Bond offer to small investors yields over five percent
An advertisement promotes bonds in denominations of 500 250 and 100 dollars aimed at small investors. It claims a yield above five percent and notes the bonds are free of Federal income tax.
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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jun 29, 1914
Page
4
Preferred Dividend Notices From Sheffield Farms and Allies
The notice outlines dividend declarations by Sheffield Farms Slawson Decker Co and related entities. It lists semi annual and quarterly dividends, payment dates around July 1, 1896, and record dates for shareholders. Also notes cashiers and treasurers signing, with details of the paying agents and transfer of preferred stock.
MENTIONED IN THIS ARTICLE
Sheffield
Slawson Decker Co
Uu Re Ie
Arte Sinweon Decker Co, Dlown Ac
Waa
Teri Aa
New Yor Sea
William Milne
Prout Exchange National Bank
City of New York
Suse
LVL Gambier
Fegular
Reet
William Epeaicht ’ Company
Tecoveran
Wil
Mackholdere
Taliaperno
America
New York
Hennet
Cashier
Meade Transportation Company Faces Strike Over Wage Demands
A three month strike by Teamsters and structural iron workers threatens to halt construction in the port area as talks on wage differences fail. John McGee, chair of the New York and New Jersey Marine Arbitration Board, has been urged by the union to represent in arbitration. The Meade company has refused offers and media requests.
MENTIONED IN THIS ARTICLE
Meade Transportation Company
Spit
John McGee
New York and New Jersey Marine Arbitration Board
Meade Company
Review of the Week in Finance Signals Widespread Strain
The H B Claflin Company suspension triggered liquidation and a broad market pullback as banking support faltered. The note-based financing model faced renewed scrutiny amid slack business, with expectations of further credit tightening and potential relief through rediscount reforms. European centers held steadier as London and Paris see gold flows and finance monitors eye future crops and policy shifts.
MENTIONED IN THIS ARTICLE
H. B. Claflin
Ness
Clin Group
Irge
Claflin
Supreme Court
Railroads
Intermountain
H. F. Claflin
Bank gold holdings rise amid export shift and tax payments
Banks report gold holdings up by about 24 million marks as exports and tax payments shift currency flows. Earle adds 11 million more in gold, lifting totals since January to around 80 million. Exchange rates edge up with semiannual settlements abroad and possible Bank of France rate cuts. Money remains easy but firmer, call loans hover near 2 percent, with renewals at 1 to 1.5 percent. commercial paper activity largely paused after the Claflin failure and then modestly resumes. Surplus reserves at Clearing House fall to about 31 million, deposits and loans shrink, with tax payments and gold exports offsetting interior currency shipments.
MENTIONED IN THIS ARTICLE
Tonget
Bank of France
Claflin
President Wilson's Boom and Rail Rates Reform Push
The Bache Review urges immediate action from President Wilson to raise all railroad freight rates by at least 5 percent and restore railroad credit. It calls for an official ICC announcement to approve rate increases and for a high level tariff commission to fix flaws in the tariff bill and guide efficient, workable policy.
MENTIONED IN THIS ARTICLE
Bache Review
Weekangn
Wilson
Virginia
Interstate Commerce Commission
Eastern Railroads
Reserve Bank Directors Nominations Fall Short in Banks
June 24 Reserve Bank Organization Committee reports only 488 nominations for six directors per twelve banks totaling 72 seats. Despite 7000 banks voting, District 3 led with 112 nominations while District 5, covering DC to parts of WV, submitted 30. There are 475 national banks in District 5.
MENTIONED IN THIS ARTICLE
Wearington
Reserve Bank Organization Committee
Federal Reserve Banks
New Jersey
Delaware
Pennsylvania
Columbia
Maryland
Virginia
North Carolina
South Carolina
West Virginia
Federal Reserve Act
State Banks Qualified for Federal Reserve Membership
Washington June 27 Fifty state banks and trust companies have qualified for membership in Federal reserve banks versus 7 500 national banks. The small number reflects state laws hindering stock ownership in other corporations. Only twenty states allow possible membership without law changes. Kentucky and South Carolina passed enabling acts since the act. New Mexico and Montana allow trust companies but not state banks to join. No effort was made to recruit state institutions. demand existed among some that met requirements.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Banks
Federal Banking
Treasury Department
Vermont
New York
New Jersey
Delaware
Maryland
Virginia
West Virginia
Kentucky
Teshensee
Ohio
Indiana
Iinois
South Carolina
Alabama
Mississippi
Arkansas
Texas
Arizona
California
Oregon
Federal Reserve Net
Federal Reserve Bank System
New Mexico
Montana
Reserve Bank Organization Committee
Reserve Banks
Marshall's Inc Formed To Merge Hat Firms In Mass
A Massachusetts corporation named Marshall's Inc is formed to acquire North American Hat in the New England Pur Company Bristol County Fat Works and Old Colony Hat Company. The capital is $700,000 with $200,000 in common stock.
MENTIONED IN THIS ARTICLE
Fall River
Massachusetts
New England Pur Company
Bristol County Fat Works
Old Colony Hat Company
Marshall's Inc
Stock Exchange For Week Highlights From Tribune Data
Weekly stock roundup shows share totals and price ranges for 1913 and 1914, listing highs lows and final figures across industrials and bank stocks. Notable banks and trusts notes include changes in price and market activity, with currency and sector movements reflected in the week’s summary.
MENTIONED IN THIS ARTICLE
Bank and Trust Company
Stock Exchange
Law
Pinal
Chan
French loan details and tax shifts rattle markets
Paris notes a national loan of 161 million dollars slated for July 7 at 91 price with a 4 percent income tax and new transfer tax on industrial securities. The new 2 percent rente is redeemable in 25 years and traded amid market weakness, while old 4 percent bonds slip. Tax changes provoke capital movement and concern among financiers, with experts warning on tax evasion fears. Directors across Fall River announce small dividends, totaling 20,000 on 1.6 million capital across Richard Borden Manufacturing and Weetamoe Mills.
MENTIONED IN THIS ARTICLE
Paris
République Francaise
Liberté
Ealité
Fraternité
Raphael Georges Levy
America
France
Tribune
Fall River
Richard’ Borden Manufacturing Company
Weetamoe | | Mills
Weekly Cure Table Interest Declared on Bonds
The weekly cure table outlines a 7 percent cumulative dividend for held bonds. Mortgage word bonds will be issued at the stated rate, with proceeds totaling $300,000. Officers listed include James Marshall as president and Robert Marshall as vice president, with Percy C. Guttre as treasurer. Directors are Enel J. Charlton Edward Barker Simeon Borden and Richard P. Borden.
MENTIONED IN THIS ARTICLE
Petterned Stork
James Marshall
Robert Marshall
Percy C. Gu
Enel J. Charlton
Edward Barker
Simeon B. Chase
Richard P. Borden
Chicago Great Western May Revenue Report
The Chicago Great Western Railroad reports May gross operating revenue of 1,090,016 dollars, down by 37,229 from the prior period, with net operating revenue after expenses at 108,868 dollars, down 596,852 from last year. Eleven months ended May show total gross revenue incomplete in the provided text.
MENTIONED IN THIS ARTICLE
Chicago Great Western
Chicago Great Western Railroad Company
World Markets Hold Steady Amid Global Pressures
London and European markets faced suspended trading last week as Irish, Mexican, and Far East tensions combined with the Claflin failure. Optimism centers on forthcoming autumn money ease with gold reserves near 200 million dollars. France Russia and Germany hold large gold stocks, while U S concerns include a domestic downturn tied to policy and railroads.
MENTIONED IN THIS ARTICLE
Ay Cavie
the Tribune
London
Mexico
Bank of England
Europe
France
Russia
Germany
United States
Wilson
New York
Navy Yard's Quick Relief After Salem Fire
A Navy Department report from Captain Coffman shows rapid food aid to Salem Mass within two hours of Governor Walsh's request. Three thousand pounds of bread were distributed with seven thousand more later, plus eleven tons of provisions. Governor Walsh praised the navy's promptness and value of the service.
MENTIONED IN THIS ARTICLE
Washington
Navy Department
Coffman
Boston Navy Yard
Salem
Mass
Walsh
Street Cleaners Memorial Service Held Downtown
A memorial service for Street Cleaning Department workers drew about 2000 people to St Anthony of Padua Church in Manhattan. Commissioner Fetherston led the procession, a department band played, and Father Aniceto Simical spoke in English while Father Steven Simi spoke in Italian. Sixty one department members died in the past year, distributed across Manhattan, Brooklyn, and the Bronx, with a call for continued dedication to public health and city sanitation.
MENTIONED IN THIS ARTICLE
Church of St. Anthony of Padua
Sullivan St
Houston
Princests
Washington Square
Fetherston
St. Anthony
Aniceto Simical
Steven Simi
Manhattan
Brooklyn
Bronx
Silviani
See Him Off at Steamer and Give Him Hunting Knife
The second week of Paul J Rainey’s African hunt pictures begins at the Casino this afternoon with new scenes of Wandarobos war dances and veldt marches. Rainey is surprised by a delegation of boys who saw him off on the steamer and presented him with a hunting knife. proceeds go to the Newsboys Fund.
MENTIONED IN THIS ARTICLE
Paul J. Rainey
India
Africa
Nowaboys
Rainey
Newsboys
Nechel Freighter Launched By Mallory Line For New York Galveston Run
Mallory Line announced a new freighter Nechel, launched at Newport News, will enter service between New York and Galveston within seven months. The 421 foot vessel displaces 11 000 tons with a 15 foot beam and features a large forward hatch, four overhead hatches, winches, booms and a derrick. Ventilation system upgrades designed for cargo and perishables are included in the ship’s decks and holds.
MENTIONED IN THIS ARTICLE
Mallory Line
Nechel
New York
Galveston
Newport News
Neche
Also Mentioned on This Page
Kauth Nachod & Kulm
New York - Leipzig
W. N. Goler & Co. Bonds
Cedar Street
American Public Utilities Co
IAF McConnell & Co
Pine St
John
Went
William P. Bonbright & Co
Wall Street
Caatec
Detroit
Tittam
Nonbrient & Co
Aris
Monbright & Co
Pforzh
Prairie
G. Vacuum Ou Eimer&co
Menldeham & Dinsmore
Way Read&Co
Nassau & Cedar Sts
Chicago
Philadelphia
Boston
Metropolitan | Trust Company ‘of the
Transac
United Fruit Company
Finance
H. B. Claflin Co
H. B. Clafin
Federal Reserve Currency
Bank of Germany
President Wilson
Reserve Bank Directors
Federal Reserve
Neot Utah Salon
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
Cockepur St
Boulevard Bausmson
Berlin
Unter den Linden
Ehic Great
Jerex Carpet
del & Hudson
Denver
Asain
Greveeres
General Cherntead Ca
General
Mfowers
Iihoois Cwmazal
Ietas
Ntar
Fednras Oicy
Islap Pratertet
Lactele
Clas
Lahuch Valles Tanantt & Meer
Ieeterred
Rivertoun
Norther Maette
Ontario
Rivet
Hweine
Putham
Heat Industrials
Riker
Ios Keenting Gum
Jaumebern Partiey
Hla
Rao Worle
Steel
Samoe Dard Oil
Migh
Low
Mikes Pt i
Tennessee
Continents
Glicza
Fegan
Hemett
Bovthern
Inka & Rubber
Aden Libhiant
Vetar Ghemteai
Iit
Wisconsin Central
Butte
Saad
Kerr Lake
Orashina Pac
Bland Rlver
Sean
Ividends
Fail River
the Sund
Joseph Clement Coll
Peggy-on
Saving Savings Banks
London Market
Acorn
Navy Yard
Union Dime Savings Bank
40Th Street
Sixth Avenue
Alex
W. Kinnan
Francia
Leake
William G. Ross
Seamen’s Bank
Daniel, Bain Gronge
M. Halsey Williston H
Benedi
Nort
Pevonue O
Ape
Dry Dock Savings Institution
Bowery
Cor
Sd St
Andricw
WM. Patter
Charles Mtemi
NEW York Saves Bank
William Pellinger
TAME
Wandling
Walter R. Bringeermofe
City OF
Ath Ave
Math Street
Alfred Rorlker
A. Koppel
United States Savings
Bath
Madison Ave
PEI
Ann Hante
Daly
Charles N. Paintor
Joan Hyslop
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