St Louis. Prince Ponatowski, visiting from Paris, met with receivers to review conditions leading to the receivership, details of which were not disclosed.
MENTIONED IN THIS ARTICLE
de Anenen
Lavin & San Prane
Tealirons
St Lon
Winchell
Lberty
Come News Aid
BV Yoakam
Mr. Winchell
CH. Hillard
T. D. Heed
St Lovie
Prince Ponatowski
Pari
Government asks 8 million at once for deficits
Washington June 1 Government departments sought 8 million dollars in urgent appropriations. Secretary McAdoo asked Congress for emergency funds to cover deficiencies. The Interstate Commerce Commission requested 1 500 for railway valuation and 100 for flood relief costs. Additional asks covered Arlington Cemetery amphitheatre, new Industrial Relations Commission, Labor Department, and other federal needs.
MENTIONED IN THIS ARTICLE
Washington
McAdoo
Congress
Interstate Commerce Commission
War and Navy Departments
Arlington National Cemetery Memorial
Industrial Relations Commision
Department of Labor
Amantle Feesberg Patrol
Bureau of Domestic and Foreign Commerce
Hereda Arsenal
California
Civil Service Commission
Bond notes and bond proposals nationwide
City Auditor G Holmes of Salem Ohio will take proposals by noon June 26 for 25000 41 percent sanitary sewer bonds dated July 2 1919 due March 1 1929. J P Wild & Co Indianapolis awarded 24600 414 percent five and one half year highway bonds of Newport Ind. Bond Goodwin of Boston awarded 750 temporary loan to Watertown Mass. Radcliffe Independent School District seeks 28000 bonds dated July 1 1913 due July 1 1923. Caleb McKee Co Columbus awarded 10000 fire apparatus bonds for Niles Ohio.
MENTIONED IN THIS ARTICLE
J.P. Wild & Co
Indianapolis
Vie Axe
Newport
Vermillion County
Ind
Bond & Goodwin
Hoston
Watertown
Middlesex County
Mass
George Sampson
Radcliffe
Radcliffe Independent
Harding County
Caleb McKee & Co
Columbus
Niles
Srrumbull County
Ola
New York curb market mixed amid apathy and brief firmness
Nevada quotations show mixed activity with some issues firming then weakening. The feature Noeth Star opened at Me and moved to final trades, while Sim Beutler West End and Malifax attracted notable interest. Opah Extension and Nevada Hills transactions reflected cautious demand and price levels.
MENTIONED IN THIS ARTICLE
Ted Clear
T. Farce
Mateon
Ametic
Alan
Greene Cannnen
Braden Girous
Maxon Vale
Nevada
Malifax
Migpah
Midway
Opah
Ard
Nevada Hills
Stocks in Other Cities Market Tepid in Chicago Trade
Chicago June 1 There was stronger undertone for strictly local securities though dealings were light. Chicago Title and Trust rose about five points on small lots, Montgomery Ward gained one point cash, Union Carbide rose a couple, while American Can Sears Roebuck common and United States Steel fell about one point.
MENTIONED IN THIS ARTICLE
Chicago
New York
Montgomery Ward
Union
Rome
Sears Roebuck
United States Steel
Bergman & Co Petition Amid Brooklyn Creditors
In New York a cascade of petitions and receiverships unfolds against Bergman & Co and Isidor Miller firms in clothing and textile trades. Creditors include Archibald Metiride and HM Awl among many, with totals swelling into tens of thousands. Carmeliux W. Wickersham named receiver with authority to manage business and asset disposition.
MENTIONED IN THIS ARTICLE
Massachusetts
Bergman & CO
Samuel Engin & Co
West 1St Street
Charles A. Hexton
Archibald
Metiride
Hind
Carmeliux W. Wickersham
Oneinuy
Samuel Bergaran
Vemialan & Millier
Isidor Miller
Berkman & Miller
AG. Hyde
SXIS
Samuel Gordon
J. W. Goddard & Sank
Brooklyn
Murray Mitchell
Jamen Murrey Ahenelh
Michel & Co
Mexanier
Ani Lathrop Randolph
Ond Teoektard Melty Company
Appilen
Jons
Thompson John H
West Test
Rauman & Co
Hipron Crawford & Co
Borden
Field
Raiekert
Palrbanke
Bakley
Bieetrle Elshe
Samuel Abolom
Harry Welsherres
Charles B. Davia
Max Braye
Francis MH
Audley
Francie H. Audler
Buslnen
Nosttenere
Petitio Weteh Manditsteeis Menainal Amnets
Ehid
Wneaneetibie Joana
Hicemen Chine
Bik
Audley & Ah 1
Maine Ig Bh
Sen Holster Company
Maine Og Hsv
Lee Smo
Eee
Fae Ahsinens
Audiey
Caer ‘ Company
BONDE
Nat Mining
Waldemar
Nevada
Theodore le
Addie
J Mulley
Dion P
T Muldoons
Hank
Herbert
Albot
Seis
Hranigen
Thomas Jeelie
Harris MT
Siooney
Jogtun
The
Haven Mining
Haney
Laramie Tak
Witdhaag Reansation Co
Enc
Lowenberg
Dogar
Arar J
Dionwrrsesion
Nie
Maurice
Hatteryark National
Svew York
Daverse, Taule
American Hardware and Machinery Raper Cerpenet Draco
Wajam Re Moiinert
Decker, Mite and Hylventer
Adroiniatis
Rae
Este
Sivas
Merce
Iepsone
J. Laneburgt
Sark
New Yorks
H. Josephs
Hiteonut Chaeies
Harnett Tressman
Toint
Rachel—L. Schreiber
Jers
Pannie
C . Verh
Lae
Mabe Et
S. Laeenng
John Dot
Mehoanell
Joseph KE
Eid Mertna
F. Smune
A. Nicholeot
Coofi
Nevelson
Hawley and
Feather
Teorgo Feeve
Alfred Senna
Dudate We Sone
Ssimion
Jacobfiliman Company
Strickman
Echector, Maery and
Anni Spa
Setindiminierrator
Samal Sern
Leon Tent & Graft Company
Tartu
Timer
Iteney oSulabenger
Bone
Lian
Paole
Tiernhart
Wise
Max R
Legge Stiefel Company
Wattsibetta
GOF
Bursetiay” United
Baston ‘Trust Company of New York
Woodhouse
Yarconcalion Hww
Roberts ‘Cum White
Bdward Land Russell
Lee Lavyscount
Piaueron—Henry Contracting
Ameroan Drageist Syndicate
National Secret Service
Tne
SAH
Agrety Alnem Cool
Nawer
Kayd Ostella
Mom Ramberger Stern Co
Lanery Construction Co
Kimberly
Manhattan Paper Fox Co
Lacae Realty Co
Bendixal petition filed against Kendall Supply Company
A petition challenges Kendall Nallant Supply Company a wholesale dealer in wire goods at Sonintroadwas led by President Jorge AL Enel who died on June 10. The filing claims misused funds including $11,900 cash by May and seeks a bond to continue business. Details reference Standard Oil subsidiaries and a bank concerned with transfers and deposits.
MENTIONED IN THIS ARTICLE
RIN Srovants
Kendall Nallant Supply Company
Alin
Sonintroadwas
Jorge AL Enel
Thos Fremiars
Standard Oil
Gilbert Maint & Co
Recon National Bank of
Hy AN
Chey
New York
Pega” St
Penraon
Ynpany
Hoston
Ainse Jumuary
Atater Realty
Catte Font
Rene
Kean Bs Wulveats Amite
Delle Pals
Nebie Tee
K Hilard
NJM
Yincus
Jo Canriele J Mnell
Bland
Subaig
Naan & Incis
T Joe
Penmaam City
Waters-Ierce
Nail and Supply Company
Curb Echoes and Mining Stock Moves in New York
The Ojibway Mining Company reports December 1 1914 cash of 35586 and assets in excess of liabilities of 118825. Boston and Corbin Copper and Silver Mining Co May results show expenses 20225 concentrates 817975 and a 2828 deficit. Tonopah Extension May ore 5008 tons treated value 63200. New York Curb Market approves Goldfield Consolidated Mines share issuance. curb lowers commission on stocks under 1 a share to 2 percent. other rates unchanged.
MENTIONED IN THIS ARTICLE
Ojibway Mining Company
Boston and Corbin [Copper and Silver Mining Company
New York
Goldfield Consolidated Mines Company
Curb Association
Eel
Orient Road Sale Delayed By Federal Judge
Kansas City news reports a decree in final receivership delaying the sale of Kansas City, Mexico & Orient Railway properties. Judge Pollock postponed the sale until Monday following a request for intervention from receivers and bondholders.
MENTIONED IN THIS ARTICLE
Orient Road
Kansas City
Kansas City, Mexico & Orient Railway
Pollock
Crop markets see declines as weather and demand shift
Favorable weather and harvest reports dampened wheat gains with a 1 1/4 to 2 1/2 cent loss. Corn fell about a half to one cent as bulls expect lower prices to clear sold out interests. Oats rose early then eased to a near unchanged close. Coffee trading weakened as European gains faded and local demand stayed soft, leaving prices down in a sluggish session. Potatoes and general demand remained inactive in the market.
MENTIONED IN THIS ARTICLE
New
Toca
Seta
North Dakota
Siinnesota
CDTCN
Joen
Interesiay Sr
Aise
Harding
Barker
Taney
Searley Steady
Europe
Also Mentioned on This Page
Gi Nts Office
Coal Trade Journal
AH Ham
Federation
Cash
Hestorean
Edward Millitan
Public Utility Notes
Ilinois
Pacific Gas and Electric Company
Money and Exchange
N.Y. Bank Examiner
Effingham Lawrence
Broadway
Ste
Us Choe
Ninth Ave
North Penn
Northw
Nor & Woon
Port
Old Colony
Connover
Oswego
Ny & Lee Pac & At T
Pat Eh Rolle Py
Ft & Ka
Bmg
Dayton
FW & J
Franklin i
Sharon
Sith
Hereford
Kareem Ce B
Kcrlac
Miami
Dé Bio
Coal
Items OF
Wall Street
Chierican Tocomoties Company
Stabword National Bank
Jen Fulton Trvist Company
Kolb Bakery Company
Serial
Merchants’ National Bank
Obie Furl Supply Company
Proerdh
Onuiria & Weatern & Company
Dune i Vutlic Service Corporation
New Deta Femline
Pavane Jien
Rees Impany
Rational
Toterstite Eaitvarn Company
Dune A
Harassas and Mtecteie Company
Hume
Eneivenna Steamanip Company
Millona
National Bank of Commeret
Old Dominion Steanehin Company
Super
Visio Wen Railwaye Company
Secamon
Gayette
Dune
Wen End Street
Jly Me Hete Rubber Company
Stork
Westenester Tenet Company
Seider & Gamble
Peretie Sn
Joun C Calhoun Jr
New York Cotton Exchange
Frisco
CURB
Pen & Be Industrials. Na
Weis Bees
ACO
Atrant
New Yor
Tataces
Havana
Houston
Manhattan
Marcon
Pisias
Stextea
Standart Club
MT Roauers
Florence
Mont
Kerr Lake
la Howe
Meson Valley
Stewart Fenapan
Tonopah Mining
Wettlaufer
Ann
Tononay Minthe
Tonopan
Tonopan Belmont
Blue Bell
Tamondneld Daley
Hamandfield
Hutte
Goldteds
Bandaior
Paleview
Vitisburen
Silver Peake
Mintog
Dexter
Manhattan Big Fours
Baltimore
Menara
Vineaivert
Hattimere
Pittsburgh
Nat Progrort
William W. Cohen
Bwitt & Co
Charles Head & Cx
Awe
Ave
Moston Land
Asce Lal Ana
Geo
Peat
Et Tite
Mane
CIA
Rotary
Mergen Linn
Wong
Renee
S. Ne
Yvan Ee York
Toronto
Marie Fhompeon & Co
Walt Lake
Trethewus
Wettlay
Priey
Lake Au
Peart
Healeter
Panama
York
Chase
Fort Wee
Seaboard
Artice
Santor
Dee Muse
Alex
Akwlasl
Spa
Bain
Nis
Tom
Alto de
Niger
Macon
Eam
Mothanes
Hee
Family
Porc
Mess
Speltar Cork
Hors
General Mars
Tonopah Extension
Miami Copper Company
Raymond, Starr & CO
New York Stock Exchange Telephone
Broadway, N. Y
Prine
Allike Meine
Matis
Timothy Pring