Reorganization Plans to Protect Bondholders for Upstate Lines
A New Jersey based International Traction Company seeks a reorganization to extend and fund extensions and betterments of rail lines around Buffalo and nearby towns. A committee, including J P Morgen, Menken Griscom, and Francis Gretson, aims to safeguard collateral trust bonds and manage foreclosures if defaults occur. The plan offers bondholders refunding bonds or cash or new bonds with specified terms.
MENTIONED IN THIS ARTICLE
Sone
International Traction Com
Ngobert I. Frier
Thomas de Wittewis
Cass Ledyard
Thomas E. Got
Charles Steele
J. P. Morgen & ‘ Ass Gepositary
Philbin
Menken
Buffalo
Jon
Fuliers
Je O Company
Peter St
Gilec Ac
Igositing
Dryden Publishes Book on Life Insurance and Papers
Sr. Dryden president of Pryden Insurance Co Newark releases a book titled Life Insurance and Papers surveying inception, practice, and benefits of modern policies. He argues that group or monthly payments safeguard families better than lump sums and notes regulatory impacts on commerce. The work includes addresses and tributes to Alexander Hamilton and is available in New York libraries.
MENTIONED IN THIS ARTICLE
Sr. Dryden
Pryden Insurance Company
Newark
United States
Peibeere
Meri
le Fies
Dryden
Tesinns
Alexander Ham- Be
York
Unclear historical note with mixed figures and names
Fragmentary text lists percentages and codes alongside scattered names such as Kennedy Con and Sierra Nevada. The legible elements resemble a mislabeled stock or mining report with references to unions, obser ved firms, and geographic hints but no coherent event or outcome.
Parsons resigns from American Sugar Board amid leadership shuffle
John E. Parsons retires as general counsel after years with the company and serving as director. Charles H. Allen is named treasurer and Arthur Donner steps from treasurer to director while Arthur Adams takes vice president duties in Boston. Rumors of Secretary Charles R. Heike resigning were denied. Heike faces a fraud conspiracy case.
MENTIONED IN THIS ARTICLE
Parsons
Charles H. Allen
The
Guaranty Trust Company
Navy
Porto Rico
New Jersey Corporation
Arthur Donner
Donner
Boston
Philadelphia
New Orleans
Arthur Adams
Old Colony Trust Company
James M. Beck
Feneral
Charles R. Heike
Graft Charges Filed Against Blue Island Car and Equipment
Illinois Central sues in Chicago to appoint a receiver for the Blue Island Car and Equipment Company alleging graft. Judge Windes names Chicago Title and Trust as receiver. Defendants include J. E. Baker William Renshaw O S Keith J M Taylor H C Ostermann and F H Niles with assets claimed insufficient to cover a 600000 debt.
MENTIONED IN THIS ARTICLE
Chicago
Illinois Central Railroad Company
Blue Island Car and Equipment Company
Windes
Chicago Title and Trust Company
J. E. Baker
William Renshaw
O. S. Keith
J. M. Taylor
Ilinois Central
H. C. Ostermann
F. H. Niles
Blue Island Car
Blue Island Rolling Mill and Car Company
Finois Central
Sale of 22.5 Million in New York Central Equipment Trust
J P Morgan Co First National Bank and National City Bank offer 22.5 million of 4 1/2 percent gold certificates tied to New York Central lines equipment trust of 1910. Certificates are joint obligation of several railroads and payable in gold. issued up to 90 percent of actual equipment cost. Maturing at 1500 dollars per year starting January 1 next, offered near 45 percent net. much already sold.
MENTIONED IN THIS ARTICLE
J. P. Morgan & Co
First National Bank
The
National City Bank
New York Central Lines Equipment Trust
New York Central
Hudson River Railroad
Lake Shore &Michigan Southern Railway
Michigan Central Railroad
Cleveland, Cincinnati, Chicago &St. Louis Railway
Chicago, Indiana & Southern
Weather boosts crops nationwide in latest Agriculture Bureau bulletin
The national weekly weather bulletin says the past week provided the best weather of the season for farmers. It notes much needed sunshine and warmth aiding corn and winter wheat regions and rapid progress toward normal conditions.
MENTIONED IN THIS ARTICLE
Washington
National Weekly Weather Bulletin
Department of Agriculture
Street Topics and Dividend Declarations Across Firms
The report notes moderate foreign trading volume with about 10 000 shares traded. Dividends announced include Kansas City Southern Railway 1 percent on preferred, Chicago City Railway 2.4 percent, Bank of the Manhattan Company semi annual 6 percent, Trust Company of America 2.3 percent, United States Smelting 1 percent on common and 1.5 on preferred, International Nickel 2.5 percent on common and 11 2 percent on preferred, among others. J A Patten leaves the Railway Steel Spring board. Kean Van Cortlandt dissolves to Kean Taylor & Co. Phenix National Bank declares 4 percent semi annual dividend. New Nickel Company stock to share in common dividend. Henry Critten appointed manager.
MENTIONED IN THIS ARTICLE
Tional Traction Company
New Jersey
Buffalo
Niagara “Falls
Lock
Tonawanda
Lancester
Eectric Railway
Falls
International Traction
Penney
Mitten
Ammittee
G. Louis
New York
Ex&m
Kean. van Cortlandt &Co
Kansas City Southern Railway Company
Paradle
Chicago City Railway Company
Consolidated Car Heating Company
Bank of the Manhattan Company
Trust Company of America
Hanover National Bank
Distillers’ Securities Corporation
Distiling Company of America
Tri-City Railway and Light Company
la Rose Consolidated Mines Company
Mutual Gas Light Company
Corn Products Company
Anaconda Copper Mining Company
American Telephone and Telegraph Company
Hudson Realty Company
James A. Patten
J. & French
Railway Steel Spring Company
Ilinois Brick Company
James A. Patten, Kean, van Cortlandt & CO
Kean, van Cortlandt
Ferican Hide and Leather
American Hide and Leather Company
Ee Tnere
International Nickel Company
Cs J&ex
Empire Steel & Iron
Empire Steel & Iron Pe
Hall Signal
Herring—Hall
Marvin
Intérnational Nickel
So International Nickel
International Nickel Rts
Oy International
International
Kirby. Lumbér
Kirby. Lumber
Kinge Go
Nat Ca&h
Register
Niles-Bement
Rexall
M&ex
Royal
Og Safety
A & Li. &Exx
AEO
Texas Company QM
Texas & Pacific & Scrip
Trenton Potteries
J&i
Virginian Railw
Pacific
West Power
Money Market and Exchange Rates Shifts in Financial Markets
Money on call opened at 2 percent with slight activity and higher demand lifting rates. Foreign exchange opened weak, then steadied, with cables, demand sterling and short francs and reichsmarks quoted at various levels. bankers posted rates shown. Domestic exchanges listed for New York, Chicago, Baltimore and others with notable balances. silver and gold markets cited alongside government receipts and fiscal year figures. Sub-Treasury shows debtor position to Clearing House.
MENTIONED IN THIS ARTICLE
Mercantile
Aiight
BESS
Paris
Berlin
Pseaten
Germany
Refehsmar
Belgium
Switzerland
Francs - Holland
Boston
Chicago
San Francisco
Sight Sc
Telegraph
New Orleans
Charleston
St. Louis
Minneapolis
Savannah
New York
Baltimore
Philadelphia
London
Madrid
Lisbon
Tate
Sub-Treasury
Clearing House
Bers
Norfolk
Asics
Carolina
Salita
Bush
Eastern Shore
Texas
Bermuda
Jersey
Delaware
Marylands
Florida
California
Southern
Virginia
London and Paris Markets Report Drift as Stock Prices Ease
June 21 market summary shows consuls and money rates easing while Canadian Pacific gains offset by a generally soft close on the London Stock Exchange. Paris Bourse displays strength with three percent rents lower. Berlin notes dull trading but higher American shares as the week closes.
MENTIONED IN THIS ARTICLE
London
Anaconda
Canadian Pacific
Grand Trunk
Stock Exchange
Paris
Wall Street
Berlin
Paris Exchange
Berlin Exchange
Miding Gulf
Liverpool
Havre
Hamburg
Brazil Rio
Santos
Brazil
Rio No7
Europe
State
Pennsylvania
Chesapeake & Ohio Earnings Report June 1916
Earnings figures show Chesapeake and Ohio railroad revenue for June at 584 197 dollars with various month comparisons. The data includes payables and totals around 25 to 46 million in unspecified units, reflecting periodic financial performance in 1916.
MENTIONED IN THIS ARTICLE
Chesapeake &Ghid
Grain market soars on hot weather and crop fears in 1910 report
New York June 21 1910 grain markets rebounded sharply as dry hot weather and crop deterioration rumors spurred price gains. Wheat led with 2% 3% gains with Northwest strength. corn and oats followed with solid advances and firm cash markets across No 2 red No 2 corn and cash oats.
MENTIONED IN THIS ARTICLE
New York
Northwest
Liverpool
Hght
Australia
India
Fragmented Historic Market Column With Mining Stock List
A garbled June market snippet lists numerous mining and utility stocks with fractional prices and yields. Firms named include Osceola Mine, Parrot Mine, Mohawk Mine, Tamarack Mine, Granby, U S Smelters, Centennial Mine, and Butte-area entities with percent values and odd symbols indicating trades or quotations.
MENTIONED IN THIS ARTICLE
Best & Atb
Boston
Fitchb
U S
Commodity Prices and Elevator Listing Highlights
A dated pricing snippet shows grain and livestock quotes including wheat at No 2 near 105 percent, oats around 6943 pounds, cotton middling at 1530, coffee Rio No 7 at 8 1/2, sugar granulated 5 15, and lard around 1255. Elevators list domestic basis and various meat and fat products with nominal figures.
MENTIONED IN THIS ARTICLE
Rio
Mid West
Livestock Market Report Shows Mixed Cattle Calves Sheep
Receipts heavy across beef cattle calves and sheep with varied demand. Beef cattle steady with dressed meats mid single digits. calves weak with city dressed values down. Sheep and lambs slow, prices generally lower. hogs remain firm on Buffalo and Western cues.
Cattle and hog prices for Chicago Kansas City and Buffalo markets
Cattle receipts in Chicago show dull demand with steers around 625 to 535, cows 425 to 575, calves up to 975. Hogs rise slightly with heavy near 9.60 to 9.70, mixed and butcher goods near 9.50 to 10.25. Sheep and lambs steady to lower. Buffalo quotes steady with prime steers 8.25 to 8.50 and veals slow.
MENTIONED IN THIS ARTICLE
Young
Western Brothers
Longland
Pennsylvania
Severn
Southwestern
Long Island
Jersey
Mississippi
Texas
Tong Island
Baltimore
Eastern Shore
Sin
Norfolk
New York
Newton & Co
T$ Kentuck
Virginia
Kentucky
Kerns Commission Company
Tobin& Shannon
McPherson & Co
H. H. Hollis
S. Sanders
Chicago
Kansas City
Buffalo
Cincinnati
Drouth Threat SparksRecord Wheat Rally in Chicago
Chicago grain market alerts show 100 to 110 degree heat and dust obscuring the northwest wheat belt. Prices surged as commissions flooded with stop orders and short covers, while corn and oats rose modestly and provisions moved mixed.
MENTIONED IN THIS ARTICLE
Chicago
Boston Wool Market Report Echoes Slow Demand
Boston market shows listless activity with few purchases by local dealers and limited Westward buying. Prices vary by region with limited demand for raw material and some sales of Michigan blood lines. foreign product remains in fair demand.
MENTIONED IN THIS ARTICLE
Boston
West
Michigan
Ohio
Pennsylvania
Delaine
Wisconsin
New York
Kentucky
Indiana
Missouri
Texas
California
Middle County
Oregon
Foreign Markets Report Notes Flat Wheat and Mixed Corn Prices
Liverpool and London market items show spot wheat dull with no Uly stock and firm futures. Corn remains quiet with old American mixed goods, while other commodities including lard, cheese, turpentine, rosin, and petroleum report varied price levels across regions.
MENTIONED IN THIS ARTICLE
Savannah
Liverpool
Galveston
Inter
London
Paifie Coast
India
Lonian
Calcutta
Antwerp
Jude
Also Mentioned on This Page
Ean
Aration Company
Upstate
Prudential Life
Rancisco Mining
Kennedy
Sverman
Sevinge
Ming
John E. Parsons
American Sugar Board
C.H. Allen
I. C
Blue Island Car Company
Cates
N. Y. C. Equipment Trust
Taylor, Auchincloss & Joost
Morristown
N. J
Money and Exchange
BANK
Clinton Gilbert
Noi
Wal Street
America
Exch
Jefferson
Audubern N. Mo
Biberty
Etna Nat
Bronx
Chelsea
B.A
Commerce
County
19Th
Ward
Columbia
Cern
Nor
East River
Park Aveee
BOS
Fidelity
People's Aps
Phenix
Plaza
Fifth Am
Sherman Sas
14Th Street
Gallatin
Seaboard
Garfield
German-Am
A 12Th Ward
Germania
Atham Mat
Union Exch
Greenwich
Wash Hts
Hanover
West Side
Imp & Tr
Yorkville
New
Citon Gilbert
Alance Ry
Law T
T Ani Surety
Lincoln
Astor
Bankers
Manhattan Siti
B&m Gee
Broadway
Metropolitan
Brooklyn
Mtge. Bond
Carnes
Mutwal
jMut Alliance
Central
Nassau, Meee
Nat Burely
Cc Uy
Empire R
Queens
Equitable
Wis
Ficiity
Guarant
Union Tre
Guardian
UN States
Hamilton
Vc Ss S Cas
USM & T
Home Trust
Ttc
Kings Co
Wa&bten
Law
Curtis & Sanger
Booth Fisher
Edison
Illinois
Swift
Sears Bees
United
Incom
Seaboard Co Ae
Porreville & Nashville
Havana Electric
S of Montreal Street Railway
Owen
Lara
General Market Report
Kansas
Middle West
South America
Continent
Wu Talmage
Talmage
Sarleston
Cuba
Muscovado
Qope
East St Loms
St Louis
Cleveland
Northern
Elecae
Philadelpha
American
Country Produce Markets
Lima
Secor
Tules
Moorpark
Ila
Georgia
South Carolina
Staten Island
Hilton
Irvington
Upriver
New York State
Pacifice Coast
Gaerne
Edward
Smith& Co
Pine Street
Albl& W
An.& Law of Allegk & W
Ns Manhattan
Ins Am.t & C
I Massaw
At&c A L
H& SH
Ize Aug & Saw
Mobile & P* Pf
It Ag&mm
Stk T Cfs
Morris
Bosts& Low
Nash
Nash & Low
Tas Lan N
Eee
NY & H
C&p
Canada
C. Crosstown
CPN & ER
North Tn
Chat & G
North
North Penn
Eschield & M
Ewes & S
Clev& Pitts
Pac & At T
Am “Do
Pat & H R
Colx
Pat & Ram
Cone E M
Penig Vaney
Peo & BR
Phila
P_R
Tao Pb&le
Conn River
Ry & Lh
Dayton & Me
Rens & Sara
R & Gwy
Lighth
Rome & C
Elmira & W
RW & Og
de Pref
Rut & Wh
Erié& Kal
Sara & Sch
Erle & Pitts
Sharon -Ry
F-Wi& J
Siath
South W
Franklin T
St. Bistof
Grr&e
J & So B
Hart & ¢ Ww
Hereford OS & GR
L& A
Joliet & Ch
UCSB
Kc$i. &C Pt
LS & M
Vt & Mass
L& MR Pf
Warren
New York City
Coler & Cox
Wlfz
RTM Rss
Stocks
R.L. Day & Go
Walls ~ Street
Public Utility “Securities
iWams
Sunpel & Coleman
Réet
Light & Traction
Gas & Electric
Denver Gas
Ut Dd General
Empire District’ Electric Ag Renee
Lincoln Gas & Piedge
Bas
Pacific Gis & Sie
Gé Preferret
N. Y
Interes
L &T
WNY
Denver
St & Gas
Painimios
Tradlamhda
Neville
Chicago Grain and Provisions
Soston