Sugar trust issues first annual report to stockholders
The American Sugar Refining Company released its first annual report to stockholders after years of private reporting. It shows net earnings of 8,749,292 for the year ending December 28, 1907, and a surplus of 2,443,362, with total surplus 25,576, etc. Directors stress prudent dividends and discretion in information. Cisus A. Spreckels criticizes the release as incomplete and seeks clarity on refinery ownership and forthcoming stockholder communications.
MENTIONED IN THIS ARTICLE
American Sugar Refining Company
Massachusetts
Cisus A. Spreckels
Wno
Federal Guest Refining Company
Howett
Havemeyer
W. B. Thomas
Havesmeyer
Anc
Polote
Having &Aree Teserve
Mamely
Cubs
United States
Eeserer
Fira Insurance Reserve Fund
Cafita
Claus
Sprekels
Mr. Spreckels
Gar
W M Farlane Appointed To Defend Morse
Eugene P Carver announced that Wal dere MacFarlane former U S Attorney has been retained to defend Charles W Morse in federal criminal chargers. Supreme Court records show a motion by Philip J Britt denied by the Criminal Branch of the Biaperie Court as a special grand jury indicted Morse on a perjury charge.
MENTIONED IN THIS ARTICLE
Eugene P Carver
Waldere MacFarlane
United States
Charles W. Morse
Criinal Chargers
Sustike Dowling
Biaperie Court
Philip J. Britt
Morse
Mspers
Sperial Grand Jury
New York Law School Plans Modern Fireproof Building at Fulton
The New York Law School erects an eleven story fireproof building on Fulton street occupying lots 172 and 174 with occupancy targeted for May 1. The site faces BePects churchyard and BePects light provides north and side illumination. A subway station at Broadway Fulton Church remains nearby. The Law School will use the four floors, with a separate elevator entrance for exclusive use. rest of building to be leased, first floor likely for a bank or trust company. Vacuum cleaning system and 24 large electric elevators planned. only filtered air to be used. Several offices marketed through Meyang real estate brokers due to location.
MENTIONED IN THIS ARTICLE
New York Law School
Fulton St
Broadway
Hudson River
Fulton and
Church Sts
Meyang
Saaing
Illinois Tunnel Company Plan Outlined for Capital Unification
The Illinois tunnel firm plans to unify capitalization with Chicago Subway, with the Subway Company owning the majority stock. Details show outstanding 5 per cent preferred and a large block of common held by related entities. Officials indicate plan near completion and await official announcement.
MENTIONED IN THIS ARTICLE
Chicago Subway
Subway
Illinois Telephone Construction Y
Chicago
Threaten Coal Strike Sparks In Pittsburgh District
Independent coal operators in Western Pennsylvania Ohio Illinois and Indiana report that United States Steel Corp has intervened to prevent an April 1 strike. Steel favors signing miners’ scale before April 1 while storing coal worsens steel quality. Pittsburg Coal Co contracted to supply mills for 25 years urged signing. Independent leaders vow to run their own business. President Feehan of the miners plans a meeting tomorrow.
MENTIONED IN THIS ARTICLE
The
Tribune
Pittsburg
United States Steel Corporation
Pennsylvania
Ohio
Ilinois
Indiana
Steel Corporation
Pittsburg Coal Company
New York
Feehan
Peters Elected Director of Reorganized Knickerbocker Trust
Samuel T. Peters of William & Peters coal merchants is elected director at the Knickerbocker Trust Company board meeting. New president Charles Hallam Keep arrived from Albany and will oversee reopening plans. Depositors may receive 30 percent surplus and 70 percent balance by mail on opening day. Receivers seek 5 percent fees, but may be limited by Justice Clark.
MENTIONED IN THIS ARTICLE
Samuel T. Peters
William & Peters
No. 1
Broadway
Knickerbocker Trust Company
No. 20
Broad Street
Charlies Hallam Keep
Albany
Public Service Commission
2D District
Justice Clark
Preferred Deposits Paid in Oriental Bank Liquidation
The Oriental Bank paid off preferred depositors, mostly savings banks with about 600 dollars claimed, via Metropolitan Trust Company checks. Other depositors were asked to leave passbooks to await balance verification before issuing further checks. Over twenty depositors gathered at Broadway and John Street for payouts. officials explained the bookkeeping needed and the mood turned patient. The liquidation committee, Brayton Ives, Hugh Kelly, and James G. Cannon, met at length to finalize arrangements.
MENTIONED IN THIS ARTICLE
Oriental Bank
Metropolitan Trust Company
the Oriental
Broadway
John Street
Brayton Ives
Hugh Kelly
The
James G. Cannon
Fourth National Bank
Purchase of South & Western Railroad Approved in Bristol
At the first annual stockholders meeting in Bristol presided by George L. Carter the purchase of the South & Western Railroad, a $50,000,000 project backed by Thomas F. Ryan, was approved. Proxies for the Ryan interest voted in favor as construction spending near $27,000 had already occurred and the line is to operate next year with coal development by Clinchfield Coal Corporation.
MENTIONED IN THIS ARTICLE
Bristol
Carolina, Clinchfield & Ohio Railroad
George L. Carter
South & Western Railroad
Thomas F. Ryan
New York
Thomas F. Bryan
Georre L. Carter
J. Nerment Powell
Ryan
South & Western
Clinchfield Coal Corporation
Carter
Virginian
Banks and Ice Stocks Sold at Auction Prices
Auction results show 307 Mercantile National Bank shares sold 112 to 12044, 175 Mechanics and Traders Bank shares at 49, and a block of 14 MT Bank shares at par 25 bringing 7. Common Western Ice Company stock, 100 shares, sold for 2, and 145 Knickerbocker Ice preferred shares brought 10. The earmarks suggest sale for Edward R. or Orlando F. Thomas.
MENTIONED IN THIS ARTICLE
Edward R
Orlando F. Thomas
Williams burg Lease Sale Approved At Auction Bid
Objections to the sale of the Myrtle avenue lease of Williamsburg Trust were withdrawn in Brooklyn as the Corn Exchange Bank pledged a first bid of 20000 dollars and a 5 percent deposit boost if it wins. The lease and bank fixtures will be auctioned publicly in a few days.
MENTIONED IN THIS ARTICLE
Myrtle Avenue
Williamsburg Trust Company
Corn Exchange Bank
Lincoln Trust Loan Paid
Lincoln Trust announced yesterday that the Lincoln had paid back the last of the loan from Associated Trust Companies and it obtained from the fund last October.
MENTIONED IN THIS ARTICLE
Lincoln Trust
Lincoln
Associated Trust Com- It We Trust Company
Frapanies
Directors elected at Styles and Cash yearly meeting
Directors were elected for Styles and Cash at the Aldine Club meeting with W. L. Lincoln Adams Alexander Cash George B Garver J H Fountain and George Lewis named. A 20 percent annual dividend was declared and officers were re-elected: President Treasurer W L Lincoln Adams Vice President George B Carter Secretary D Randolph Coat.
MENTIONED IN THIS ARTICLE
Styles & Cash
Old York
Aldine Club
W. L. Lincoln Adams
Alexander Cash
George B. Garver
J. H. Fountain
George Lewis
W. 2
Lincoln Adams
George B. Carter
D. Randolph Coat
Markets Review Cash Quotations From Raw Market Ledger
The listing shows mixed commodity quotes including Iran No 1 and No 2 soft, steel, Lake copper, lead, oats, corn, wheat red, pork, hogs, cotton middling, coffee No 7 Rio, sugar granulated, molasses OK prime, beef and lard. Prices appear in old style units with several entries incomplete or ambiguous.
MENTIONED IN THIS ARTICLE
Iran
Rio
New York
Agi
Reef
General Market Report on Coffee and Cotton in New York March 23 1908
The coffee market extended an active day with prices weak on European selling and large Brazilian receipts, closing steady after 45 000 bags traded. Cotton fell to new seasonal lows on liquidation, then steadied. May and July futures trimmed losses as rains in the belt supported new-crop months. Domestic spot prices showed Rio and Santos movements, with weekly Brazilian port receipts totaling 149 000 bags and U S warehouse deliveries at 184 003 bags.
MENTIONED IN THIS ARTICLE
New York
Brazil
Sao Paulo
Hamburg
Rio
Santos
United States
Europe
Cape
Victoria
Germany
Liverpool
Cinse
Ose
Gulf
Mobile
Savannah
Charleston
Norfolk
Baltimore Nominia
Augusta
St. Louis
Little Rock
Galveston
New Orleans
Wilmington
Memphis
Houston
Cotton Exchange
Manchester
New York Produce Exchange
Wester
Kansas
Seaboard
Paris
Berlin
Budapest
Broomhall
Duluth
Chicago
Peeey
Illinois
Philadelphia
City
Calcutta
Kansas City
Omaha
West
India
Middle Western
South America
Fair Finance notices promise world wide leading dailies
A public notice declares future fairy tale like reports across leading newspapers tomorrow and the following two days with claims of extraordinary statements and successful problem solving. It emphasizes high costs to publish and urges readers in America and Europe to read the forthcoming news which it promises will be mighty interesting.
MENTIONED IN THIS ARTICLE
Fair Finance
America
Europe
West
South
Canada
Paris
Berlin
London
Thomas W. Lawson
London beet sugar market ends steady after open loss
The London beet sugar market opened lower but recovered to finish near parity with Saturday's close. March and April futures were quoted at 2'34 and Ils respectively. Local price concessions were withdrawn, final duty paid prices showed centrifugal at 44, muscovado at 3%c, molasses sugar at 9 test 3i2c.
MENTIONED IN THIS ARTICLE
London
Muscovado
Market reports from Chicago and Cincinnati cattle and hogs
Telegraph market summaries show cattle receipts around 25 000 head in Chicago with mixed prices for cows and heifers, hog receipts near 48 000 head with higher prices for choice heavy and packers, and sheep around 17 000 head with gains. Cincinnati notes stronger cattle and steady hogs, with prime shipments and lambs advancing.
MENTIONED IN THIS ARTICLE
Telegraph
Chicago
Herry
Biscows
lSc
Cincinnati
East Buffalo
Market St
Kansas
Seher
Union Stock Yards
Pittsburg
Lien and bondholders seek NYSE quotation for deposits
The Western Maryland general lien and convertible bondholders committees chaired by Alvin W. Krech report that a majority of bonds are deposited with the committee and large additional amounts are pledged for deposit. They have applied to adapt the deposit certificates to quotation on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
Western
Maryland
Alvin W. Krech
New York Stock Exchange
Pittsburg Railways Seek Wage Reductions Amid Strike Action
Telegraphic business notes report Pittsburg Railways officials asking employees to accept wage cuts as the current scale expires April 1. Workers opposed to reductions plan action at a Thursday night meeting, while other notes cover bank clearings in Philadelphia and Erie Railroad layoffs in Meadville plus Sparrows Point steel mill resumption and blast furnace activity.
MENTIONED IN THIS ARTICLE
Pittsburg
Pittsburg Railways Company
Philadelphia
Philadelphia Clearing House Association
Bellevue-Stratford
Association
Meadville
Penn
Erie Railroad
Baltimore
Maryland Steel Company
Sparrows
Also Mentioned on This Page
Sugar Trust
Spreckels
Renr
Ageerenemt
Brooklyn
Jersey City
Boston
Brooklyn Ccooperage Company
Insular Improvement Company, of
Beneblack
Je Inn Transportation Company
Oe Vere
Y City
Brooklyn Distilling Company
Brook
Viornia
Sar Frencisco
Willis
W. M'Farlane
Llinois Tunnel Company
S. T. Peters
Knickerbocker Board
South & Western Purchase
Carolina
Clinchfield
Ryan-Carter Properties
Williamsburg
General Market Report
Sega
Japan
Baste
Patna
Rangoon
Bassein
Federal
Judd & Co
Tobin & Shannon
Curtis & Son
John P. Nelson
W. R. Hume
Andrew Mullen
George & Is S. Dillenback
John Ducey
60Th Street
J. G. Curtis & Son
Jelliffe, Wright & Co
H. H. Hollis
Ub. W. Ottis & Co
Geo. & L
Dilienback
Buttermilk
S. Sanders
S. Judd & Co
cPherson & Co
Sherns Commission Co
Aherns Commission Company
Bufaio
At & Sanders
McPherson & Co
Hollis
Neogs
Sanders
Standard Foundry
Cleveland
Standard
Sixtieth Street
Fortieth Street
Weehawken
Lehigh Valley
West Shore
Schwarschild & Sulb
Bovic
Ant A
Schwarschild & 6Sulb
Minnehaha
Schwarzschild & Sulzb
Teutonic
Morris Beef Co
Swift Beef Co
Baltic
Sceee - Swift Beef Co
Armour & Co
J. Stern & Son
Cudahy Packing Co
Beaton
Wee
St. John
Glasgow
Antwerp
Cabies
Cevic
J. Sham & Son
Schwarzschild & Sulzberger
Morris
Newton & Co
J. 8Hataberg & Son
Y. Chicago
President Roosevelt
News
Telegraphic Business Notes
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