Injunction Sought to Stop Delaware & Hudson Dividend
A temporary injunction restrains the Delaware and Hudson from paying a 9 percent dividend on stock declared last December. Plaintiffs Hymans & Zoon and John T. Keegan, large holders of debenture bonds, seek relief in federal court and related actions linger in Supreme Court and circuit court. Loree defends the suits as speculative, citing ongoing contractual coal deliveries and potential bond conversions.
MENTIONED IN THIS ARTICLE
Delaware & Hudson Company
Hymans & Zoon
Amsterdam
Holland
John T. Keegan
Milwaukee
Supreme Court
Cowing
William G. Nicholas
John H. Green, Jr
Emanuel Weingreen
Justice O'Gorman
Holt
United States
Circuit Court
André Higmans
Max Schoenfeld
Interstate Commerce Commission
Loree
Ccs Delaware & Hucson Company
Pennsylvania
New York
American Tobacco Company reports year end figures for 18__
The American Tobacco Company issues its year end report showing income and surplus figures. It details earnings for 1207 Xet, reductions, costs, and a sizable surplus after dividends, with a balance sheet as of December 31, 1997, noting asset totals, liabilities, and buybacks of gold bonds. It also mentions trust deposits and bond purchases, and excludes undivided earnings from affiliate holdings.
MENTIONED IN THIS ARTICLE
American Tobacco Company
Ecepeca
Morton Trust Company
Board of Directors
Sioss-Sheffield Steel and Iron Company
Saitanmencee Neasurplus
E. I. du Pont de Nemours Powder Company
Eee
Pomona
Parsons Elected to Board as Directors Re-elected
Sloss-Sheffield reports depreciation deduction and a deficit with a surplus of 993,286 dollars available for common dividends equal to 9.93 percent on ten million dollars of common stock. At yesterday’s annual meeting Henry Parsons was elected a director to succeed the late George B. Parsons, and the other directors were re-elected.
MENTIONED IN THIS ARTICLE
Henry Parsons
George B. Parsons
Western Union Declares 1 Percent Stock Dividend
Western Union Telegraph Company directors declared a 1 percent stock dividend for the quarter ending March 11 drawn from unissued stock totaling 1,413,000. The move follows a prior quarterly dividend action, with President Robert C. Clowry noting continued national business weakness but expense cuts offsetting revenue declines. Net revenue for the present quarter is estimated at 666,937 after fixed charges.
MENTIONED IN THIS ARTICLE
Western Union Telegraph Company
Robert C. Clowry
Du Pont Powder Real Estate Securities Adjustments
Extraordinary adjustments and profit and loss on sale of real estate securities. A debit in 1907 and 1906 and a credit in 1905. Includes interest on outstanding bonds and interest adjustments and dividends on subsidiary company stocks.
James Stillman Resigns from Century Realty Board
James Stillman retired as a director and executive committee member of Century Realty at the annual meeting yesterday, succeeded by Frank A. Vanderlip. Vanderlip also joins as a director of Union and Southern Pacific railroads and Consolidated Gas. Century Realty adds John W. Gates and Paul Starrett, reduces board from twenty three to fifteen, and re-elects 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. Cc. Potter
Ernst Thalmann
W. H. Chesebrough
H. S. Black
R. G. Babbage
P. A. Valentine
Oakleigh Thorne
J. §. Kuhn
C. T. Barney
George E. Coleman
C. F. Hoffman
James Jourdan
Charles W. Morse
Robert H. McCur
Securities Auction Shows Wide Range of Transfers
Securities were sold yesterday at the Exchange Salesroom by Adrian H. Muller & Son under executors orders. The list includes 16 shares Equitable Gas Light Co Suffolk, 100 shares The La Ligua Mining Co, several bonds and mortgages such as North Chicago Street R. R. Co 1st mortgage, 70 shares Edison Electric Light Co Europe assets division, and 90 shares Washington Life Insurance Co, among other items. Names include The Porttex Refrigerating and Ice Making Co, Life Association of America, Venango Oil and Land Co, United Copper Co, and Citizens Traction Co. Also noted are bonds due 1907 to 1929 and various certificates of deposit, with totals reflecting a broad assortment of securities transferred by order of executors.
MENTIONED IN THIS ARTICLE
Equitable Gas Light Co
Suffolk County
La Ligua Geld _Mining Co
Tex Refrigerating and Ice Making Machine Manufacturing
Edison Electric Light Co. of Europe, Ltd
Reso
Caieseiecates
Washington Life Insurance Co
Chicago
Indianapolis
Louisville
Obeal
Quicksilver Mining Co
Indiana Natural Ana Illuminating Somesog
Nieninale
Marrland R. . &O
First Mort
Citizen's Traction Co
Oil City
Penn
Venango Oil and, Land Co
Pennsylvania
Venango Oil and Land Co
United Copper Co
Lewis BE. Sharp
Francis A. Lowe
Robert L. Bright
Park Avenue
Rockaway
Queens Borough
New York
Atlantic Ocean
People’s Brewing Co
N. J
People's Trust Co
New York California
Elkhorn Mining & Milling Co
Boston-Colorado Copper Mining Co
Beng-Leoan Banking Co
Indiana Natural and Luminating Gas Co
Lawland Chief
Consolidated Silver Mining Co
Colorado
Washington National Bank
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
Esseesseesnessee
Nassau Bank
Casualty Co. of America
Virginia Iron. Coal and Coke Co
The
Manhattan Co
Farmers’ Loan
Louisville & Jeffersonville Bridge Co
Thee Co
Chesapeake & Ohio Ally
Cseres Rubber Co
Co Insurance Co
Pittsburgh & Toledo EF. R. Co
Iast
Baltimore &Hio R. R
Evansville & Indianapolis R. RK
Baeres Atlantic i
American Tobacco Co
Carnegie Trust Co
Cccc
Ceseee
Metropolitan Plan Promoted by Jackson in Bank Liquidation
Attorney General Jackson defended the Metropolitan Trust Company plan to liquidate Oriental Bank, highlighting a $200,000 bonus and 6 percent interest as benefits. He noted the bank would push depositor transfers while Oriental agrees to quit and transfer assets except nontransferable items like Clearing House membership and furniture.
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 million dollars this week to six thousand shareholders, a dividend of 15 per share for the first quarter. Last quarter disbursements totaled 10 million, bringing six months to 35 thousand dollars. John D. Rockefeller holds roughly 1 percent of the stock with an equity near 230 thousand dollars.
MENTIONED IN THIS ARTICLE
Standard Oil Company
John D. Rockefeller
Pope Receivers Report From Pope Manufacturing
Hartford March 11 Albert T Pope and George A Yale receivers of the Pope Manufacturing Company filed with the Superior Court clerk their February report showing January 31 balances of 23706 in banks and cash in office. February receipts totaled 11724492 with deposits 10463905 and bank balance 10163905.
MENTIONED IN THIS ARTICLE
Hartford
Conn
Albert T. Pope
George A. Yale
Pope Manufacturing Company
Connecticut
Superior Court
Seaboard Trust to Dissolve. Other Market Notes
Richmond notices call a voting trust meeting for March 22 to dissolve the Seaboard Air Line Railway trust tied to Ryan Blair and New York interests. St Louis reports John S. Jones seeks a receiver for the Little Kanawha syndicate, with George Gould among managers, coal lands sold and proceeds in a bank. Baltimore notes dismissal of a Davis Coal and Coke receiver petition with the Western Maryland Railroad receiver to handle obligations. Chicago reports Buenos Aires grain exchanges plan future-delivery trading. Dayton says National Cash Register temporarily shut down due to local conditions, aiming to resume soon.
MENTIONED IN THIS ARTICLE
Richmond
Seaboard Air Line Railway
John Skelton Williams
New York
Ryan-Blair
St. Louis
Mareh J
John S. Jones
Chicago
Little Kanawha Syndicate
George J. Gould
West Virginia
Ohio
Baltimore
Davis Coal and Coke Comy
Western Maryland Railroad
Lynah & Read
Morris
Davis Coal and Coke Company
Chicago Board of Trade
Erain
Buenos Ayres
United States
Dayton
National Cash Register Company
Reorganization Plan For Sheffield Iron Company Completes
The Sheffield Coal and Iron Company plan for reorganization is submitted to bondholders and stockholders. A new Sheffield Iron Company would issue 730000 first mortgage twenty year 5 percent bonds and 750000 six percent non cumulative preferred stock with zero common stock. Subscriptions are needed to finalize the plan. Holders of current bonds and stock receive bonds, preferred stock and new common stock in proportion to their existing holdings. Bonds will be taken in at their loan and interest as collateral.
MENTIONED IN THIS ARTICLE
Sheffield Coal and Iron Company
Sheffield Iron Company
Metz Advocates Local Subway Funding in Public Speech
In Public School 16, Controller Metz urged assessments for improvements aimed at areas directly benefited, backing subways for the East Side and The Bronx while opposing cross-borough payments. He warned that exempting the dock and subway bonds could boost city borrowing capacity by about $125,000 and enable more subway construction.
MENTIONED IN THIS ARTICLE
Finance Department
Metz
East Side
Bronx
Baltimore Stocks Coblt Stocks In Toronto
Cobalt stocks in Toronto appear in daily market listings compiled by Stewart and Lockwood successors to Wills Stewart and Co at No 43 Exchange Place. The note indicates ongoing price reports and stock movements amid Toronto listings.
MENTIONED IN THIS ARTICLE
Clinton Gilbert
Wall Street
America
Tadelone Coo Nniennum Exchange
Lincoln
Na National
Manhattan Co
Oso Rattry Park
Market & F al
Metropolis
Bronx Bowery Mechanics
O Borough
Mercantile
Iso Metropo
Chase
Mo Morris Ane Chatham An
Nassau
City
New Netherland
Chelsea Exch
County
Columbia
Pfic
Fidelity
Park Ceveseres
Bombak
Fifth National A
Pt Phenix
Fifth Avenue
Plaza
Fourteenth
Riverside
Gallatin
Garfield
Cobalt
Toronto
Stewart & Lockwood
Wills, Stewart & Co
Exchange Place
LIVESTOCK MARKETS REPORT WITH STEADY PRICES
New York market report shows receipts of 68 cars cows bulls steers and calves with varied prices. Bulls and cows steady at Jersey City and market levels mixed with fat oxen around $190 and cows up to $435. Dressed beef weak then firmer in force. veal and milch cow sales listed. Sheep lambs and hogs sold with generally steady to firm trends, multiple firms and buyers noted including McPherson Co, Jelliffe Wright, S Judd, Tobin & Shannon, and Newton Co. Shipments from Victorian and Oceanic lines detailed with cattle and beef quarters allocated to Morris and Swift Beef companies.
MENTIONED IN THIS ARTICLE
New York
60Th Street
Jersey City
Liverpool
London
Victorian
J. Shamberg & Son
Schwarzschild & Sulsberger
Morris Beef Company
Oceanic
Swift Beef Company
McPherson & Co
Kentucky
Pennsylvania
S. Sanders
Newton & Co
S. Judd & Co
Tobin & Shannon
J. G. Curtis & Son
Andrew Mullen
Aorey
Shiifferight & Co
A. McCabe
H. H. Heilig
Es—Receipta
Jelliffe
Wright & Co
G Curtis & Son
H. H. Hollis
W. R. Hume
George & L. S. Dillenback
John P. Nelson
S Judd & Co
Newton “O
Ieemmt
Sanders
Posneylvania
Ateraa Commission Company
George & Ie S. Ditlenback
Jeliffe, Wright & Co
Bio. Asked Bid. Brooklyn Ferry 2
Fragmentary notes list bids and asks for Brooklyn area ferries and a Union Ferry. Includes boarding points like 116th and 234th Streets and references to different lines with prices or rates in a cryptic ledger style. No clear event, date, or full names readable.
MENTIONED IN THIS ARTICLE
Brooklyn Ferry
Union Ferry
Liverpool Market Report March 11 Closing Prices
Wheat spot and futures move mixed with No 2 red Western at 7s 4d spot and March 7s 11 4d while May and July futures show 6s 11 7d and 7s 14d. Corn steady with prime mixed American at 6s 1 2d and old 5s 1 Ad. winter goods dull. Hops quiet in London Pacific Coast at £1 10s 4d per 100 pounds. Beef and pork cuts show varied prices with bacon and lard steady to dull, butter and cheese firm for Canadian and American grades. Turpentine spirits quiet. rosin steady. petroleum refined quiet. linseed oil easy.
MENTIONED IN THIS ARTICLE
Liverpool
London
Pacific Coast
Los
Belf
India
United States
Also Mentioned on This Page
NEW D. & H. Injunction
American Tobacco
SLOSS
Sheffield
E. Marion
Crawford
Ruby
Sunday’s Tribune
Asiz
Sunans Tribune
Western Union
Clowry
E. I. DU Pont DE
A Century Realty Company
Exchange
Adrian H. Muller & Son
Oriental
Standard Oil
Pope Receivers Report
Buffalo
Rochester & Pittsburg
Canadian Pacific
Iowa Central
Manis Hae
Minneapolis & ST. Louis
Missouri Pacific
Central Branch
Louis Southwestern
Texas & Pacific
Wabash
Western Maryland
Northern Pacific
Atlanta
Birmingham
Atlantic
Alton
Lowell & and
Beech Creek
Mahon Coal
S&f F
Morris & Essex
Bost & Albany
Nash & Decatur
Bost Lowell
Nashua
Low
Bost
J Trans Co
Bway & 7Th Av
Iso Nyl&w
Brooklyn City
Ninth Ave
Cam & BR R
North Carolina
Cetaw Ist
NRR
Cayuga & Susq
North Penn Ca
Ensie Iso Cpn
Ee & G
Northwest Tel
Ch & E
Ogden Mine
Chris
Cleve & Pitts
Oswego & Syra
Col & Xenia
Se Pac
At Tel Com Union Me
Pat & Hud Riv
Concord & Mon
Pat & Ramapo
Conc & Potts
Peoria & B Vy
Cc & Pass Pf
Phil & Trenton
Conn River
Pits Ball E
del & Pd Brk
Pitee F . Ww & C
Pet Hills
East
Pitts McK
East Mahanoy
Eighth Avenue
Renns & Sara
Bim & William
Red & Gen
de Pref
Erie & Kalam
Second Avenue
Erie & Pitts
Sixth Avenue
Southwest RR
New Corporation
New York City
Eyer & Co
Viera
Mayo
van Schalck & Co
United Railway
Norf Ry & Ss Ao
Ight & Ae
iFity & Dep
Consol Gas
Maryland Trust
New Cent Ry
Boston
R. aed = Co. Med
S ‘Asa
Cireus
Fitchbure
Franklin
Nywn H & H
Granby
Old Colonyes Mass Con
St Ry
Mohawk
Butte Bos Mass
Quincy
Tamarack
Wolverine
U S
Arcadian
Mass Ga
Shannon
Utah
Bingham
United Fruit Ui
Buffalo Cavenhl
Nova Scotia
Oyterson Lake
Coat Lake
Silver Leaf
Coniagas
Trethewey
New Temiskam
Red Rock
NEK Acon CS
Consolidated Exchange Sales
Anaconda Sa
Balt & Ohio
Brook R Tran
Can Pacocee
Ches & Ohio
Chic Gt West
Mi & St P
Cot Fuel & I
Col Southern Can
Dist
Erie Wenn Eee Enees
Gt Northern Pf
Louis & Nash
Kan & T
Mc Pac
Nat
Gata
Pac
Pac Mall
People’s Gas
Reading & Rep Stee
Southern Pac
Southern Ry
Texas Pac
Union Pac
U S Steel
Ing
Rest & Belcher
Con Cal & Va
Goldfield
Kendall
Ontario
Ophir
Ifrog
Portland
Bush
Ferry Companies
Hexdriskson
Abkalib x Pi
Palm River
Benue Oe
Foreign Government
Cologne
Bavarian
Munich
Augsburg
Saxony
Hamburg
Jackson Gas
Kan
Lafay Gas
de Am
Mutual
Do Pretemaes
Denver
Teeh Paul Gas
Syra G
Indiamapelis Gas
Syra Lt & P Se
Preme Court
New York County
Mathil A Tilly
Joan A. Tilly
Achille J. Oisheil
Broadway
Borough of Man
State of New York
Purevant
James Fitzgerald
Supreme Court of
County of New York
Achille J. Oishet
Borough of
Manhattas
New Jersey
Atlantic City
Dennis
Walter J. Buzby
Marlborough - Bienheim
St- Atlantic City
Hite & 3Ons
Hotel Traymore
Atlantic City, N. J
Marquette, D
Haddon Hall
Leeds & Lipp
Chalfonte
W. J. the Leeds Company
Galen Hal Hall, Na
Morton
Beach
Apacity Ry
N. R Haines
Holmhurst
Seaside House
Erry
Sators
Morticeles
Lakewood
Paris
Connt
James M. Berry
Laurel House
Laurel-In-The-Pines
Tncept
Main St
East Orange
Grove St
Oranges
Palmer House
Reed See
N. Messer
Mills-In-The-Pines
New
Cambridge
I Air
Montclair In Pariorg
Montclair Hotel CO
Briarcliff
Briarcliff Manor
D. B. Plumer
Iirginia
Virginia Hot Springs
Alphin
Hook
Sarints
Bermuda's
Berlitz School OF Languages
Madison Square
Harlem
Lenox Ave
Brooklyn Court St
Newark
Foreign Teachers’ Agency
J. Young Fulton
Asios Square