Wall Street Shares Slump Amid Copper and Zinc Losses
Copper and zinc led a broad metal market drop as mining stocks waned while Kennecott Copper posted a sharp loss and Greene-Cananea operations faced uncertainty. Bond trading on the New York Stock Exchange showed continued activity with government and municipal issues discussed, and analysts warned of potential overproduction in copper despite strong U.S. output.
MENTIONED IN THIS ARTICLE
Peaterdey
Thares
Landon
Sonora
Mexoen
Coscora
Bostestem
Greene-Crnanes
Intergheer
Fecing
Dodge & Ga
New York Stock Exchange
Sana
Catia
Dale Ie
Bret
Tate
Pee
ORIS
Cotton Prices Rebound After Early Drop
Cotton futures rallied after an initial decline as selling eased and bids firmed. Prices closed near day lows as profit taking and liquidation dominated amid regional demand and weather bureau data. Local and Southern markets showed varied activity with some higher spot prices and steady declines later in the session.
MENTIONED IN THIS ARTICLE
Ste
Liverpool
Weather Bureau
Market Report New York June 21 1914 on Wheat Corn and more
New York June 21 1914 wheat market favorable crop news with active demand on breaks. prices largely steady. Corn market slower with backward crop talk and easier feelings. Chicago receipts and local cash markets show mixed signals. Copper futures weak with lower levels and Brazilian demand concerns. cottonseed and sugar futures show varied activity amid export interest and port trades.
MENTIONED IN THIS ARTICLE
New York
MLA
Lncal
Aige
Lye
Fenteniters
Brazil
Europe
Ide
Itrasil
Santos
Sao Paulo
Oman
Waco Setin
Yuna Sinner
Pointa Doe
Fab Calas
Tates
Sener
Wes
Iceland
Esost Paints
Yeater
Yeateriay
Ce Ikrd
Lemd
Reptem'r
Yeiqmm Skk
Oreer
Niven
Fary
Jdaseary
Sintet
Heviyer
Livestock Market Slows Amid Low Prices and Few Clearances
The market showed slow activity with low prices across cattle and calves. Top steers struggled to sell while bears and medium stock faced declines. dressed beef, veals, and sheep and lambs also reflected cautious demand and tighter offerings.
MENTIONED IN THIS ARTICLE
Bay
Cowe
Mnate
Aowest
Wall Street Brief Trumpets Dividend Increases and Retirements
Granby Consolidated Mining and Smelting declares a quarterly dividend rise of 2 per share with a higher overall rate. Procter and Gamble issues a special 4 dividend. Public Service Electric declares 6 percent quarterly with a 1 percent hike. Stewart-Warner plans retire of all outstanding preferred stock totaling $700,000 at 110. Lehigh Valley Railroad May earnings reach 4,418,612 a rise of 4342 over prior period.
MENTIONED IN THIS ARTICLE
Granby Consolidated Mining and Smelting Company
Stewart - Warner Speedometer Company
Lehigh Valley Railroad Company
Arrows
Bank announces checks to clear through New York Clearing House
Alfred J. McGrath, cashier of the International Bank, stated yesterday that effective June 25 all checks drawn on the bank will be payable through the New York Clearing House. The bank will clear through National City Bank, which recently gained control of the International Banking Corporation.
MENTIONED IN THIS ARTICLE
City Bank
Alfred J. McGrath
International Bank
New York Clearing House
National City Bank
International Banking Corportion
M. & St. L. Plan Approved
The official plan for the reorganization of the Minneapolis and St Louis Railroad involving a voluntary $204 share astornment was accepted by minority stockholders and adopted by all shareholders. President Newman Erb said it represents the first readjustment of finances of a major railroad company, voluntarily undertaken by stockholders to benefit their property and add value to their stock.
MENTIONED IN THIS ARTICLE
Minneapolis & St Louis Railroad
Newman Erb
Securities Auction at Exchange Sheds Mortgage and Bond Notes
Securities sold yesterday at the Exchange auction include mortgage and bond notes from Adrian H Muller & Son. The sale lists foreclosures and trust deeds with dates and amounts, detailing transfers and entitlements among several parties. long lines of OCR garble obscure most specifics.
MENTIONED IN THIS ARTICLE
Adrian H. Muller & Son
Pat Bent Frrat
Tok
Daw Dusuary
Martenge
City Trade Waste Hearing Reaches Temporary Settlement
The Board of Estimate, after a public hearing, ruled to discontinue the collection of trade waste from office buildings by the Street Cleaning Department while permitting dumping of such material on scows when delivered by private contract. Commissioner Fetherston had recommended ending departmental collection of this waste. B. E. Martin for the Real Estate Board and New York Builders' Association urged equal treatment with apartment ashes.
MENTIONED IN THIS ARTICLE
Board of Estimate
Department of
John T. Fetherston
B. E. Martin
New York Huilders’ Association
Public Utility Earnings Report From Several Corporations
The Western Union Telegraph Company shows April operating revenue at 4,010,720 up 10 percent from last year with four month totals at 18,000,48. Net telegraph operating revenue for April 1,257,654 and operating income 1,123,684. Cities Service reports May gross earnings at 700,085, a 147 percent rise, with year earnings 6012.00 and May net earnings 1,425, as compared with 3,800,708 in 1915. Great Western Power and Detroit Edison note May gains in gross revenue and net income, with Detroit’s five month earnings up over 40 percent.
MENTIONED IN THIS ARTICLE
Western Union Telegraph Company
Telegraph and Cable
Cities Service Company
Sane
Detroit Faison Company
Mercantile Stores Plans 8 Percent Distribution to Note Holders
Mercantile Stores Corporation directs an eight percent distribution on principal notes issued to holders of H B Clafin Company paper two hours after a reorganization. Notes issued in late 1914 total 633,250,000 with a $2,700,000 dividend. An additional $300,000 from the Defender Manufacturing and H B Clafin merger is also to be distributed.
MENTIONED IN THIS ARTICLE
Mercantile Stores
Mercantile Stores Corporation
H. B. Clafin Company
Defender Manufacturing Company
H. B. Cladin Corporation
Zinc and copper prices shift across markets in October report
The October market outlook shows optimism for Inter deg series and post ton gains, with copper in London at 808 for spot and futures. Spot sales reach 3 tons while tin, lead, and zinc quotes vary across London and New York exchanges, including standard spot tin at 17 pounds and futures at higher levels.
MENTIONED IN THIS ARTICLE
London
New York
East St Lovin
Landon
Country Produce Markets Show Sizeable Daily Picks
New York June 21 1916 country produce market report lists butter receipts at 17 010 boxes and cheese and eggs with varied grades. Includes notes on milk products creamery butter and cheese prices and supplies, plus fruits vegetables and other commodities with quoted ranges and regional origins.
MENTIONED IN THIS ARTICLE
New York
Bronx Scouts celebrate new headquarters with jamboree
The Bronx Council of the Boy Scouts of America moved into the General Frank Sigel mansion at 158th Street and Mott Avenue, with 500 scouts and officials attending despite rain. A key ceremony, life saving, bridge building and signaling displays followed as Troops 117 110 51 165 147 176 and others showcased demonstrations and second class promotions.
MENTIONED IN THIS ARTICLE
Taoaday
Sam Cowan
Israel Danziger
Robert Lowenstein
Allison Buckbee
Bronx
Whittle
Frank Hamilton
Pruis P. Dutt
America
A. G. Clarke
Scouts
Concourse
156Th Street
Elbert Ray
Reginald Whalen
N. Fl. Marsh
Charles Huckbee
Boriant Hillman
James KR. Cherry
Paul McGrath
Frank, McGrath
Scout €. Peterson
William G. Bauer
Scoumaster
Tremont Methodist Episcopal Church
Washington Avenue
Listh Street
Irving Lachen
East Side
Aaron Fishman
Educational Alliance
Alt
Scouts of the Education Alliance
Weishong
Friedman
47Th
Brooklyn
G. Hl. Nexslage
Damon Lyon
Martha Washington
East Twenty-ninth Street
Tesla
Bankruptcy petitions and a planned apartment project noted
The article reports multiple bankruptcy filings including Ye Connomation and others with assets and debts shown. It notes a $200,000 apartment project replacing a planned 11 East 24th Street house, with Roth of Paris as the architect and a site change announced yesterday.
MENTIONED IN THIS ARTICLE
Ee and
Palma Fathouse 11
East #24
7Ry Roth
Parar
Public hearing on franchise contract proposed in New York
A public hearing notice dated June 4 218 in New York announces an inquiry into a franchise contract proposal set for Friday June 9 1916. The document outlines terms and conditions to be included in the contract and lists the authorities and stipulations for the proceeding.
MENTIONED IN THIS ARTICLE
Love
Avenir
News Dealers Attack Subway Monopoly
Representatives of the National News Dealers and Stationers Association testified before the Thompson legislative committee about alleged monopoly favors granted to Ward & Gow through an Interborough contract. They said the arrangement discriminates against independent dealers and restricted newspaper sales at subway entrances. Ward acknowledged a large per stand payment and PSC opposition to contract renewal. The panel recalled Brooklyn Rapid Transit officials to discuss dual subway contracts as the hearing adjourned.
MENTIONED IN THIS ARTICLE
Tell Thompson Committee
National News Dealers and Stationers’ Association
Thompson Legisla
Ward & Gow
Interborough
Willi
Merican Thompson
Artem
Ward
Public Service Commission
Ais
Timothy S. Willams
Brooklyn Rapids Transit Company
Fortier
Williams
Thompson
Russian Attachments Estate Lease at Great Neck
Serge Ruperts of the Imperial Russian Embassy has leased the Lucien L Bonheur estate at Great Neck for the summer. Kehoe and Giller negotiated the lease.
MENTIONED IN THIS ARTICLE
Serge Ruperts
Lucien L. Bonheur
Great Neck
Kehoe & Giller
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