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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 24, 1912
Page
4
A long patch lists semi annual and quarterly dividends from New York and other firms. It names VE ATOSON, TOPERA ASD SANTA FE HALL, and several banks and railroads with dividend rates, payable dates, record dates, and mailing details for holders of preferred or common stock.
The only bank stocks with dealings on the Stock Exchange last week were National Bank of Commerce with 27 shares sold at 138. There were no sales of trust company stocks at the weekly auction. The record covers shares traded, highest and lowest prices of the week, and the year 1912 prices, with figures from the market.
The oil producing regions show rising activity with expanding interest in Kanawha County West Virginia and the Bird Creek region. Producers report many wells completed and new discoveries from the southwest extension of the Lihue Creek fold, signaling potential wealth in the mid-continent area.
A dated bank report details assets and liabilities of New York banks including The Bank of New York and Bank of America. It lists securities, cash, deposits, loans, trust company balances, and capital accounts with figures and signatures of officers Curtis Beard and William M. Bennet as cashiers certifying the document.
Frail OCR shows mixed monthly earnings across utilities including Canton Hlrtic, Scranton Electric, and Wheeling Electric. Reported net earnings vary with dates in May and several towns note changes in gross earnings and deductions, citing May 1 to May 31 periods and differing scales of profitability.
AMERICAN TELEPHONE AND TELEGRAPH CO Four Per Cent Collateral Trust coupons payable July 1 at the Treasurer New York will be paid to Munkey Trust Company and others. Wilmington and Philadelphia stock trust certificate offers open after July 1 101 and must be endorsed Propose for Philadelphia Wilmington and Ballemore Stock Trust Certificates. Packard President 617 Chestnut Street Philadelphia.
Bank notice from New York outlining interest dividends and deposits rules under bylaws. It specifies rates of four percent annual and three and a half percent annual on balances, with $1000 maximum payable by certain dates. Deposits made on or before July 10 accrue interest from July onward. Officials listed include a treasurer and secretary.
The document names James N. Wallace as president and Francis Hyde as vice president with Dudley Olcott as vice president and Benjamin G. Mitchell as vice president. George W. Davison Milton Ferguson and Frank B. Smidt are listed as officers and assistant secretary CP Stallknecht as secretary.
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