Injunction Fights Delaware & Hudson Dividend Plan
Temporary restraining order blocks the Delaware and Hudson from paying a 9 percent stock dividend for the coming year. Plaintiffs Hymans & Zoon of Amsterdam and John J. Keegan of Milwaukee hold debenture bonds. Hearings set in U S Circuit Court before Judge Ray with parallel actions in Supreme Court and another in federal court. Loree says suits seek speculation. bonds may convert to stock. Hepburn rate law clause disputed. Coal contracts proceed despite anticipated litigation over the law.
MENTIONED IN THIS ARTICLE
Delaware & Hudson Company
Hymans & Zoon
Amsterdam
Holland
John J. Keegan
Milwaukee
Ray
United States Circuit Court
Justice O'Gorman
Supreme Court
Cowing
William G. Nicholas
John H. Green, Jr
Emanuel Weingreen
Holt
United States
Circuit Court
André Higmans
Max Schoenfeld
Interstate Commerce Commission
Lores
Loree
Pennsylvania
New York
American Tobacco Company Year Report Reveals Bond Purchases
The American Tobacco Company releases its year ended December 31 report showing a surplus of 17,093,646 after preferred dividends, with 40,242,400 common stock outstanding. It notes $5,932,237 spent to buy and cancel 4 percent gold bonds and $499,956 cost to cancel 455,150 par value bonds, with assets totaling 274,467,971 and liabilities at 74,? months show shifts in goodwill and intangibles. The board also approved purchasing 37,455,000 in 4 percent gold bonds funded from surplus, reducing goodwill, patents, and trademarks. The statement excludes undivided earnings from subsidiaries as not declared as dividends.
MENTIONED IN THIS ARTICLE
Steck
Lifeas Life
Morton Trust Company
Board of Directors
Henry Parsons
George B. Parsons
E. I. du Pont de Nemours Powder Company
Menta
Eree
Cde
SIOSS SHEFFIELD REPORTS 1997 YEAR ENDED NOVEMBER 20
Sioss Sheffield Steel and Iron Trony Company releases its annual report for the year ended November 20, 1997, presenting income account comparisons and related financial figures. The document outlines revenue, costs, and net income in a concise format.
MENTIONED IN THIS ARTICLE
Sioss-Sheffield Steel and Trony Company
Western Union Declares 14 Percent Stock Dividend
Western Union Telegraph Company directors announce a 14 percent stock dividend for the quarter ending March 11 to be paid from $1,413 unissued stock. President Robert C. Clowry reports continued weak business and reduced revenues, offset by expense cuts across all branches, with a projected quarter net revenue of about $666,937 and nine months results showing a deficit compared with prior year.
MENTIONED IN THIS ARTICLE
Western Union Telegraph Company
Robert C. Clowry
James Stillman Resigns from Century Realty Board
James Stillman retires as director and executive committee member of Century Realty Company at the annual meeting. Frank A. Vanderlip succeeds him in both roles. Vanderlip also joins the boards of Union Pacific, Southern Pacific, and Consolidated Gas. Century adds John W. Gates and Paul Starrett to the board, reduces membership from twenty three to fifteen, and reelects officers.
MENTIONED IN THIS ARTICLE
James Stillman
Century Realty Company
Frank A. Vanderlip
Mr. Stillman
Europe
Union and Southern Pacific Railroad
Consolidated Gas Company
Vanderlip
John W. Gates
Paul Starrett
John D. Crimmins
W. F. Havemeyer
E. J. Levey
R. G. Park
E. C. Potter
Ernst Thalman
Securities Auction Report Highlights Large Bond and Stock Sales
Auction at the Exchange Salesroom by Adrian H. Muller and Son lists numerous securities sold under executors orders. Items include Equitable Gas Light Co. of Suffolk County stock and bonds, North Chicago Street R R first mortgage bonds, Edison Electric Light Co. assets division, Venus land and mining shares, and large blocks from Portland to New York firms with varied due dates and denominations. The record notes several preferred and common shares, private bank and trust holdings, and bond issues across multiple states.
MENTIONED IN THIS ARTICLE
Equitable Gas Light Co
Suffolk County
la Ligua Gold Mining Co
Pontifex Refrigerating and Ice Making Machine Manufacturing Co
Cremgece SS
Citizen's Trac
Oil City
Penn
Venange
Land Co
Harris Trust & Savings Bank
Edison Electric Light Co. Europe, Ltd
Toledo
People's Trust Co
Brooklyn
New York California
Elkhorn Mining & Milling Co
Boston-Colorado Copper Mining Co
Sine N Res
New York Building-Loan Banking In
Washington Life Insurance Co
Chicago
Indianapolis
Louisville
ELF
Coos
Quicksilver Mining Co
Indiana Natural and Illuminating Ges CO
Indiana Natural and Illuminating Gas Co
Lowland Chief Consolidated Silver Mining Co
Colorado
Washington National Bank
New York
United States Equitable Gas Co
Seattle Coal and Iron Co
Little Pittsburg Consolidated Mining Co
Orange (N. J.) Athletic Club
H. H. Warner & Co., Ltd
New Gregory Mining Co
Western Maryland R. R. Co
Sylvania
Venango Oil and Land Co
United Copper Co
Lewis B. Sharp
Francis A. Lowe
Robert L. Bright
Anril
Park Avenue
Rockaw Queens
Atlantic Ocean
Bow
People’s Brewing Co
Trenton
N. J
Nassau Bank
Casualty Co. of America
Virginiaron
Coal and Coke Co
The
Manhattan Co
Farmers’ Loan and Trustates
Louisville & Jeffersonville Brand Co
C. C. Co. & Louis Railway
Chesapeake & Ohio Tway
Chanical Rubber Co
Continental Insurance
Land & Toledo R. R. Co
Baltimore & Ohio R. R
Evansville & Indianapolis R. R
First Consolidated
Atlantic Brewing Co
American Tobacco Co
Jackson on Metropolitan Flan and Bank Liquidation
Attorney General Jackson issued a statement criticizing the Metropolitan Trust Company plan with Oriental Bank to liquidate the bank. He cites a $200,000 bonus and 6 percent interest as benefits to the trust, noting the bank would push depositors to move funds while Oriental quits business and transfers assets except for nontransferable items like its Clearing House membership.
MENTIONED IN THIS ARTICLE
Jackson
Metropolitan Trust Company
Oriental Bank
Mr. Jackson
Trust Company
Hamilton
Knickerbocker Trust Company
Clearing House
Big Standard Oil Dividend Declared for Shareholders
The Standard Oil Company will pay about 15 000 to six thousand shareholders this week as a 3 dividend of 15 a share for the first quarter. Dividend payable March 14. Last quarter paid 10 000 000, totaling 5 000 000 for six months. John D Rockefeller holds about 3 percent of the stock with equity in the recent sum.
MENTIONED IN THIS ARTICLE
Standard Oil Company
John D. Rockefeller
Pope Receivers Report on Pope Manufacturing Co Finances
Albert T. Pope and George A. Fale, receivers, filed February financials with the Superior Court clerk. The report shows January 31 balances of 23,257.06, February receipts totaling 217,244.92, deposits 204,039.05, and bank balance 14,659.05.
MENTIONED IN THIS ARTICLE
Hartford
Conn
Albert T. Pope
George A. Fale
Pope Manufacturing Company
Connecticut
Superior Court
Reorganization Plan Complete for Sheffield Iron Company
The Sheffield Coal and Iron Company committee has finalized a reorganization plan creating Sheffield Iron Company. It outlines 70,000 first mortgage twenty year bonds, 750,000 preferred stock and 2,500 common stock. Subscriptions for new money determine consummation. Stockholders receive bonds, preferred stock, and new common stock in proportion to current holdings. Bonds are taken in at loan and interest amounts for which they were collateral.
MENTIONED IN THIS ARTICLE
Sheffield Coal and Iron Company
Sheffield Iron Company
Metz Advocates Local Burden for Subway Improvements
Controller Metz urged that assessments for subway improvements be borne by the locality that benefits. In a Public School 165 lecture on the Finance Department he supported subways for the East Side and The Bronx but objected to other boroughs paying. He warned that exempting the dock and subway bonds would enable the city to borrow about 125 percent more.
MENTIONED IN THIS ARTICLE
Finance Department
Metz
East Side
Bronx
Saic
Seaboard Trust to Dissolve at March Meeting
Notices sent for voting trust dissolution of the Seaboard Air Line Railway on March 33. Trust controlled by Ryan Blair interests, with J Levis reporting. Related items include a Little Kanawha syndicate receiver petition by John S Jones and Gould managers. Davis Coal and Coke receivership settled. Chicago Board of Trade says Buenos Aires to start futures trading. NCR says NSK temporarily closing Dayton plant due to local disturbances.
MENTIONED IN THIS ARTICLE
Richmond
Seaboard Air Line Railway
John Skelton Williams
New York
Ryan-Blair
J. Levis
John S. Jones
Chicago
Little Kanawha Syndicate
George J. Gould
West Virginia
Ohio
St. Luis Bank
Baltimore
Davis Coal and Coke Comp
Western Maryland Baroad
Lynch & Read
Morris
Western Maryland
Davis Coal and Coke Company
Chicago Board of Trade
Buenos Aires
United States
Dayton
National Cash Register Company
Railroad earnings across major lines for 1906 07 and 08
A dense summary lists earnings and miles for lines including Buffalo Rochester Pittsburg, Minneapolis St. Louis, Missouri Pacific, Canadian Pacific, Iowa Central, Texas & Pacific, Western Maryland, Southwestern, Wabash, Pacific, Atlanta Birmingham Atlantic, and Chicago Alton. Data covers first week in March, July 1 to March 7 figures, miles operated, gross and net earnings, operating expenses, and balances for interest.
MENTIONED IN THIS ARTICLE
Buffalo
Rochester & Pittsburg
Minneapolis & ST. Louis
Missouri Pacific
Central Branch
Iowa Central
Texas & Pacific
Western Maryland
ST. Louis
Chicago
Alton
Toncome Pal
ORL
LOG Inc
Baltimore Stocks Cobalt Stocks in Toronto
Stewart and Lockwood continue the daily stock report from Toronto listing cobalt prices and market activity.
MENTIONED IN THIS ARTICLE
Cobalt
Toronto
Stewart & Lockwood
Willis, Stewart & Co
Exchange Place
Livestock Market Report Dense with Prices and Shipments
New York market receipts 68 cars including 49 for slaughterers 19 for the market. Steers scarce but sold at firm prices while bulls and cows steady at local yards. higher on Jersey City. Various firms reported large lots with detailed prices for cattle calves milch cows sheep and hogs as shipments to Liverpool and London cited and multiple sales by McPherson Curtis Tobin Shannon Jellife Wright & Co Newton & Co Judd & Co George & L S Dillentback and others.
MENTIONED IN THIS ARTICLE
New York
Jersey City
Liverpool
London Cables
Victorian
J. Shamberg & Son
Schwarzschild & Sulsberger
Morris Beef Company
Oceanic
Swift Beef Company
McPherson & Co
Kentucky
Pennsylvania
Newton & Co
Tobin & Shannon
J. G. Curtis & Son
Andrew
Mullen
Tsindrew
Liiffe, Wright & Co
John Ducer
George & L. S. Dillentack
W.R. Hume
A. McCabe
Andrew Mullen
H. H. Hollis
Judd & Co
Springer
Slauchteers
Jelllife
Wright & Co
W. R. Hume
George & L. S. Ditlenback
Nelson
Somi
Shannon
S. Sanders
S. Judd & Co
Es Tobin & Shannon
Kerns Commission Company
Saez Tse
Brook Ferry Union Ferry and New York Central lines notes
Fragmentary OCR notes refer to the Brook Ferry and Union Ferry facilities, with mentions of the New York Eastern Railroad and general 3 percent bonds. The readable portions indicate securities and transit related terms without complete context.
Liverpool March 11 Wheat and corn prices steady in London market
Spot wheat No 2 red Western winter quoted 7s 4d with futures steady for March May July. Corn prime mixed American steady at 6s 14d. old firm despite weak notes. Butter and lard markets show limited activity. beef, hams, and bacon prices vary with regional demand. Oil, turpentine, and resin items muted in trading, with limited price movement across listed commodities.
MENTIONED IN THIS ARTICLE
Liverpool
London
Pacific Coast
Also Mentioned on This Page
NEW D. & H. Injunction
American Tobacco
American Tobacco Company
Surya
SLOSS
Sheffield
Ff. Marion
Crawford
Ruby
Sunday’s Tribune
Asiz
Sun‘pans Tribune
Western Union
Clowry
E. I. DU Pont DE
Exchange
Adrian H. Muller & Son
Metropolitan
Oriental
Standard Oil
Pope Receivers Report
New Corporation
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Eyer & Co
Wall Street
Mt . May
Alb & Susg
Hast & Conn W
Alb & Vermont
Jull Cent
Aliesh & West
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Am Tel & Cabie T Su Lsnare&c
Ar & C
la & Mo
Arose Aus & Saveens
Lowel
Beech Creek
Mahon Coal
Berkshire
Essex
Bost & Albany
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Lowell
Nashua
Low
Bost
J Trans Co Se Bway & 7Th Av
Y & Gariem
Brooklyn City
Iso — Nyl& W. Cam & BR
Ninth Avena
Cataw Ls
North Carolinaa
Cayuga & Susq
Nrrof NI Cpn&er
North Penn
Ise
Chat’chee & G
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Nor & War Pt
Orden
Chris
Cleve & Pitts
Oswego & Sy
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Pac
At Tel Com Union
Concord & Mon
Pat & Ramapo
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Peoria & B
C & Pass Pt
Phil & Trenton
Conn River
Dei & Park
Imo
Pet Hills
Pius Fix
East Penn
Iso East Mahanoy
Pitts Hick
Avenue Prov & Werc
Eighth
William
Renns & Sara
Eim & Do
Roch & Gen Vy
Erie & Kalam
Second Avenue
Erie & Pitte.gret
Sixth Avenue
Fitchburg
Southwest RR
Asé&G
Twenty
Third St
Fracklin Tel
MNJER
Gold & Stk
Utica
Clinton Gilbert
America
Liberty
Ae Arm Exch
Lincoln
Manhattan
Cosoa
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Market & Ful
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Butch & Drow
Arene
Cosal & I
Merchar
Tury Eesece Toiss
Hants
Mou Morris A
Arham Am
Mutual Ak *Chemical
Jou Nisan
Mt Cent
Ovens
New Nether Ou Sea
Columbia
Riverside
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Gallatin
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Twelfth Ward
Greenwich
Hanover
Interborough
Washington Tee Irving
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Yorkville
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Norf Rr & L
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Chas City
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Ner Cent Ry
Boston
Day & Co
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Cal & Hecla
USA
St Copper Range
Franklin
Nynh & H
Old Colony
West End St
Bos Mass Lec
Cos - St
No Butte J Osceola
Tel & T Co
Old Dom
New Eng
Parrot
Quincy
Tamarack
UN Shoe
Wolverine
Smellers Co
Sas Arcadian
Atlantic
Utah
Nova Sceptia
Temiskem
Kerr Lake
McKinley
Red Rock
Nipissing
Consolidated Exchange Sales
Balt & Ohio
Ches & Ohio
Gt West
Cot Fuel & I
Col Southern Sore
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Louis & Nash
Mo Kan & T
hMo Pac
Nor Pac
Pac Mall
Steeis
Tas
Southern Pac
Southern
Texas Pac
Union Pac Br Bs
US Steel
Wabash
Gale
Blue Bell
Best & Belcher
Choliar
Ambina
Cal & Va
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el Paso
Goldfield
Isabella Goldfield
U- Kendall
Io Ontario
Cl - Portland
Peat Nanns
HS Tours & Pi&a
Pense Ua
Gols
Siz
Srason
Uest
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Cologne
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Augsburg
Saxony
Hamburg
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Brook Ferry
Do &S
Union Ferry
Jackson Gas
Kan City
Lafay
Bingham Gas
Mutual
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Denver Gas
Fort W
St & Tr
St Paul Gas Se
Syra
Indianapolis Gas
Syra St & P Se
Interes
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Mathil
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Plaintif
Joan A. Tilly
Achille J. Oisheil
Broadway
Borough of Manhattan
N. Y
State of New York
Purevant
James Fitzgerald
Supreme Court of
County of New York
Achille J. Oishet
Borough of
City
Atlantic City
Dennis
Walter J. Buzby
Warlborough- Blenheim
San
Josiah White
Nishings
Traymore
Traymore Hotel Company
CHAS
Marquette
D White
Foodie
Haddon Hall
Leeds & Lipp
Chalfonte
Leeds Compant
Alenhall
Morton Virginia
N. B. Haines
Holmhurst
SATS _eTry
Monticello
Lakewood
Paris
James M. Berry
Kewood
Laurel House
D. P Simpson
Laurel-In-The-Pines
Frank F. Shute
Lake Wood
Palmer Rouse
Main St
East Orange
Grove St
Oranges
Palmer House
A. N. Messer. Propriecter
the Inn
Montclair
Montclair Hotel
Briarcliffe Lodge
Briarcliff Manor
Will Dres
D. E. Plumer
Virginia
Rot Springs
Sears
Berytda
St.george
Perlitz School OF Languages
Madison Square
Iiss Baetwere Hartem
Lenox Ave
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Court St
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Mra
M. J. Young Fulton
Union Squamm