This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 11 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 29, 1917
Page
2
Mills Muildine notes May 1917 railroad reports show Union Pacific and Baltimore & Ohio rising, Norfolk & Western weak, Southern Pacific strong, and Baltimore & Ohio setting a May revenue record. Four railways record a 56 percent combined income gain since 1913, with traffic expanding 13 percent over 1916 and 69 percent over 1914.
The market showed easing with the day’s rates slipping to 4 to 6 percent on time loans against brokers’ collateral and 5 percent on most business. A broader fund supply boosted mixed collateral loans while gold movements and foreign exchange trends influenced across global banks and London money rates.
The American Car and Foundry Company closed its year April 30 with record profits from munitions production. Net earnings reached 10.31 million, after charges, while total profits before repairs and renewals stood at 17.62 million. Dividends totaled 1.95 million with 2.4 million in reserves. common stock at 27.37 a share. The president noted strong orders from governments and a healthy outlook, despite high material costs and railroad financing pressures.
Judge Thomas in Hartford appoints Fawin Higgins as receiver and William Garcey as controller for Hopkins & Allen Arms Company of Norwich. Andrews Parker, of Hartford, named for recovery duties. Wells-Fargo Piano rifles priced at 27 dollars each with 10 000 sites at 28 dollars. About 11 000 rifles involved.
The Hopkins & Allen successor arms plant faced slow rifle deliveries and layoffs. 1,500 on payroll days ago with only a few now working. Billings & Spencer claims $64,664 goods and notes totaling over 760,000 plus 500,000 ignitors. Massachusetts corporation with 3,193,300 capital. Receivership petition argues plant value exceeds debts. Higgins represents the arms company, Garcey the Belgian government, Parker the petitioners.
Three firms announced extra dividends: American Shipbuilding 3 car cent on common stock payable volse 20 to holders of record July 6. New Jersey Zine 4 per cent payable July 10 to stock of record June 30. Sullivan Machinery 1 per cent payable July 14 to stock of record July 21. Regular dividends were also declared for the same dates. Baltimore & Ohio May gross revenues 13,473,255. net operating revenues 7,170,500. largest expense rise in transportation. Union Pacific May gross 8,551,202. maintenance costs up. freight and passenger revenues noted. Canadian Pacific May gross 14,805.10. net earnings 4,551,720. five months profit up. International Paper stock fell after Washington advised FTC action against monopolies. Cities Service directors propose eliminating par value. exchange plan announced. W H Beymer named controller of Hulliners Central Railroad. successor to M B Hlaulvelt named VP of Lehigh Valley.
Overview of total bank reserves and deposits with Federal Reserve banks, ratios of reserve to deposits, and notes on gold reserves. Includes figures for industrial and railroad stock prices, food cost index, U S steel orders, pig iron daily average, crop yields, freight car distributions, airline clearings, and railroad earnings with notes on reserve gold inclusion.
The Chicago, Rock Island & Pacific Railway board elected James A. Patten to replace Warfield on the board and Beman G. Dawes to fill his brother C. G. Dawes’s former position. Executive and finance committees were reshaped with Patten, Dawes, Boisot, and Gorman on the executive panel and Amster as chairman. Scott and Speyer joined the finance committee. Rumors say Rock Island will issue new 7 percent preferred stock with a cash payment of about $1 per share to reorganization holders, and a $479,129 cash payment for 6 percent preferred stock will occur when issued. the new securities are expected in a few days.
Howard Elliott was elected a director and executive committee member of the Northern Pacific at a Tuesday meeting. Formerly president of the Northern Pacific and head of the New Haven railway, he retired as New Haven chairman on April 1 and has since led a special intercorporate affairs committee and contributed to the National Defence railroad committee chaired by Fairfax Harrison.
London and Paris markets report subdued activity with a cheerful tone on war prospects. Argentine rails and foreign bonds strong, shipping shares notable, American securities flat. Du Pont-Savage suit settled and Clearing House amendments adopted to align reserves with federal law. Seats price fell, transfers noted. new members elected.
Summary of corporate financials showing net earnings after taxes and five month growth for major railroads Norfolk and Western Huffaro Rochester and Pittsburgh and Delaware Lackawanna. dividends declared by Carsling Chemical, Hamilton Woolen, Wells Fargo, Inspiration Consolidated, and Hell Telephone Company with payment dates and record dates. notes on preferred stock dividends and June 20 record dates. mixed figures indicate growth and tax effects for 1917 1918 periods.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.