Erie Financial Plans Rally Amid Note Arrangement
Market eyes relief as Erie Directors arrange a note issue to cover 5.5 million maturing Wednesday and provide about 9.6 million for cash needs. Stocks rally with Erie notes and preferreds leading gains, while rail and industrial sectors show mixed moves and debt costs ease.
MENTIONED IN THIS ARTICLE
The
Erie
Stock Exchange
Southern Railway
Gould
Atchison
Pennsylvania
American Car and Foundry Company
Steel and Iron Trade Authority
London
Calendar for today dividends and annual meetings
Calendar lists dividends payable for American Sugar Refining Co. on common and preferred, National Sugar Refining Co. on preferred, Union Traction Co of Indiana on preferred, and shares in Goldfield Florence Mining Co Milwaukee and Chicago Breweries. Annual meetings noted for Empire Title Guarantee Co adjourned, National Fireproofing Co Pacific Coast Power Co Provident Savings Life Assurance Society. Special meetings include American Moving Picture Machine Co.
MENTIONED IN THIS ARTICLE
American Sugar Refining Co
Goldfield Florence Mining Co
Milwaukee, & Chicago Breweries
National Sugar Refining Co
Union Traction Co
Indiana
Empire Title Guarantee Co
National Fireproofing Co
Pacific
Money and Exchange Rates on the Stock Exchange
Money on call loans at 2 percent with last loan at 2 percent. Most loans at 1 4 percent. Time money varied from 2 1/2 to 4 1/2 percent for different terms. Mercantile paper rates quoted. Clearing House balances and exchange figures detailed. Sterling and continental bills listed with various premiums and discounts across cities.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile Paper
Clearing House
Sub
Treasury
Sterling Exchange
Reichsmarks
New
York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Silver Quotations and Mexican Dollars Reported
Silver was quoted in London at ssied per ounce. Mexican dollars stood at 47 cents.
MENTIONED IN THIS ARTICLE
London
Cotton market closes higher on better demand
The cotton market rose with a 6 to 10 point net advance after reports of stronger spot demand. Prices firm at several regional hubs with mixed gains from the previous day, as futures and spot sales show activity across Norfolk Augusta Galveston New Orleans Houston Memphis and other markets.
MENTIONED IN THIS ARTICLE
Gulf
Norfolk
Augusta
Galveston
Houston
Memphis
New York Times
Boston
Tafay
Boston Consolidated
Chang
Tel
Houston Alban
Boston & Maine
Nh.& i
Old Colony
T&s
Union Pacific
West End Wie SA
New England
Stady Alg
America
Fuliman Ee
Reece O
Seattle
Elec
Dr.des Oy
Torrington
United Fruit
United Shoe
Wenetsas
United Shoe Pfiness
S. . Steel
S. Steel Pe
Allouez
Arcadian
Boston Com
Sncccrace
Butte Coalition
Mass
Mexico
Nevada
North Butte
Scassere
Parrot
Quincy
Rhode Island
Shannon
Renee
Ween
Victoria
New York Stock Exchange Report Reflects April 1 Trading
This page notes the New York Stock Exchange activity on April 1, 1908 with scattered figures and listings. It includes bolded numbers and notes of trades, prices, and performance indicators from that trading day.
MENTIONED IN THIS ARTICLE
THE
New York, Philadelphia & Boston
W.L. Lyons & CO
New York Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
Louisville Stock Exchange
Exchange Place
New York
Broadway
Cor
Flatiron
Louisville
KI Keller
Plympton, Gardiner & Co
William St
Queens
Ges
Fairmont
Erie
Public Service
Wmiegargel & Co
Bassye Street
Pocees
NEW. York Stock Exchange
Grain and Provisions Wheat Prices Rise Across Markets
Wheat prices opened and closed higher amid reports of moisture and rapid growth in northern districts. Northwest receipts totaled 244 cars versus 390 last year while Seaboard clearances reached 196,001 bushels with no export business reported. Closing quotations show mixed bid and ask prices across multiple stations on the To val Exchange.
MENTIONED IN THIS ARTICLE
Budapest
Berlin
Paris
Northwest
Seaboard
New York
Northern
Duluth
Outside Securities Dip as Offerings Lag
Market notes show copper and mining stocks steady with small recoveries from Tuesday lows. Erie notes due April sparked some bond activity, with twenty thousand dollars selling from 93 to 91 as copper prices and industry shares fluctuated amid subdued trading.
MENTIONED IN THIS ARTICLE
Yukon
Erie
Transactions in bonds report from April 1 1998
Bond market brief lists various government and corporate issues with prices and amounts in dollars. It notes paid and traded bonds including US Cuba Mexico UK and regional issuers with several entries referencing 4s, 44s, and 5s along with net payments and ad hoc figures.
MENTIONED IN THIS ARTICLE
Sean Asyen
Cuba
Financier notes steady as Franklin Trust declares dividend
The Franklin Trust Company Directors declare a 2 percent quarterly dividend payable April 1 to stockholders of record March 31. The move aligns with prior quarters as the company contemplates a business alliance with Farmers' Loan & Trust Company while market listings show varied prices on multiple securities.
MENTIONED IN THIS ARTICLE
Franklin Trust Co
Franklin Trust Company
Comrmeires
Ste
Farmers’ Loan & Trust Company Heolking
Consolidated Exchange Wheat Figures And May Option
Trading activity shows 12,890 bushels of wheat with a May option at 93 017, 92 percent. Market totals report 435,000 in value.
Paper Dividend Cut After Committee Recommendation
International Paper Company directors approve a 1 percent quarterly dividend on preferred stock, down from the usual 14.4 percent, following Executive Committee guidance announced yesterday.
MENTIONED IN THIS ARTICLE
International Paper Company
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Brown Brothers & Co
Wall Street
A.B. Leach& Co
Bertron, Storrs
Griscom
Peeses
Isis
Tolman Bros. Securities CO
Pine Street
New York City
J. W. Harris
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Comer
William New York
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Nassau St
Investment Securities
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NEW York, Stock Exchange
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EB. C
Bank & Trust Co
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Washington Trust Company Postal
the Erie
Special Meetes
American Moving Picture Machine Co
Money and Exchange
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Lithe
Pieye A
Jim
Wees R
Correspont
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R.R
Uae
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S Steel
Westinghise
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Outside Securities
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Sit
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Geiil Ra
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INS
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B. Lewis
aNiskeu
Ann A, Ans A
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Earl
Eee Tre
Ook
Geo Ling Js
Cent i. Sow
Tapes
Peete
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Mitchell
Mime
McRigtey- Dar
S.A
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Stewart la
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Ton
M. Af N
United Copper
Tka Ag W
United Ries
Yukon Gold
Erte
Tol
É& W
Thosssday
Askea Bitid Cis
Adurhas Sess
Olumbia
Scaigl
Wits Easey Foundry
berland-Ely Min
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evada-U'ah M. & S
SeeOeaeukon
Boston Stock Market
Wee Eee
Bran
FE Inc
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Erle
Salas
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Lou
Eirfe Penrey Ivanta
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Consolidated Exchange
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Akiya R. T
Tanadian Pac
Attent Leathimg
Hes
Steghist West
Wits
Dist. Securities Behelia
Erie TS
Erie Ist
Stie F
Missouri Pac
Central
Ny Vale
Pacific Mail
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Southern Pac
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Southern Ac
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Utah Copper
Wabash Wre
Western Union Ms
Atlanta
Batopilas
Crown Pe
Elke
Ry Dall
Uw Pharmaceist
Ag Sandstorm of
Henry Clews & Co
N. ¥. Stock Exchange
Fulton Trust Co
Henry C. Swords
H. H. Cammann
H.W. Reighley
C.M. van Kleeck
Biles
N. Y
Guaranty Trust Co
Lo ST. Capital
John W. Castlys