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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

New York Tribune

Location

New York, New York, United States of America

Date

Jun 22, 1916

Page

3

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Serge Ruperts Lucien L. Bonheur Great Neck Kehoe & Giller

Also Mentioned on This Page

Wall Street THE Stock Exchange Metal Market Rock Island Is Strong Tve Rette Sxprrier Iire Kenmer Colt Kenner Ic Bésntanion Corper Inn Arizona Mexico Conduit and Cable Company United States Leek Atock de Che Paltta John Tavie & Co Washington Fenny ‘Ylranis Ines Leopold Fredrick New York Trust Company Fredrick Sch Credita Predrick Iran Galveston New Orleans Charterton Wilmington Aoane Berio Agata Moston Deni Janel Hacvlening Eiatha Fir Business Doing Coe Vaca Iowa Chicago Howe Etlontad Thirsiay Katwas Omaha Sep Hem Bliwlsio India Stownas Rey Sune Eues Haere Calla Renner Amutton Gilet BRIEF Wall Street News Procter and Gamble Company Public Service Corporaton New Jersey Areenting Pebruy Lee Marco Mare Wallan Jeanber Great Western Power Great Western Power System Detroit Harney Bee Harne Minweat Dhaka Ettrans Arate Ehiplde NFM Ge Eraley Feaker Beck Fey Westen Southern Penn Newrtr Henbery Bruwile Seach Tndian Risner Tolay Appien AP Ae Erie Northern Soy Win Tibet Scrall Strat Ierie Preven Statin Bet Kaspeerkies Jersey Leno Sree A. Stuall Ereen Porto Rico Via Janey Imes Savin Weet der Sey Bendunt Weare Br Ero Fiat Carkuts Valand NC Msn Itrae Basket Ameal Beaker Streta Ft & Riis Aime Lyne Leeks Newby Hare Vuhan Tonka Wa Lange Peper Pier RIN BARE Nesiby Maine Ewerby Paver & Council Madison Avenue Ates Dieta Barnes Aba Ated Tarkian Seton Ware Pat Siskragtey Weisterg Praschis Omnibus York Pilates Tay Ween Daied New Yorka Masbatten Pratt Soc. Business Cala Hva Read Street Lemon Avenue Dalton Swimming School West 59Th Col. Circle Senoon Agenetes Akeper J. W. Williams Ea Srs Zi Ve Aning Works Pave Diamonde Eaabs Iseobanay Enti Oot Meetiorade Terewattten Petters M48 Thee Yel Fuonivay Ueainabie Riot Westinghouse Electric & Mfg. Co Pittsburgh Nianey BS Toen Man Ork soLpnina Nevins Weissberger & Son Wita Tesemterg Joe Weemanm Park Me Acme Real Tie “Cie Towmpbell-Caeetada Gan Enaibey Jon Metshan
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