Hill Optimistic On Farmland And West Conditions
James J Hill, back from the West, spoke of favorable agricultural conditions and rising bank deposits in the Northwest. He downplayed West political talk, noted uneven economic trends, and said Great Northern Ore dividends would come December 15 from United States Steel, while dismissing talk of a Burlington deal as dead.
MENTIONED IN THIS ARTICLE
James J Hill
Viseed
Ssi
Mr. Hill
Hi0
Wall Street
Great Northern
Hill
United States Steel Corporation
Till
Steel Corporation
Sie Corporation
Hil
PacfSc
Peking-Hankow Bonds Redeemed By New Sterling Loan
Peking reports provisional approval of a 25.09 million pound sterling loan for redeeming Peking Hankow Railroad bonds. The loan will be issued in London and Paris for thirty years with imperial government and province revenues as security. Final decision hinges on European conditions and redemption targets by end of next December.
MENTIONED IN THIS ARTICLE
Peking
Peking-Hankow
Europe
London
Paris
Che-Kiang
Kiang-Su
Hu-Pe
China
The
Throne
New Lake Superior Directors Elected in Jersey City Meeting
Stockholders of the Lake Superior Corporation elected Richard L. Austin George W. Young Solomon E. Kaufman and Thomas Gibson as directors to replace F. B. Reeves L. M. Lovell H. G Lloyd and J. T. Terry Jr The meeting represented 269 80 shares Friction arose as R Flord Clarke protested over 34 00 shares transferred to Philadelphia banks and outside New Jersey under the state act The protest was overruled and a court challenge warned The board will meet for organization and President C D Warren is expected to be re elected
MENTIONED IN THIS ARTICLE
Lake Superior Corporation
Jersey City
Richard L. Austin
George W. Young
Solomon E. Kaufman
Thomas Gibson
F. B. Reeves
L. M. Lovell
H. G Lloyd
J. T. Terry
R. Flord Clarke
Leander M. Lovell
C D. Warren
Iron and Steel Market Trends From The Iron Age Report
The Iron Age notes a quiet market with June output at 450 tons daily, September 47.50 tons, and October 40.09 tons. It cites stocks unclear, varied regional activity, and sustained demand for structural material. Cars and rails orders rise with companies like Bettendorf Axle Keen and Standard Steel Car.
MENTIONED IN THIS ARTICLE
BBC
St. Paul Read
Linois Steel
Bethlehem Steel Company
Iron Trade Review
Septemb
Othe Chicago
Ramet
Bettendorf Axle Keen
Standard Steel Car Company
Chicago & Alton
Lit
Central
Sithout
Low Me
Dulness
Meer
I C Yearly Report Shows Illinois Central Finances Edge Down
The Illinois Central Railway reports fiscal year results ended June 3 with total operating revenue of 52 530 425 down 2 682 508 from 1907 and net operating revenue of 14 936 48 to 17 575 640 the prior year. Freight revenue fell 7 03 percent to 35 357 810 while passenger receipts declined 1 75 percent to 19 991 798. Costs rose with wages and equipment hire, reducing net income and signaling pressure on rates and wages amid a weak business climate. Executor notes Birmingham extension cost at 6 860 850 with 2 161 678 spent in the year.
MENTIONED IN THIS ARTICLE
Illinois Central Railroad Company
Incom
Harahan
Illinois
Iowa
Brown & Co May Pay 30 Percent
Charles E. Littlefield receiver of the suspended A. O. Brown & Co. reports total liabilities of 2 879 248 and assets of 3 579 772 with at least 2 700 000 uncollectible leaving net assets about 879 772. He notes 34 06 in cash and securities worth 90 000 to 100 100 and a lien against two NYSE seats for 246 895 to cover losses of exchange members. This is the first public disclosure of total member losses.
MENTIONED IN THIS ARTICLE
Charles E. Littlefield
Stock Exchange
A. O. Brown & Co
Littlefield
New York Stock Exchange
Condition Of Crops In October Report Shows Mixed Yields
The Department of Agriculture reports October 1 crop data with corn 77.8 percent good, spring wheat 8.1 percent quality, oats 81.3 percent quality, and total wheat around 659 million bushels. Indicated oats and wheat yields are compared with prior years and last month, noting declines in several categories.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Produce Exchange
Yazoo & Mississippi Valley Reports Fiscal Year Results
The Yazoo and Mississippi Valley Railroad Company shows total operating revenue of 9 580 434 for the year ended June 30 with net income of 1 822 482 after expenses and taxes of 8 258 152. Total income reached 1 798 553 and charges 2 117 362 leaving a deficit of 318 509 despite a prior year surplus. The decline stems from higher coal material costs and freight car charges plus increased wages. The surplus excludes interest on second mortgage bonds and land grant income bonds of the Louisville New Orleans and Texas Railway, with 9 104 000 and 310 000 000 outstanding.
MENTIONED IN THIS ARTICLE
Central OF Georgia
Chicago
Indianapolis
Louisville
Detroit & Mackinac
Detroit United
Minneapolis
ST. Paul
Satlt Ste. Marie
ST. Louis
Toledo, ST. Louis
Weste
Twin City
Sept Central
New Jersey
Illinois Central
Arone
Mississippi Valley
Toledo
Ofic Central
Penveser
Chicago & Alton
Yazoo & Mississippi Valley Railroad Company
Louisville, New Orleans & Texas Railway Company
Chicago Grain Market Trends on October 7
European political unrest and strong demand from Eastern mills pushed Chicago wheat prices higher with gains near the day’s end. Corn and oats gained modestly while provisions remained irregular amid brisk cash demand and heavy Western hog receipts.
MENTIONED IN THIS ARTICLE
Chicago
Europe
Northwest
Milwaukee
Minneapolis
Duluth
Cattle and Hogs Prices Mixed Across Markets Telegraph
Market reports show cattle receipts strong with steady to higher pricing in some regions while hogs trend down slightly. Sheep and lamb values vary by market with shoulders of demand mixed in Western and Pittsburgh districts.
European Produce Market Shows Mixed London Prices
Liverpool Oct 7 closing prices for commodities list wheat, corn, flour, hops, beef, pork, hams, bacon, lard, cheese, tallow, turpentine, linseed oil and rosin with steadiness in several futures and spot markets. Notes include WHEAT no 2 red Western winter steady futures around 7s 7¾d to 7s 4½d and CORN spot quiet at 7s 3d with October 3s 14d, while LARD prime Western in tierces steady at 52s and CHEESE Canadian whites steady.
MENTIONED IN THIS ARTICLE
Liverpool
E&pot
le Srg
London
Pacific Coast
India
Petru
New York
Bbis
London Metal Markets Report Mixed With Tin Up Copper Down
The London tin market rose about 1 mark to £134 5s spot and £135 15s futures while copper eased to £39 13s spot and £80 10s futures. Locally markets were dull. lead advanced to £18 10s in London, and spelted prices held. Iron and pig iron certificates showed mixed moves amid steady to dull demand. sugar and syrups faced weakness in refined markets.
MENTIONED IN THIS ARTICLE
HM Fa
London
Standard Foundry
Cleveland
Fower &T
Northern
New Orleans
Philadelphia
New York
City
Calcutta
Chicago
Kansas City
Omaha
South America
Brazil
Coffee and Cotton Market Lifts Hold Steady in New York Trade
New York October 7 1968 the general market report shows coffee opening flat to up five points amid European strength and closing quiet. Brazil and local futures mixed as Sao Paulo weather remains favorable. Cotton gains sustain strength on smaller spot offerings with futures up and the market noting encouraging Liverpool cables and potential frost threats. spot price rises and regional bales sold, with weekly receipts estimated across Houston Galveston New Orleans and other bases.
MENTIONED IN THIS ARTICLE
New York
Havre
Hamburg
Sao Paulo
Jundinry
Rio
Liverpool
Manchester
New England Mills
H Low
Dar
Gulf
Houston
Galveston
New Orleans
Memphis
St. Louis
Mobile
Savannah
Charleston
Wilmington
Norfolk
Sic
Baltimore
Sc. Augusta
Little Rock Quiet
Ste
Ito
Cotton Exchange
New York Market Reports for Beans Peas and Butter Prices
Receipts of beans and peas reach 470 sacks with new marrow promising at 245 per bushel while medium and pea sell around 235. Kidney beans firm and Scotch peas steady. Butter receipts 6 487 pigs with quiet market. high grade creamer and process lines firm. Cheese and eggs show quiet to firm tones with mixed Western supplies. Fresh fruits and berries vary by variety as crates and bales move through.
MENTIONED IN THIS ARTICLE
New York
Lima
California
Liverpool Cabie
Pennsylvania
Mcintosh
Alexander
Gravenstein
Baldwin
Hubbarison
Bartlett
le Conte
Jersey
Kieffer
Pine Island
Dasiget
West Virginia
PLIMS
Delaware
Niagara
Concord
Upriver
Ile
Gagise
Clinton
Wyoming
Cape Cod
Cole
Florida
de Porto Rico
Do Porto
Do Florida
New York Livestock Market Report October 7 19am
Receipts totaled about 40 cars with 16 for slaughter and 25 for market. Steers steady with demand moderate, fat cows firm, bulls steady, and calves active. Prices ranged for native cattle from 1 50 to 6 25 per 100 pounds, with hogs and sheep showing declines and varied by weight and grade. Dressed beef and Virginia cows noted, with several named handlers including Swift Beef Company and Morris and W. P. packing firms listed.
MENTIONED IN THIS ARTICLE
East Bu
Hiee
Pittsburg
Toledo
Oct. T
New York
Jersey City
Virginia
London Cables
Swift Beef Company
Flords Beef Company
Cedric, Pool
O ‘Wahy Packing Company
Fewtern & (Co
West Virginia
Irs
Kentucky
Feers
Kenturk
Dulla
Pennsylvania
Curtis
Heilbrunn
Hume
Grassers
Andrew Mullen
Curtis & Sen
George & L
Wright & Co
Ile Aes Shippers Commission Company
Lambs
Poultry Market Faces Mixed Prices and Seasonal Shifts
Market notes show spring chickens and ducks in varying demand with mixed quotes across regions. Long Island supplies hold steady while Western and Pennsylvania prices trend lower to steady. geese, guineas, and game items remain active with notable differences in regional quality and packing.
MENTIONED IN THIS ARTICLE
Wipate
Long Island
Goua Uem
Anc
Ama
Lewin
Isc
Inc
Itec
Farreila
Lee
Derreis
Do State
Renameyivania
Young
Colt
Maine
State
Bulik
Ubi
Jersey
Sieg$l
Bestan
Island
St Me
TegGe
Oranges County
Virginia
Canada
Also Mentioned on This Page
J. J. Hill
Chine
NEW Lake Superior
Boston
Prrnishetty KL Day & Co
Well Street
Atlantic
United Prutt
I. C. Yearly Report
Hanrahan
Birmingham
Brown & CO
Ferry Companies
Brooklyn Ferry
Ny&er
Union Ferry
Yazoo
Chicago Grain and Provisions
Telegraph
Ates
Mand
P. Nee
Patna
Rangoon
Eagle Confectioners
United States
Wilsett & Gray
General Market Report
New York Produce Exchange
Commission House
Winnipeg
Ohio
Kansas
Condi
Eda
Country Produce Markets
Toidney
Ontario County
New York Central
Erie
iSic
Finn Bae
Tham
Kerns
Berg & Son
Commission Company
Hull
Kratz
Shannon
John Ducey
Jelliffe, Wright & Cx
J. G Curtis & Son
John P. Neilson
S Sanders
Judd & Co
Curtis & Son
Lamba
Vermont
Sosh
W. RL Hume
Pecnervivasia
George & L. S Dillenback
Jelliffe
Buffalo