Cotton Exchange Debates Change From Fixed Differences
Delegates on the New York Cotton Exchange debate Herbert Knox Smith’s call to end fixed differences and adopt a commercial system. Samuel T. Hubbard and others warn reforms could bring back old losses seen in New Orleans and Liverpool, while Atwood Violett and Henry Hentz defend the present approach and its transparency. Prices, grades, and contract standards are central to the discussion.
MENTIONED IN THIS ARTICLE
Herbert Knox’ Smith
Corporations
Roosevelt
New York Cotton Exchange
Smith
Samuel T. Hubbard
Exchange
New Orleans
Liverpool
Pth
New York
Engaire i
Hubbard
X New York Cotton Exchange
New O Orleans
York Cotton Exchange
Theodore H. Price
Mr. Price
Sharp Advance in Cotton Prices on Market Quiet Day
A sharp rise in cotton prices followed bullish over-BunGay news and frost forecasts in parts of the belt. Early quotes gained 1s to 23 points, bulls pushed the list higher with the Shorts nervous, and by afternoon the market showed a net gain of 34 to 150 pounds per bale with late sales easing. The July option led the gains, moving from 71 to 82, a net advance of many points from Saturday’s close.
General Electric Year Sixteen Annual Report Summary
General Electric reports fiscal year ended January 2, 1964 with net profits of 586,652.27 on gross sales of 79 million. Dividends total 1,183,614.8 and surplus rises to 16,513,561.4. Six-year sales growth shows steady gains, with ten-year period sales rising 148 percent per year. Consolidated balance sheet lists cash 22,208,6, stocks and bonds 18,000,898, real estate 19,000, machines and receivables 1,857,726.84, inventories 20,997,005.51, factory plants 12,900,000. Gold coupon debentures and accrued interest noted. depreciation not charged.
MENTIONED IN THIS ARTICLE
General Electri
Cop Pt
Buffalo
Rochester & Pittsburg
Moe
Duluth
South Shore
Atlantic
Lalli Vis
Mexico
SSS
Detroit
National OF Mexico
Midland
Inc
Dec
Siet Inc
Bow Fe de
US Inc
Hudson
Coal Department
Va Pee
Hanna to sue Heinze over bank held funds
Seceiver Hanna files suit in U S District Court after a plea from Thomas E Wing's office. National Bank of North America grants consent to sue Arthur Heinze of Heinze & Co whose firm is in the hands of receivers to recover 500 in a new held by the bank.
MENTIONED IN THIS ARTICLE
Jorge Mough
United States District Court
Thomas E. Wing
Nevers
Bank of North America
Hanna
National Bank of North America
Arthur & Heinze
Heinze & Co
City sells more bonds at 3 percent amid market optimism
Controller Metz sold 28 million dollars of six month revenue bonds at 3 percent to fund anticipated tax payments. Earlier talks for 40 million at 4 percent fell through as bond houses sought higher yields. Major subscribers included Kuhn Loeb, Guaranty Trust, Goldman Sachs, and J. P. Morgan Syndicate, with others distributed among brokers. Some officials expect further issuances if rates stay favorable while London and Paris placements were denied.
MENTIONED IN THIS ARTICLE
Metz
J. P. Morgan
Hetty Green
Kuhn, Loeb & Co
Guaranty Trust Company
Goldman, Sacha & Co
Wall Street
London
Paris
The
New U P Bond Issue Planned By Union Pacific
Union Pacific stockholders meet in Salt Lake City to authorize up to 100 million dollars in bonds secured by a mortgage on about 1700 miles of unmortgaged road. Harriman says funds needed do not exceed 25 million now, but aim to develop and hire workers, with at least 50 million set for construction and acquisitions under guarded terms. Also to ratify U P taking over Leavenworth Kansas and Western Railway and Topeka Northwestern properties.
MENTIONED IN THIS ARTICLE
E. H. Harriman
Union Pacific
Salt Lake City
Harriman
Pennsylvania Loan
Pennsylvania Railroad
Leavenworth, Kansas & Western Railway Company
Topeka & Northwestern Railroad Company
Mr Fish resigns from Missouri Pacific directorship
Stuyvesant Fish quit last Saturday as a director and executive committee member of the Missouri Pacific Railway Company. He had joined the directorate about a year ago and was expected to take an active role in management. Wall Street speculates the move hints at broader Gould Harriman ties and possible reorganization.
MENTIONED IN THIS ARTICLE
Stuyvesant Fish
Missouri Pacific Railway Company
Fish
Gould Road
Wall Street
George J. Gould
Union Pacific
Mr. Gould
Western Pacific
Pacific Coast
Oakland
San
Chicago Grain and Provisions Market Summary
Chicago March 4 wheat rose on bullish statistics despite Kansas and Nebraska rains. July wheat up 13c, May and July contracts mixed with fluctuating May activity. Corn and oats gained. oil firm amid demand. Provisions weakened early then firm on short covering. Receipts finite. tomorrow’s projections include wheat and corn deliveries and hogs.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
America
Kansas
Nebraska
Aer
Minneapolis
Duluth
Wye
Tuc
Sec
Gizec
Apc
Judge Landis Fines Railways for Cattle Transport Violations
Judge Landis in the United States District Court fined nine railroads a total of 312,10 in ninety-five cattle transport cases under the twenty eight hour law. The Chicago Northwestern faced 32,000 in fines after pleading not guilty. other carriers included Rock Island Pacific and Atchison Topeka Santa Fe with smaller sums.
MENTIONED IN THIS ARTICLE
Landis
United States District Court
Caicace
Rock Island & Pacific
Chicago & Northwestern
Ilinois Central
Chicago, Milwaukee & St. Paul
Atchison, Topeka & Santa Fe
U'Chicago, Serlington & Quincy
Chicago
Coffee and Cotton Markets Mixed in Early May Trading
New York May 4 1905 coffee market with no spec feature opens steady then little movement as Brazilian receipts and world visible supply shift weigh. Cotton futures surge with support from outside buying and lower local stocks amid unsettled western weather. Spot coffee quiet. cotton spot steady to higher across US markets with ready demand and large futures gains.
MENTIONED IN THIS ARTICLE
New York
Europe
Havre
Hamburg
Rio
Santos
Sao Paulo
Jundiat
United States
New Yo
Rio A Santos
Cape, Ette
United Stat
Germany
S.M Lss
Bureau of Corporations
Shorts
Liverpool
Big Sp
le Ae
AGI Kotargr
Penruary Ste S
Gulf
Mar- Mobile
Savannah
Norfolk
Baltimore
St. Louis
Little Rock
Galveston
New Orleans
Charleston
Wilmington
Houston
Memphis
Cotton Exchange
Manchester
Kansas
York Produce Exchange
Chicago
Capallo
Duluth
ST Co Vear
Thea Deen
Elief
Budapest
Heaslan
Maycorn
Missouri
oStec
New York Market Report for Beans Butter Eggs 1905
May 4 1905 New York market update shows improved demand for marrow and pea beans with firm red kidney beans amid steady butter egg and cheese trades. Beans quotes range up to 325 for imported and 255 for common pease and peas. butter prices steady with creameries and state dairy noted. eggs receipts 16528 cases with firmer tone on Western grades. fruit and produce trends include strawberries oranges grapefruits and pineapples with steady hay and straw markets and active poultry demand.
MENTIONED IN THIS ARTICLE
Philadelphia
Long Island
Bermuda
Charleston
Florida
New
Maine
State
Western
Jersey
Artichokes
California
North Carolina
South Carolina
Megis C. Carrots
New Orleans
Celery
Norfolk
Eagpla Florida
Horserad
Ihc
Texas
Okra
Baltimore
New Reans
Southern
Canada
Toledo
May
Timothy
New York
Matt Row
Uma
Specia
Liverpool
Waguete
Pennsylva
Baldwin
Hoxbury
Do Lake City
Porto Rico
Pacific Coast
LIVESTOCK MARKET SUMMARY FOR SLAUGHTER CATTLE AND CALVES
Andrew Mullen and H. H. Hollis load multiple lots of cattle including steers bulls and cows with weights from 620 to 1450 pounds and prices from 2 to 4.35 per hundredweight Calf receipts total 7151 with 1482 butcher and 5689 market sales at Jersey City and 6th street yards Prices show modest gains over last Wednesday and sales near or above prior rates Dressed veals and country dressed veals quoted with varying per hundredweight prices Wool and lamb sales mixed with weak demand and occasional steady prices for export and state stock lambs included across multiple consignors such as S. Otis Wright & Co R. Hume Curtis & Son and Tobin & Shannon
MENTIONED IN THIS ARTICLE
Andrew Mullen
H. H. Hollis
Jelliffe, Wright & Co
6Th Street
Jersey City
B. W. Otis & Co
H. Hollis
R. Hume
Curtis & Son
Enire, Wright & Co
Tobin & Shawn
S. Sanders
Studd & Co
Kerns Commission
Tobin & Shannon
New York
Mixtieth Street
Fortieth Street
Lehigh Valler
Weehawken
West Shore Railroad
Schwarzschild & Sulzberger
Bovic
Schwarzschild & & Six
Philadelphia
Schwarzschild
Armour & Co
Heston
Lialtimere
Bristol
Manchester
Loe Ib
Liverpool
London
J. Shamberg & Son
Kerns Commission Company
Ohio
Indiana
Sanders
Pennsylvania
J Shambere & Son
cPherson & Co
Receipts and hog market quotes from early week sales
Receipts for two days totaled 89 cars or 15 734 head with market declines in Buffalo and Western markets. Prices show Good state and Pennsylvania hogs at 610 to 615 per 100 pounds, light pigs to 595, various dealers reporting state hogs and pigs trading around 610, 615, 555 and 495 to 515 per 100 pounds.
MENTIONED IN THIS ARTICLE
Buffalo
Pennsylvania
W. R. Hume
Ao S. Sanders
qaugPherson & Ob
Peameytvenia
Tobin & Shannen
Cattle and Hogs Mixed Markets Across Cities May 4
Market reports show cattle active in Chicago and Cincinnati with strong to higher bids for prime steers and stockers, hogs generally lower but varying by grade, and sheep steady in grazing regions. Kansas City notes strong to higher cattle trade with export grades up, while East Buffalo logs lighter receipts and mixed movement across cattle hogs and sheep.
MENTIONED IN THIS ARTICLE
Telegraph
Chicago
Ge Co
Cincinnati
East Buffalo
Kansas City
Texas
European Produce Market Report Liverpool May 4 Closing
Liverpool market notes May 4 show spot firm wheat with No 3 red Western and No 1 California price marks. futures mixed with May and July bids. Corn firm on new American, old American mixed steady. SCarafian steady. Butter and cheese steady. lard and pork prices strong in places. various cuts of beef, ham, bacon, and shoulders listed with mixed dull to steady tones. Refined petroleum quiet. linseed oil steady. turpentine and rosin steady.
MENTIONED IN THIS ARTICLE
Chicago
London
Standard
Cleveland
Northern
Produce Exchange
New Orleans
Philadelphia
New York
Calcutta
Liverpool
California
Ted Floucr
Pactic Coast
India
United States
Building Firm May Resume After Bankruptcy Bid
Judge Hough granted permission for submission of an order that, if confirmed, would release the J. C. Lyons Building and Operating Company from bankruptcy. The firm, once of No. 1u East d street, went bankrupt in October. A few days after the petition was filed, Ernest Stedman, a lawyer and vice-president, died by suicide, thrown before a subway train. The plan offers creditors 5 percent in fifteen months and 5 percent in two years, secured by notes.
MENTIONED IN THIS ARTICLE
Hough
United States District Court
J. C. Lyons Building and Operating Company
No. 1U East
D Street
Ernest €. Stedman
Also Mentioned on This Page
Atwood Violett
Toevemett
Local Exchange
Henry Hentz
General Electric
Seceiver Hanna
A. P. Heinze
U. P
MR. Fish
Missouri Pacific
Francina
Mr. Harriman
Ilinois
Judge Landis
Railways
Barney
Prime Exchange
Prime
General Market Report
Omaha
West
Ite
Middle Western
Sac
South America
Brazil
Ei Patna
Rangoon
Bassein
Attohn
Eagle
Lts
Cuba
Muscovado
NTS
Country Produce Markets
Ary Black
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!