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!
This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Apr 03, 1908
Page
13
Humorists called it the shortest bull market on record as a sharp rally faded quickly. Union Pacific touched 126 percent before retreating to 121 percent, while brokers blamed Erie’s adjournment and fears of a receiver for the finance troubled rail road.
The Inter State Commerce Commission's 1907 safety report was revised after railroad labor unions protested. The final text softens the stance on hand brakes alongside air brakes, signaling potential judicial settlement and avoiding direct clashes with the Brotherhood of Railroad Trainmen.
Copper asking prices fall 44 cents at New York Metal Exchange with Lake 18 18s,0 electrolytic 12% 18, and castings 12% 12%. London market gains for spot and futures. Pig Jim closes stronger. lead unchanged. spelter rising. iron warrants steady. Closing bid and asked prices versus previous day shown for copper and other metals.
Special to The New York Times lists closing quotations on the Local Exchange in Colorado Springs Col April 2 with bids and asks for Elkton Isabella El Paso Portland Rawlings Vindicator Findlay and Work among others with limited figures noted.
London reports strong money demand with a firm discount market as gold purchases push up bar gold to a high level. First class securities trade to reinvest in new issues while cheap money wanes. Copper shares slide and American stocks show uncertainty as Wall Street opens weak. Berlin notes firm prices on Boer securities amid hopes for discounted Imperial Bank rates and a cheap German loan to attract foreign subscriptions.
A. W. Kelley and T. W. Hartshorne sworn as officers of the Union Trust Company of New York attest that the accompanying report and schedules are true and correct to the best of their knowledge. This aligns with an official notice from the Superintendent of Banks dated March 25, 1908. The document confirms liabilities and surplus figures and that business was conducted at the stated locations No 80 Broadway and No 425 Fifth Avenue.
An imperial and Prussian loan totaling 162.5 million dollars will be opened for subscription on April 11. Of the amount 100 million will be in Prussian consols, bearing 4 percent interest and non convertible for ten years. Subscriptions priced at 61 4 or 99.30 for non-transferable bonds. A Berlin and provincial bankers syndicate will also take 50 million in Prussian Treasury notes not offered in the market. Reports say the Imperial Bank of Germany will cut its discount rate to 4 1 2 percent to help launch the loan.
The Bondholders Protective Committee for Consolidated Steamship Lines gathers under chairman Alvin W. Krech and secretary A. R. Nicol to oversee creditor rights and bond enforcement.
The North River Ingle Company declares a semi annual dividend of five percent on capital stock payable after April 10 with transfer books closed April 24 to May 10. The New York Produce Exchange Bank announces a semi annual dividend of three percent and an extra one percent, payable April 15 with transfer books closed April 7 to April 15.
The cotton market weakened after opening steady with a decline. Reports of steady Southern markets and better demand for cotton goods contrasted with unfavorable weather and Liverpool cables. Local stock stands at 80,304 bales with no strong competition and sales estimated at 175,000 bales.
The Bank of England reports a total reserve drop of £1,684,000 while circulation rises by £644,000. Bullion falls by £1,040,440 and other securities drop £2,810,000. Other deposits and notes reserve also decline with public deposits down £4,248,000 and government securities down £2,000. Reserve ratio rises to 49.30 percent from 48.64.
Paris reports a weekly statement with notes in circulation up 151.875 million francs and general deposits up 70.025 million francs. Bills discounted rise by 240.69 million francs while treasury deposits fall 44.475 million francs and silver in hand drops 150.5 thousand francs.
The statement shows cash in hand down 121,684,000 marks while loans rise 178,511,000 marks. Discounts increase 303,759,000 marks and Treasury bills up 83,172,000 marks. Notes in circulation grow 428,263,000 marks and deposits increase 3,171,000 marks.
National banknotes received today for redemption total 1 550 029 dollars. Government receipts from internal revenue amount to 632 383 dollars, customs 667 800 dollars, and miscellaneous 153 091 dollars. Expenditures stand at 1 960 000 dollars with the Treasury's condition noted at the opening of business.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.