Island securities wobble fuels rock island rumor mill
Wall Street again sees weakness in Rock Island and Frisco securities as rumors spread of receivership, new bond issues, or flood damages. Analysts note earnings falter for the Rock Island system, with large gate issues anticipated and senior and collateral bonds showing price declines amid market influence from a leading Rock Island shareholder. Ex Judge Moore and brother activity noted in New Hampshire and Wisconsin.
MENTIONED IN THIS ARTICLE
Island Company
Wen
Rock Island
Rock Island Company
Rock Island Securities
Wall Street
Rock Island Group
Europe
St. Louis
San Francisco
Frisco
Collaters
Chicace
Rock Island & Pacific Railroad
William H. Moore
New Hampshire
James Moore
Wisconsin
D. G. Reid
Receiver Appointed For Consolidated Railway Company
Vice Chancellor Howell appointed Rendelph C. Barrett of Newark temporary receiver of the Consolidated Railway Lighting and Refrigerating Company, a $22 million firm. Barrett seized assets totaling about $21,282,400, including holdings in related subsidiaries. The suit accuses overvaluation and limited actual business activity, with June 29 set to show cause why receivership should be permanent.
MENTIONED IN THIS ARTICLE
Rendelph C. Barrett
Newark
N. 7
Consolidated Railway, Lighting and
Chaniel Howell
Frederick J. Faulke
G. Louis Bolesesin
Newcastle
N. Y
Athhe Stork
Charles S&s. Thorne
New
Consolidated Railway
Electri Lighting and Equipment Company
labili@e
Manhattan Trust Company
Bossevain
Thorne
Howell
Transfer Law Evasions Prompt State Tax Enforcement
State Controller Martin H. Ginn announced a drive to compel corporations to comply with the stock transfer tax law effective June 1, 1805. Inspectors will audit books of stock companies. nonpayment of taxes will be pursued, with penalties and full enforcement across all transfers including past three years.
MENTIONED IN THIS ARTICLE
Martin H. Gin
Dey
Lion
Jesus
Lexus 4
Investige
Stork
Possiot Ptt
Westinghouse stock sale faces possible extension amid hopeful plan
Last day for subscriptions to the 10 million dollar Westinghouse Electric and Manufacturing plan passed. Officials remained hopeful as stock rose about 4 points, with committees to meet for further steps and potential brief time extension. A Berlin report of a Bergmann license and German collaboration boosts Europe ties, while French and Italian Westinghouse interests become assets in a wider arrangement.
MENTIONED IN THIS ARTICLE
Westinghouse Electric and Manufacturing Company
Westinghouse
Wall Street
Pittsburg
Henry Phipps
Berlin
Germany
Bergmann Electric Company
Bergmann Company
Westinghouse Electric
America
Westinghouse Company
Westinghouse Electric and Manufacturing
Auction of Detroit Toledo and Ironton Notes Prompts Iropon Split
Notes valued at about 89000 present value and secured by Ann Arbor stock are to be sold at the Exchange Salesroom to form a legal maneuver by Hollins and associates. The collateral ties to the Ann Arbor Railroad, consolidated with DT& I, and the aim is to keep the two properties joined amid a receivership. The bid is intended to give Hollins control against any separation. The total pay value is 1300000, not a majority, yet DT&I interests hold sufficient leverage to influence Ann Arbor affairs.
MENTIONED IN THIS ARTICLE
Vesey Street
Detroit, Toledo & Ironton Railway Company
Rudolph Kiegholtze &On
United States Mortgage and Trust Company
H. B. Hollins & Co
Detroit, Toledo & Ironton Company
Hollins &Sr
Ann Arbor
Detroit, Toledo & Ironton
Smelters Not Cutting Force Shakeup Denied
A Boston report of a large discharge at the American Smelting and Refining Company was said to be inaccurate with no major staff changes. It noted Guggenheim engineers like John Hays Hammond and A Chester Beatty not employed by the company, while Hammond allegedly earned 250000 yearly from the Guggenheims. The report claimed annual savings of about 1990000 from such salaries and economies.
MENTIONED IN THIS ARTICLE
Boston
American Smelting and Refining Company
New York
Guggenheim
John Hays Hammond
A. Chester Beatty and
W. Mudd
Hammond
Guggenheims
State of New York
County of New York
John W. Castles
W. C. Edwards
The
Guaranty Trust Co. of
Nassau Street
City of
Superintendent of Banks
Open Education Building Bids in Albany This Day
State Trustees of Public Buildings led by Governor Hughes Lieutenant Governor Chanler and Speaker Wadsworth opened nine bids for the state education building near the Capitol valued at about 100000 dollars. Bids were referred to State Architect Ware for tabulation. Unofficial figures suggest Rochester firm R T Ford Company is the lowest bidder.
MENTIONED IN THIS ARTICLE
Albany
State Trustees of Public Buildings
Hughes
Chanler
Wadsworth
Assembly
Ware
R. T. Ford Company
Rochester
Auction Sale of Stocks and Bonds in New York Exchange
Auctioneer Andrew J. McCormack holds a regular sale on Wednesday June 24 1908 at 12 30 in the Exchange Salesroom Vesey Street New York for account of whom it may concern. Bidders must deposit 15000 cash or certified funds. Ten percent more due at sale and balance next day. The list includes numerous bonds stocks and certificates from U S Steel United States Mortgage Trust Company Detroit Toledo Ironton and others with extensive collateral descriptions and notes.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Adrian H. Muller & Son
William &T
Exchange
Vesey Street
City of
New York
William Street
New York Clearing House
Rudolph Klerbolte & Company
United States Mortgage & Trust Company
Rudolph Kleybolte & Company
Detroit, Toledo & Ironton Railway Company
Trust Company
Rudolph Klevbotte & Company
Consolidated Indiana Coal Co
U. S. Reduction & Refining Co
Northern Union Gas Co
Public Service Corp
New Jersey
P. c
Herring-Hall-Marvin Safe Co
National Lead Co
Broadway
7Th Ave
R. R. Co
Amalgamated Copper Co
General Electric Co
New Jersey Terminal Dock & Improvement Co
Telephone & Telegraph Co
Stewart Sugar Co
Empire Keystone Improvement Co
M. Zimmerman Co
West Virginia Midland R. R. Co
Union Ferry Co
Brooktyn City R
New York & Hoboken Ferry Co
P. c. Eds
Southern R. R
Standard Motor Construction Co
Carbon Steel Co
Nat'l Bank of Commerce
Columbia Trust Co
American Express Co
Kan
Tex
R. R
Missouri, Kan
Tex. R. FR
Republic of Cuba
Texas & Parific Coa! Co
Metropolitan Trust Company
City of New York
Oriental Bank
Statement of Non Member Banks June 20 Changes Loans
Financial snapshot shows figures for June 20 including loans and discounts at 56,364,000 and 101,400 in circulations. Totals for deposits with clearing houses and banks and trust companies appear, alongside reserves and legal tenders, with multiple income amounts and remarks mixed in, reflecting a banking sector report.
MENTIONED IN THIS ARTICLE
Discounta
Sovestenente
Inc
Metta
Associated Trust Companies
Railroad earnings report fragments from 1907 1908 earnings figures
A compiled excerpt shows monthly and midJune earnings, miles, and net income for multiple railroads including Chicago Great Western Detroit Toledo Ironton Georgia Southern & Florida Twin City Rapid Transit Kansas City Southern Texas Central and Colorado & Southern Railway System. Figures include gross earnings expenses net earnings and year to date totals for periods such as second week in June and July 1 to June 14 or May 31.
MENTIONED IN THIS ARTICLE
Chicago Great Western
Detroit
Toledo & Ironton
Detroit United
Georgia Southern & Florida
Twin City Rapid Transit
Kansas City Southern
Texas Central
Inc
Colorado & Southern Railway System
Chicago Grain Market Mixed On Wheat Pressures And Live Hog Demand
Chicago June 22 Wheat markets showed nerves as bullish stats battle favorable harvest weather with July steady and September strong. Corn and oats stayed firm to higher on crop damage signals and light receipts while provisions rose with live hog demand. Nearby receipts stood at 460 000 bushels of wheat and 445 cars of corn with hogs at 17 000 head anticipated for tomorrow.
MENTIONED IN THIS ARTICLE
Chicago
Everal
Commission
Liverpool
Kansas
Soc
Boc
Bac
Soige
Béjyr
Minneapolis
Duluth
Lye
European Produce Market Report From Liverpool June 22
Closing prices for WHHAT and corn, peas, flour, and hops listed with quantities in shillings and pence. Beef, pork, hams, bacon, lard, and other commodities show steady to firm bid levels in various weights and packaging, with London and Pacific Coast markets noted for relative quiet.
MENTIONED IN THIS ARTICLE
Liverpool
California
London
Pacific Coast
Cattle and Hog Market Receipts Across Regions
Chicago market shows strong demand with hogs active and steady to higher prices, cattle mixed with dull to weak tone, hogs at $6.50 to $6.60 for butcher grades. East Buffalo reports higher hogs and mixed cattle, veals rising, sheep steady. Pittsburg notes fair cattle supply with higher hogs and lower sheep bids. Prices listed include heavy steers around 7.18 to 7.43, hogs 6.05 to 6.10 on some markets, and veal around 5.25 to 7.75.
MENTIONED IN THIS ARTICLE
Chicago
Cincinnati
East Beffalo
Pittsburg
Also Mentioned on This Page
Zock Island
Consolidated Railway, Lighting and Refrigerating Co
Glynn
Hollins & Co
Open Education
Philadelphia
Charlies D. & Co
Broad Street
South 4Th Street
Lehigh Val RR
Am Cement
Cannes
Mareden Bee Seere
Am Ry Co
Phila Co Paasece Zily
Cambria Steel
Bissae Pilla Co Bs
Julia
Kentucky
Best & Beicher
Oteenens
Ophir
Overman
Caledonia
Potesia
Sara Cheller
Norcrot
New York City
Brooklyn
Jersey City
Hoboken
Staten Island
New York Clearing House Association
Chicago Grain and Provisions
North River Savings Bank
34Th St. Bet
Sth & 6Th Aves
Samuel D. Styles
Frederick N- Cheshire
Charles F. Turton
Chambers St
Board of Trustees
Thomas M. Mulry
John J. Pulleyn
Bowling Green Trust Company
Sian An
William H. Taylor
John A. Hilton
WM. H_ ERWIN
New York County
Title Guarantee and Trust Company
Resources
Mars Egg
Senate Sa
Deer Oy Coopers
Lapital
Fey
SteEeere State of
Edward ©. Stanley
Arthur Terry
Title Guarantee and Trust Co
Deat of Banks
Clarence H Kelsey
William 5Rewing
Edward C. Stanley
A. Terry
Knickerbocker Trust Company
Charles H. Keep
Harris A. Dunn
Knickerbocker ‘Trust Company
Fifth Avenue
Helief
Paul H. Hidson
Guaranty Trust Co
W. C Edwards
Treas
James D. Hurd
Yellowstone
of Security
Ing
Raymond & Whit
Alaska
Rockies
New England
Canada
Raymond & Whitcomb Co
Fifth Ave
Bet
Manhattan Savings Institution
Joseph Bird
Frank G. Stiles
Constant M. Bird
Ass’t
NEW York Savings Bank
N. W. Cor
14Th St
8Th Avenue
William Fellinger
James L. Wandling
Archibald M. Pentz
Greenwich Savings Bank
S. E. Cor
6Th Ave
16Th St
James Quinlan
Rosharles M. Dutcher
Treasur
Ampden Rokb
Francis M. Bacon, Jr
Ade
Dick S. Ramsay
Chas. A. Whitney
Union Dime Savings Institution
Sixth Avenue
Greeley Square
Charles E. Sprague
Francis M. Leake
William G. Ross
Brayton Ives
Bertram Cruger
A. FE. Vogler
Kings County
Telegraph
Eakstons
Islands
Niagara Palls
Atlantic City
Montreal
White Mountains
Lakes
Nova Scotia
Old South Country
Saguenay River
Provinces
Gu Lakes
Setawanane Park
Hendrickson
Fulton St
Starin
Long Island Sound
Hudson River
Glen
Charming
West Point
Newburgh
Poughkeepsie
Palace Iron Day Line
Bikiyn
Desheesees
RED Bank
Franklin St. Piers
N. R
Highlands
Long Branch
Asbury Park
Connecticut
Dakeville
Taconic School
Beautiful Lake
Berkshire Bills
Lilian Dixon
Wellesley and
Bry@ Mawr
Bertha Bailey
Wellesley
Frances Gilman
Lake St. White Plains
Berlitz School OF Languages
Madison Square
Ahem
Lenox Ave
Brecklyn
Court St
Starkey Seminary
Seneca Lake
Watkins
Ebm
M. Summerbell
Lakemont, N
Rye Seminary
J. Life
Stowe
Rye
New Tore
American and Foreign Teachers Agency
M J Young-Fpulton
Union Square
State OF
James M. Brooks
Harry A. Munsell
Willard Brooks
Harrison Brooks
Margaret Spear Henson
Sarah E. Osborne
Ida Spear O'Neill
Nannette Spear Smock
Eugene Munsell
Harriet A. Munsell
County of
Abner
Thomas
Daniel J. Dowdney
Surrogate’s Court
Millicent Smith
Floyd L. Smith
Loyal L
Said
Hall of Records
Loyal L. Smith
Oacent Smith
Abner C. Thomas
Daniel J. Dowdnet
Creens
Fort Slocum
Q. M
Tribune ‘Tribune
Gin Ave
3A Ave
Téth
Sts
Sd Ave
Glet
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