Central's Report Out Net Earnings Decrease
The New York Central & Hudson River Railroad reports for the year ended December 31, 19% shows gross earnings of 95.37 million, net earnings of 2.45 million with a 5.26 million decline, and a surplus of 965,98 as compared with 188. The note cites expansion, rising costs, and regulatory uncertainty as factors in the earnings drop, detailing income and operating expenses across 1907 and 1906 with large figures for traffic revenue, maintenance, and general expenses. It notes total tons of revenue freight earned, an increase, and a drop in total passengers.
MENTIONED IN THIS ARTICLE
New York Central & Hudson River Railroad Company
Inc
TT Inc
Esaractote
Lancet
Railroad financial report shows rising passenger totals and expanded services
The one mile passenger figure reaches 1,687,152,24 with an increase of 65,897,727. The report notes higher pay costs tied to train service, broader signal and block territory improvements, and the eight hour day for operators. New contracts with Pullman and Western Union replace prior terms, and stock exchanges shift holdings to New York New Haven & Hartford.
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Railroad Company
Pullman Company
Pullman
Western Union Telegraph Company
Boston& Maine Railroad Company
New York, New Haven & Hartford Railroad Company
Corn Products reports strong eleven month earnings rise
At the annual stockholders meeting the retiring board was re elected. A preliminary comparison shows eleven months ending January 31 1908 earned 1 972 873 in gross income with net income totaling 2 521 622 an increase over the prior year. Frank H Hall notes plants in good condition and lower costs with potential for a common stock dividend. Royal Baking Powder’s Indiana plant plan to make starch and glucose is noted but not expected to spark major competition. The subsidiary Corn Products Company also held its annual meeting yesterday.
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Corn Products Refining Company
Frank H. Hall
Hall
Royal Baking Powder Company
Indiana
The
Corn Products Company
Chicago Wheat and Corn Market Report March 24
Market strength drove wheat May to a final gain after early Liverpool pressure, with improved cash wheat demand at St Louis and Minneapolis. Corn closed at session highs, oats up 4c, and provisions 10c to 22c higher. weak local receipts contrasted with bullish futures, while May wheat ranged from 94c to 95 1/8c before settling near 95 1/2c.
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Chicago
Northwest
Liverpool
St. Louis
Minneapolis
Duluth
May
Mar
Tissot Bible Pictures Ad Offers Set Coupons
Advertisement from a New York Tribune Tissot Dept offering the first set of twelve Old Testament pictures at ten cents each with a coupon, plus a coupon for the full New Testament set of 120 pictures at one dollar. Includes mention of Jacob and a brief scriptural note.
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Tament Pictures
New-York Tribune
Tissot
Jacob
Tissct
Lincoln Trust names Webb president succeeding Tilford
A special directors meeting approved Alexander S. Webb Jr as Lincoln Trust Company president effective April 15, with Abram M. Hyatt becoming first vice president. Frank Tilford retires as president but remains on the board. Webb’s 18 years in banking include roles at Lincoln National Bank and New York Trust Company. Hyatt, former United States Trust executive, becomes first vice president. The board and officers, including Abram Hyatt and Owen Ward, will remain in place as noted.
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Lincoln Trust Company
Frank Tilford
Park & Tilford
Alexander 8. Webb, Jr
Mr. Tilford
Abram M. Hyatt
Tilford
Webb
Alexander S. Webb
College of the City of New York
Lincoln National Bank
Metropolitan Trust Company
New York Security and Trust Company
New York Trust Company
Mr. Hyatt
United States Trust Company
Mr. Webb
George C. Boldt
George C. Clark
Robert E. Dowling
Harrison FE. Gantry
Charles F. Hoffman
Edward Holbrook
Bradish Johnson
Clarence H. Kelsey
Morton F. Plant
William Salomon
B. Aymar Sands
Louis Stern
Samuel D. Styles
Frank M. Tilford
William Feilsinger
George Leask
Edward P. Hatch
Robert Goelet
Arthur Iselin
Isaac N. Seligman
Samuel Verplanck Hoffman
W. de Lancey Kountze
John P. Munn
James Quinlan
Irving E. Raymond
William G. Conklin
Stuart Duncan
Owen Ward
Outside Securities Market Shows Broad Strength
The market for outside securities displayed pronounced strength and activity with most mining stocks acting as the year’s heaviest traders. Prices rose across multiple issues from fractional gains to 2 points, led by Standard Oil up 15 points. Several miners like Butte Coalition and Nevada Consolidated posted notable advances. bonds such as Nevada Consolidated 6s rose 7 points amid irregular but active trading.
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Standard Oil
Chicago Subway
Consolidated Steamship
Butte Coalition
Boston
Trinity
Cumberland-Ely
Nevada Consolidated
Nevada-Utah
Nipissing
Greene-Cananea
Boston Wool Market Prices Hold Steady Amid Weaker Demand
Boston on March 24 reports subdued trading in the wool market with activity well below average. Prices remain firm as dealers face exhausted mill bins, while manufacturing centers show modest gains and loom use remains under 40 percent for men’s goods. Regional quotes cover Ohio Pennsylvania fleeces through Montana and Oregon with various grades and blood content, reflecting a broad spread in fine unwashed, washed, and combing lots across states and secured values for Texas California and other regions.
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Boston
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Wisconsin
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Fentile
Middle County
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Proposals for Coal Supply to Army Vessels and Transports
Proposals from Amy Building on Whitehall Street New York dated March 25 seek bids to supply and deliver coal for the year starting July 1908 to Quartermaster’s vessels in New York Harbor Army Transports at foreign coaling stations including Gibraltar Aden Port Said Colombo Singapore Malta Suez Algiers and Perim at New York City including Brooklyn and Sandy Hook New Jersey Envelopes marked Proposals for Coal to be opened April 23 1908 and sent to WM S Patten Depot Quartermaster Information furnished on request The U S reserves the right to accept or reject any part or all bids.
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AMY
Whitehall Street
New
Tde
York
New York Harbor
Gibraltar
Aden
Port Said
Colombo
Singapore
Malta
Suez
Algiers
Perim
New York City
Brooklyn
Sandy Hook
N. J
U. S
WM. S. Patten
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