Financial News Notes Highlight Copper Prices and Steel Output
The report surveys copper price discussions by industry figures urging regulation to steady markets, notes American Locomotive and Westinghouse Electric earnings trends hinting at strong year prospects, and details coke and pig iron pricing in Pennsylvania Alabama and the South. Oil field activity in Kansas shows renewed drilling and rising crude demand, while Western Canada and Carnegie Steel report record production, with Virginian Railway bonds attracting investor interest.
MENTIONED IN THIS ARTICLE
Baltimore
Wall Street
Stock Exchange
Qnommas F. Cole
South
Tirmingham
Alabama
Frm
No. 2 Foundry
Itat
Topeka
Kansas
Standard Oil
Aastern Kansas Eldare
Central States Electric eyes Cleveland utility ties
Public notes reveal Central States Electric Company planning to hold over 7 percent of Cleveland Electric Illuminating, with a board featuring notable figures from American Gas and Electric, Spencer Trask, General Electric, and others. Details show outstanding stock, notes issued, and plans to convert notes to preferred stock. Cleveland Electric Illuminating expansion includes a 25,000 HP unit for 100,000 HP total. The Electric Bond and Share Company, a General Electric vehicle, manages holdings and consolidations of public utilities, with dividends tied to preferred stock and a policy preventing excess common stock dividends.
MENTIONED IN THIS ARTICLE
Central States Electric Company
Cleveland Electric Illuminating Company
Feld
R. E. Breed
American Gas and Electric Company
Edwin M. Hulkley
Spencer Trask & Co
Anson W Burchard
General Electric Company
de Forest Candee
Federal Utilities Company
George A. Gulliver
Republic Railway and Light Company
Parmely W. Herick
Herrick, Parmelee & Crawford
Cleveland
Robert Lindsay
Cleveland Electric Triuminating Company
Robert C. Morse
Jackson & Curtis
Boston
James Richardson
Richardson & Clark
Providence
R. J. Samuel Scovil
Cleveland Electric Iluminating Company
Harrison Williams
New York
Guaranty Trust Company
Cleveland Electric Tuminating Company
Cleveland Electric Muminating Company
Cleveland Railway Company
Cleveland Electric Minmmating Company
Ite
Wax
General Elen Cirle Company
General Electric
Earnings Trend At US Railroad Sees Rising Net Profits
For the twelve months ended February 9, 1912 net earnings were 1,679,610. For the fiscal year ending June 2 four months' estimated net earnings will exceed 1,500. The next year’s net earnings should total around 12,000. Interest charges on the bonds are 1,371.50. In the year ending June 2, 1900 coal tonnage was 980,000 with gross earnings of 6. The following year tonnage rose to 2,141,000 with earnings 2,071.08. The next annual coal tonnage is estimated at 1,000,000 with gross earnings about 48,000.
MENTIONED IN THIS ARTICLE
Union Muclic Railroad Company
May Kros
Southern Pacific Company
Wapensen
United States Steel Corporation
C and W Dividend Passed
The New York Ontario and Western Railway directors declared no dividend for the current fiscal year due to coal strike losses. Local year earnings dropped to about 8.5 million with a 470 thousand surplus, after disruptions from mining disasters and threatened coal rate stability.
MENTIONED IN THIS ARTICLE
New York, Ontario & Western Railway Company
Bond Dots United States Bond Offers Across Several Cities
Amesbury Massachusetts awards a tax anticipation loan of 800000 and issues 4 percent water bonds dated July 1. Lowell Massachusetts invites bids for temporary loan of 800000 maturing December. Detroit invites bids for 240000 4 percent twenty year water bonds. St Louis hosts vote on 2,750,000 bridge bonds. Lavonia New Hampshire invites bids for 25000 temporary loan maturing December. California to sell 2000000 percent highway bonds dated July 5 1911 maturing 1923. International Trust Company Boston offers 100000 6 percent first mortgage sinking fund bonds of San Lily Power and Water Company dated November 1 1910.
MENTIONED IN THIS ARTICLE
Amesbury
Mass
TL. Day & Co
Lowell, Mans
Detroit
California
International Trust Company
Moston
San Lily Power and Water Company
Colorado Springs
New York
P. Pelt & Co
Harriman
É& Ful
Dietrapelie Screivoa
Morris
Fitent
Native Security
Ward
Tinton
Getharn
Keenwich
Hanover
Yorkville
Hanon
Nanna Mine
City Tavent
Queens
Queens Co
Hteatty Ansa
Empire
Fidel
Uma Guaranty Am
Naraitton
Macmon
Washington
Weatchenter
MY Kings Co
Windsor i
Swaput & Appanselar
Pinestevet Nuelly Antfield
Aulantle Coast Line
Hutt Hoch & Pitty
Cher & Ohio
Chicaga & Alton
Hocking Valley
Kan City
Routh
Tah Valley
Cays
Mirsour
Pennsylvania
Seaboard
NEW York Tribune
United States
Sealshipt Oyster Co Discontinues Dividends on Pref Stock
The directors decided yesterday to discontinue for the present the payment of dividends on the $2,600,000 seven per cent cumulative preferred stock. One per cent has been paid quarterly before, with funds to be applied to the company's property development.
MENTIONED IN THIS ARTICLE
Sealshipt Oyster Company
Syndicate gains control of Electric Properties Company
Control of the Electric Properties Company shifts to a four member syndicate formed by Westinghouse Electric and Manufacturing, Equitable Trust, Stone & Webster, and William Morris Tribie & Co. The company plans expansion without new capitalization or changes in directors. George F. Tripp, ex-Stone & Webster, chairs Westinghouse Electric and Manufacturing and spearheads the move.
MENTIONED IN THIS ARTICLE
Electric Properties Company
Westinghouse Machine Company
Westinghouse Electric and Manufacturing Company
Equitable Trust Company
Stone & Webster
William Morris Tribrie & Co
Electric Light
Corporation of Westinghouse, Church, Kerr & O
Alvin W. Kreeh
Gauttable Trust Company
Krech
George F.tripp
Stone & Websters
ITEMS OF THE STREET: Diverse stock dividends and exports
Dividend declarations appear for Vulcan Detining, Broad Exchange, National Fire Proofing, Alliance Realty, Associated Merchants, H.R. Clamin, RE Bliss, Mohawk Mining, United States Safe Deposit, MWlcetrte Atliition, with payments through July and August. Copper exports for the weekend and year to date refresh figures. Curbstoning admission for Pettivone Mulliken. Gates elected to US Realty committee. Currency movement, interior receipts, and Sub-Treasury details noted. Grain and mill stocks, railroads, and steel price changes reported alongside corporate governance moves.
MENTIONED IN THIS ARTICLE
Vulcan Detiining Company
Broad Exchange Company
National Fire Proofing Company
Alliance Realty Company
Associated Merchants Company
H.R. Clamin Company
RE. W. Bliss Company
Mohawk Mining Company
United States Safe Deposit Company
Mwlcetrte Atliition Corporation
Realar
Red Street
Carpenter
United States Cast Iron Pipe and Foundry Company
Wind Up Cordage Trust Forms to Liquidate Assets
The Standard Assets Corporation, formed by the protective committee of Standard Cordage Company bondholders, aims to liquidate the cordage firm’s property rather than have it sold at auction. L Hotchkiss chairs, with Charles E. B. Orvis as vice president. D. A. Kent Gall as secretary treasurer. Directors include Hotchkiss, Orvis, Albert M. Parlin, Judson S. Miller, and S. W. Kolin. The assets insure certificates for the $2,508,200 first mortgage bonds. The committee recently bought Cordage properties for $175,000, paid about 5.9 percent to owners of $246,800 bonds not deposited with the committee, in full settlement of claims. Proceeds from sales will be distributed as dividends to the $2509.90 bonds deposited with the committee.
MENTIONED IN THIS ARTICLE
Standard Assets Corporation
Standard Cordage Company
The
Assets Corporation
L. Hotchkiss
Charles EB
Orvia
D. A. Kent
Gall
Messrs. Hotchkiss
Standaré Assets Corporation
Lividenda
Odds Are Even How Wilh go wer time on the ball game
The article previews the annual game between the Bostonian supporters known as the Broad street curb faithfuls and the New York club. It notes public doubt on Boston’s ability to supply strong hitters and pitchers, predicting a likely even contest with the Broad street group possibly matching the New York squad in grounders and endurance.
MENTIONED IN THIS ARTICLE
Roston
New York
Broad Street
Borton
New Baggage Rule Halted by Interstate Commission
The Interstate Commerce Commission suspended proposed new baggage rules affecting common carriers nationwide from July 1 to October 22. The regulations would limit free baggage for passengers and raise charges on excess baggage. The decision also sided with Consolidated Fuel Company in a dispute over coal car equipment against several railways.
MENTIONED IN THIS ARTICLE
Waenington
Milroad
United States
Denver & Rio Grande Railroad
U S Treasury condition report from Weenington
The message notes Treasury balances, including 18 187 126 in banks and 44 Philippine Treasury, with totals from recent war era accounts. It reflects a strained financial status and mentions various unsettled finances and implied shortages.
MENTIONED IN THIS ARTICLE
Weenington
Gene Ear
Treasury
Benke
Philippine Treasury
Business troubles in bankruptcy petition filed in state court
A fragmented bankruptcy petition was filed in a state court naming Yenny Batchheinger and Leon Wachtel as parties. The document cites voluntary liabilities and a listed address, with the filing attributed to a firm identified by a 1434 Tinton Street reference and 1047 confusion in the text.
MENTIONED IN THIS ARTICLE
Aled Sretentay
Yenny Btacheinger
Leon Wachtel
July Cotton Market Steady After Minor Noticing
July cotton notices totaled about 45,000 bales, absorbed quickly by spot interests. Market barely moved, with July futures up to four points intraday, closing near unchanged as a private crop report showed improved conditions and no shift in trade sentiment ahead of a government report next week.
MENTIONED IN THIS ARTICLE
To & Polite
Tssted
Name Authority
Ifor
Griess Yeater
Overiai
Canada
Aga x
Enilia Gabags
Southern Mill
Weathint
Sonson
Agaloat
Liverpool
Manchester
Elethe
Ar ‘Anada
Public Utility Costs and Mail Rates Highlight Sunday Tribune
The Sunday issue of the New York Tribune outlines nationwide mail service at $250 annually. It notes public utility topics and cost considerations affecting readers across the United States.
MENTIONED IN THIS ARTICLE
New-York Tribune
United States
Weather and crop market drift amid dry heat and showers
Market notes show cereal edges influenced by dry heat in the Northwest and potential spring showers. Kansas crops estimated around 6 to 9 million bushels sparked an initial rise. prices later slid with modest rallies. Corn held steady with small losses. oats weakened from Thursday’s levels. Coffee steadied with light turnover as buyers appeared on weakness. Brazil’s fire insurance pushed costs up slightly for nearby contracts.
MENTIONED IN THIS ARTICLE
Kansas
Market Report Weather and Grain Prices Across Regions
The market shows continued dry and hot conditions in the American and Canadian Northwest with buying interest in wheat futures. Futures declined slightly as liquidation hit hog futures. oats, flour, and corn futures showed mixed movement with export and inland prices noted. Local contract prices for wheat, oats, and corn shifted within narrow ranges as traders assessed supply demand and weather outlooks in New York and London markets.
MENTIONED IN THIS ARTICLE
Canadian Northwest
Hogue
RYR
Painat
YORK
Cinna Day
Siendier
Hamburg
Tio
Antae
Leon
Tive
Phewry
Fanity
Viatts
Midi West
Foe
Lake Lac iTing
Tone London Conpar
Annae
New York
Condon Tin
Alluros
Gor Ie
Pat
Maat Lou
Dadice London
East St .Faule
Onot Ie
London
Hautointon
LIVESTOCK PRICES DRIVE MARKET REPORT FOR JUNE
New York June 2 101 cattle and veal market results show steady to strong demand for good dry cattle with bells and cows mostly lower. Bulls and heavy stock traded lower while calves and sheep and lambs moved in mixed fashion with prices varying by weight and origin. Major buyers from Pennsylvania Maryland and Virginia participated with varied prices across grades and weight classes.
MENTIONED IN THIS ARTICLE
New York
Bologna
Minnick HirdinsMand
Willac
Averett
Thera
Sato
SAO
Saad Rma
Newton & Co
Virginia Atores
Tennessee
Pennaylvania Bull
Randers
Tony
Ty Hooth
Jshambere & Son
Virginia Ateers
Robin & Shannon
Tohln & Bhannon
Judd © Co
Kennn Commission Company
Tos
BUSH
Amman
Shannon
Kentucky
Tania
West
Tech
Virginia
Buck
McPherson & Co
Maryland
Liak
St Rowse
Hina
California
Xtras
Liverpool
Wizgc
Atples
Far Western Baer
Tsegsi
Southerm
Barker
Jersey
Taland
Seito
Long Island
Silac
Up- Piven
Teite
North Carolina
Wilde
Delaware
Jesuey
Cheno
Gnateeserm
Wester City
Texas
Southern
Hulle
Incobe
Ateera
Vera Fenty
Dorsi
Hehta
Falr
Louisville
Market data on country produce and livestock
The report outlines fluctuating prices and stock levels for beans, peas, butter, cheese, meat, fruits, and vegetables. It lists tonnages, weights, and prices across regions such as Virginia, Ohio, New York, and Kentucky with notes on cattle, hogs, and lambs, including receipts and market tone.
CHICAGO GRAIN AND PROVISIONS PRICES REPORT
Grain and provisions market notes from Chicago show fluctuating futures and reported prices. Seed prices for cloverseed ahold, al slike and Timothy are listed with monthly options and varying quotes.
Also Mentioned on This Page
American Locomotive Company
Westinghouse Electric Company
Connellsville
Penn
Weekly Courier
Johnstown
Carnegie Steel Company Nu
South Works
New Castle
Carnegie Rte
Ottawa
Virginian Fay Company
Jocahon‘mb
New River Cowl
Nor- Sie Va
Public Utility Notes
Lavonia
N. H
Interior
Interior Pointe
National Tank
Sub-Treasury
Sb-Treasury
Herbert A. Tyler
Kirle Tallroad Company
Theodore H. Burgess
Charles ¥. Goldaborough
Baldwin Locomotive Works
Interstate Commission
U. S. Treasury
Purmanrs Oy
Aevonn
FLA
Nor States
Holson Ollcake
Cale
Bett
Oyars
Tebacen
Oni
Oll Bis
Cotter
Bret
General Market Report
Bameo
Ossasian
Havannah
Willett & etal #tock
Europe
Amectoa
Country Produce Markets
Ip Newton & Co
Virginia Sheen, Company
Selene Sanders
Arghhee & Hh
Poultry Alive
Reostota
GueKe
Freeuerr
Broilers
Date
Philadelphia
Bruth Tee the Aie
Penneylvania
22Gabe
Wesern
Tukey 3
Old
Wesizen
Bores
Ine
Ick
Tambidige
Fond
Avernae Bewt
Unio Ant
Tasker
Joca A. Vultinore
Maryians
Hoo Buncker
Carolina
Basket
Sagt
Balthier DM
Celery
Jervey
Sgt
St Near
Ansen
Vietna
Maree
Tate
Alsid
Lou Jermey
Jerney
Lurce
Inter
Bow Sista
New ‘York
Leram
SV Ith
Auning
Romaine
Stee
Nek
St Hopes
Marron Stgel
Demehieg
Haga
Theat
Chicago Grain and Provisions
Austrasian
Jansuaryt
Toles Jane
Wemen
Canadian
Mont Parte
Northwe
South Dakota
Advan
James River