Topics in Wall Street and the Market Outlook
The piece discusses Eric and its influence on markets, the Aldrich bill, and money rates. It notes expectations of continued easy money, uncertain relief from legislation, and mixed railroad earnings. Cash gains by banks are praised yet questioned for community impact and the link to speculative surges.
MENTIONED IN THIS ARTICLE
Congress
Financial District
Conditions of trade show slow but steady improvement
A condensed summary notes Dun's Review reporting slower than normal business revival with regional variation. Some centers recover ground while losses persist versus last year. April avoids major labor conflicts, wages cut to resume work. mild weather aids spring retail and agriculture. Rail earnings drop 18.6 percent for March. exports up but imports down versus last year.
MENTIONED IN THIS ARTICLE
Aptil
Port O Aly
New York
Coffee Market Steady After Quiet Trading Day
The coffee market ended steady with modest gains and few price shifts. Havre rose 0.44 Pfennig, Rio held, Santos fell 0.50 reis, receipts totaled 19 000 bags at two ports, Juundiahy saw 10 000 bags, New York demand remained liberal, and Santos grades commanded premiums as spot was quiet.
MENTIONED IN THIS ARTICLE
Havre
Rio
Santos
Jundiahy
New York
Fic
Rio No. 7
Roads Not Harmed by Present Laws Ban Imprudence
Pittsburg April 3 The Pittsburg Traffic Club banquet featured Dr Woodrow Wilson Princeton University and Robert Mather Rock Island Co arguing government business relations. They argued regulation should be businesslike, oppose excessive fines on corporations, and warn that federal interference in railroad operations harms travelers and the public.
MENTIONED IN THIS ARTICLE
Pittsburg
Robert Mather
Roosevelt
W. B. Everest
Traffic Club
Pittsbure
Rhea
Railroads Gain Time on Coal Lands Disposal Extension Sought
Washington April In a move to prevent losses railroads owning coal lands and other outside ventures seek a twenty month extension to dispose of assets The Senate Inter State Commerce Committee reported favorable an amendment to extend the deadline The same rule would still bar common carriers from shipping articles produced by a railroad or its allies The Cotton Exchange faces a planned election without opposition after last year’s multi ticket contest The Nominating Committee listed members and factions expressed satisfaction with the slate.
MENTIONED IN THIS ARTICLE
New York
Washington
Senate Committee On
Henry H. Keelepy
David Fi. Milley
Arthur Brarsh
G.eorge W. Reiley
Willam D. Martin
Robert C.hen
Edward J. Scott
Trade in Local Stocks Shows Substantial Advances in Chicago
In Chicago on April 3 trade in local stocks was modest in volume but mostly on the buying side with notable price gains. Western Stone, Chicago Subway, National Biscuits, and American Radiator posted advances. several issues saw higher last prices amid a small but rising turnover. William R. Craig joins Cotton Exchange board. Cot ton Exchange elects new members. St Francisco Railroad mortgage bonds sought. Copper Mines Co. name change approved. German bonds subscription offered. Hermuda trip noted for Mark Twain and Rogers.
MENTIONED IN THIS ARTICLE
Chicago
Arssepouth
Si Street
Jewitt
Thit
Bo Ve Tertone
oVaestes
William R. Craig
Cotton Exchange
Straig & Jenks
National Copper Banks
Rogers
Mark Twain
New York
Hermuda
Frederick. D. Countiss
European markets steady as new German loan dampens optimism
London stocks dull amid new issues and mixed reactions to the German loan. Consolidated securities weakened and trading remained light, with Japanese shares offering later in the day. American securities shared the idle mood as Erie Railroad uncertainty weighed on Wall Street. Paris and Berlin also reported mixed to firm trading in thin sessions.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Erie Railroad
Wall Street
New York
United States Steel
New York Firms Form In Albany And New Jersey
A batch of corporations was chartered with locations in Albany and nearby New Jersey. Entries include Manhatten Square Apartment Association, Colonial State, Mystic Gaslight Mount Vernon, Austin Packing and Supply, and Brighton Flatbush Realty in New York, plus Trenton area formations like Malga Land and Improvement and American College of Neuropathy in Camden. Directors include Enos Throop Geer, Charles Engel, Ernest Atkinson, Jerome Myers, Dominick Melillo, Irving M. Myers, Harry Warcington, Thomas Stanton, Maurice Thayer, and others. Capital amounts range from 2,000 to 550,000 dollars. Additional filings note increased Bergen Realty and dissolutions.
MENTIONED IN THIS ARTICLE
Albany
Manhaltan Square Apartment Association
New York
Capital
Enos Throop Geer
Charles. Engel
Ernest Atkinson
Wall Street
Mic Poelys
Rochester
Monroe
County
Ood and Ironworks Capital
Marus
Thelps
Vick Park
Frederick HH
Lewis
Rosedale Street
Charles
Maurice Lb. Thayer
110Th Street
Mystic - Gaslight Company
Mount Vernon
Westchester County
Dudley
R. Horton
David Patterson
Morris Jacobs
Broadway
Woolsey
A. Shepard
William P. Hammond
Theodore M. Hill
Austin Packing and Supply Company
Henry W. Austin
George S. Mandeville
Clarence E. Sutherland
Liberty Street
Brighton-Flatbush Realty Company
Brooklyn
Joan C. Lankan
East Third
Frank M. Brown
van Buren Street
Harry
B.vreeland
Seymour Avenue
Newark
Ate Batcheller
Clark & Batcheller, Incorporated
Machinery
Clements Batcheller
H. G. Batcheer
West Street
Horace D. Byrnes
Holbrook & Schaefer, Incorporated
Philip Boettiger
Grey Street
Michael Z. Cawley
Forty-sevent Street
Franklin C. Haven
Viity-seventh Street
National Historical Society
William
Lawrence Quinn
Archibald A. Corrigan
Union Square
Edgar N. Dollin
Nassau Street
Bacon Realty Company
Isidor Tacina
West
Houston Street
Aaron A. Feinberg
Fork Row
Jacob J. Kramer
Charters Granted in Delaware and New York Firms
Special to The New York Times lists newly secured charters including People’s Telephone Company of Delaware with capital of 000,000 and directors Rothenburg, Hartlex, Hazel. Lauchter Process Company of New York with 1,000,000 capital. Webster Pure Food Company of Washington with 100,000 capital. California Railways Advertising Company of New York City with 100,060 capital. Standard Glue Company of Baltimore with 50,000 capital. Bradstreet reports 247 business failures in the U S that week, with regional totals and capital cutoffs for most failures. Canada shows 32 failures, up from 41 previous week.
MENTIONED IN THIS ARTICLE
People’s Telephone Company of
Delaware
Capital
David Rothenburg
Das Wsaseeay
Joseph M. Hazel
Hartlex
Ens
Lauchter Process
Company
New York
Gabriel H. Hyman
August Lauchter
Lester S. Abberly
Brooklyn
Webster Pure Food Company
D. Tt-Capital
Gton
California
Comany
New York City
Standard Glue Company of
Baltimore
Bradstreet
United States
Middle States
New England
Southern
Western
Northwestern
Far West
Territories
Canada
United Copper Stocks Rally After Market Rumors
United Copper, tied to the Heinze group, rose on the curb market yesterday for the first time since the corner attempt and collapse last fall. After a fall to 11 and a later drop to around 5, the stock closed at 61 1/2 cents amid news Gross & Kleeberg sought reinstatement and Otto Heinze & Co. faced bankruptcy actions.
MENTIONED IN THIS ARTICLE
United Copper
Heinze
Heinze Banking
Heinzes
Stock Exchange House
Gross & Kleeberg
Metal prices slip on copper and London markets
Copper prices fell across the board with all grades down at the Metal Exchange. London spot copper closed at £58 1s and futures at £59 8s. pig tin rose £2 10s to £145 spot and £143 10s futures. Lead eased 2s 6d to £14, spelter unchanged at £21 10s, iron warrants strong, while New York spot and futures quotes showed varied bid and ask levels.
MENTIONED IN THIS ARTICLE
London
Standard
Middlesborough
New York Metal Exchange
Lake Ko. S
Auction sale of stocks and bonds in Brooklyn estate
Andrew J. McCormack Auctioneer offers the estate of Betsy Head Executrs sale at 53 William St and Vesey St exchange rooms April 8 1808. Large list includes Duluth & Iron Range Ry Co Chicago Northwestern Ry Co Illinois Central Ry Co and many more with numerous bonds and shares. Proceeds for estate of Betsy Head.
MENTIONED IN THIS ARTICLE
William ST
Velock
Exchange
Vesey Street
Betsy Head
Duluth &Iron Range Ry. Co
Chicago & Northwestern Ry. Co
Chicago, Rock Island & Pacific R. Rh Co
P. cc
Chicago & Northwestern Ry. Co. Sp. c
Illinois Central R. R. Co
C. Bas
St. Louis
New Orleans
Sloss Tron & Steel
P. c. Gold
Texas Company
Oi Co
Guannacevi Tunnel Co
Lamar
Syndicate Participation
American Exchange Natl. Bank
Corn Exchange Bank
Bank of North America
Terminal Bank of
Bklyn
Rodnuke Cotton Mill Co
American Investment Securities Co
United States Canning Co
New Amsterdam
Natl. Bank
Lawyers Tithe Ins. & Trust Co
Nassau Bank
Oswego & Hume R. R
Rio Grande Western R. R
L.a
Ligua Gold Mining
Railway Automatic Sales Co
Park & Tilford , P
E. Deb
Chatham National Bank
the Republic Mines Co
Pete Co. of America
Bank of Brooklyn
Western Maryland R R Co Stock and Bond Deposit Extension
Notice to stockholders and convertible bondholders that the deposit deadline is extended to April 19 1908. After that date deposits will only be accepted under conditions set by the committee. Deposits to Banciscer Trust Company 7 Wall Street New York City. Committee members listed.
MENTIONED IN THIS ARTICLE
Banis Cers Trust Company
Wall Street
New York City
Richard 8Utro
Coere McE
William F. Harrity
Edward LL. Fuller
George Cator
Fairfax
Landstreet
William SS. Fanshawe
Committee
Philipse Manor Company
Borough of Manhattan
City of New York
William Leslie
Consolidated Steamship Lines and Dividend Declarations
Multiple corporations announce quarterly and special dividends for preferred stock, payable mid-April 1908, with record dates in early to mid-April. Companies include United States Rubber Company Standard Milling Company American Locomotive Company New York Produce Exchange Bank Anniston City Land Company Alliance Realty Company and United Gas Improvement Company with details on record dates transfer book closures and payment methods.
MENTIONED IN THIS ARTICLE
United States
Bber Courany
New York
United States Rubber Company
John J. W. Atson
Standard Milling Company
Wall Street
American Locomotive Company
Broadway
S. T. Callaway
NEW York Produce Exchange Bank
N. Y
John R. Wood
Anniston City Land Company
Anniston
Alabama
W. A Davis
THE
Alliance Realty Company
Ofice
United Gas Improvement Company
N. W
Cor
Broad & Arch Streets
Philadelphia
Penn
T.rwis Lillie
Bondholders form committee for Chicago Cincinnati Louisville bonds
In response to the appointment of a receiver for the Chicago Cincinnati and Louisville Railroad Company a committee of bondholders to protect holdings is formed. Bonds may be deposited without fees at the American Trust Company Boston with deposit agreements available there. The committee includes N Jordan John F Hill A C Raymond Felix Rosen G H Kinnicutt with Raymond as secretary and others in Boston New York and beyond. April 3 1908.
MENTIONED IN THIS ARTICLE
Chicago, Cincinnati & Louisville Railroad Company
American Trust Company
State Street
Boston
N.ow
Jordan
John FE. Hill
A. c. Raymond
Felix Rosen
G. H. Kinnicutt
Comittee
Boards OF Estimate
City OF New York
Supreme Court
Ninth Judicial District
Westchester County
Mount Kisco
New York City
Fiirk
Mount. Kisco
Mount Rises
New York
Jania Drépes
Gasami
Feptimate
Timote
Rowlin
New
Appor- Amie
Ottr
City Hall
Borough of Manhattan
Board OF Estimate and Apportionment OF
Joseph Haag
Bae
Sisi
Tae
Aloegtom
Ulster County
New York Life reports assets and liabilities for 1908
The New York Life Insurance and Trust Company presents a balance sheet covering assets and investments including public securities, bonds, mortgages, real estate holdings, and deposited funds. It itemizes liabilities, capital stock, surplus, and reserve amounts, with notes on suspended accounts and accrued interest as of March 29, 1908.
MENTIONED IN THIS ARTICLE
Vatur
Orher Fevus
Doehidting -Bliss Pinehas
Peima Eo
Newask
New York
Liabilveiers
Ari Ene Everat
Alice Neasqcesses
Prairie Securities
Separate report and court notices from early 1908 bank filings
Notices detail a banking department report for Cosmopolitan Bank, valuations of assets and liabilities, including deposits and reserves, plus legal notices from New York courts. It includes references to a March 23 1908 meeting, appraisals, and assurances by bank officers, with associated notary attestations and public bidding notices from 1908.
Notice of multiple annual director elections in 1908
The notice lists annual director elections for numerous companies including New York Life Insurance Company Bush Terminal Railroad United States Rubber Company and others. It states dates times offices and opening hours for elections and notes close of transfer books and inspectors of election. The notices are dated March 1908 and issued by company secretaries.
MENTIONED IN THIS ARTICLE
United States Rubber Company
New Brunswick
Ned
United Sta Company
Aes
New Jersey
New Jersey Corporation
Samuel Norris
Also Mentioned on This Page
Eric
Dun
Ays
Abs
Bodad
Rock Island
Wreck Securities
Chicago Stock Market
New York Times
Financial Notes
Paris
Berlin
Foreign Public Securities
Sev
Saxony
Hamburg
Suter
Cologne
Munich
Augsburg
Renee A
Frankfort-on-Main
Lonon
Lon-On
ONG
nMty i Atchison Oe
St Paul
Erie
Alamo Construction Company
Wallace
M. Probasco
J. T. Buck
H. B. Walmsley
Aetna Selling Company
Ascher Melker
Abraham Melker
Clinton Birees
John Manheimer
West 111Th Street
Saint Ciriacos
Sennen
Diontisto Tortello
Edwards Street
Michael A. Tredo
Nave Street
Vincenzo Terragamo
Navy Street
Bergen Realty Company
MckKenna & McKenna
Allotropic Chemical Company
Herbert GO. Batley
Mechanicville, N. Y
Incorporated
Trentox
N. J
Yne Malga jJand and Improvement Company
Camden
J. K. Bolts
W. R. Evans
Jonathan E. Evans
American College of Neuropathy
John A. Mae Peak
F. R. Hansel
Wilmington
SPORT
Metal Market Reports
Andrew J. McCormack
Tion Sale
Adrian H. Muller
Maryland
R. R. CC
Samuel Untermyer
O. H. Smith
Consolidated Steamship Lines
Equitable Trust Company OF
Dcid Colony Trust Company
Alvin W. Krech
Bondholders’ Protective Committee
A. FB. Nicou
Wali Re
Prussia
Milk Street
C. K, Cobb
Underwood, van Vvorst & Hoyt
NEW York Life Insurance and Trust Company
the South Abate Ie
NEW York Supreme Court
lIn
Ward Simmons
Charles Crmarty Wick
Harles A. Shaw
Board of Water Supply
Olive
Ulytermont
Aeg
Alan
Mage Stulth
Tsajah Puller
Neminahi W. Ptives
Lister
STE
Fifsscfomne Ab
Francis Key Pendle
You
Flewerds
DES
PPO
Keow Vork
Ubder
Jirasiact
Chanter
Addormne Ali
Henry Paris
George Mj. Corning
City of
Barks
Hexey Parish
Serreturi
Beth
New York County ‘Resisters
Theure Cosmopolitan Bank
Next Reeve
FEM
Natice
Toni
of Westehes
Waite ‘Plains
Pieels
Neon Pla
Supreme Court of
State of New
Sath Dort
White Mains
R County
Francis
RE. Pendleton
R Corporation Janiese
Hall
Vorner
Centre
Horough
Manhaptan
York City
Department of Pas
Arsevial
Fifth
Borough of the Bron
Ap Nike
VIKLS
Op Pte
Perth
Sarvlus
Duc
New York State Building and Loan
Billy Payate
Esas
State of
Adelbert Becker
Fea
Charles Bannach
Tmopolitan Bank
Saa
Prospect Avenue
Superintendent of Banks
Charms Bannach
Cishier
F Seai
I. M. McLater
U. S. Army
Whitehall Street
War Department
A. L. Smit
Font Schuyler
U.S
Chas. L. Fisher
Eres
SOE Rim Fbp
J. Mechael
Renn DY
EWCH
Pite Papare Manatee Street
City of New Works
Jseare
Ork
Chmmisrecteres
Aleve
Wntil Prasos
Boroughs of Manhattan
Bireyex
Seti
Pet
Zuprel
Department DE Sringes
Park Row
York
Betason
Menhattan
Queens
Manhattan
Stevesse Wimissioner
Bridg
Ais
Regullati
Jackson
Graham
Ari
Erman A. Rai
Gerard Apetite
Waldon Avenue
Herman A. Metz
Maceh
New Lee
Department OF Dowes. and Ferries
Pie Ery Place
Dains
National Steel Ceiling Company
Thomas J
Oyle Department
North River
Pier A
Battery Place
Department OF Docks and Ferries
Fier A
New York Insurant Company
Superintendent of Insurance
New York Life Insurance Company
John «. Mecall
Alex. Millar
Bush Terminal Railroad Company
Broad Street
H. Hi
Greene
Rush Terminal Company
Isroad Street
H. W. Greene
Bush Land Company
Amanda Wear
Herbert Boug
the Home Insurance Company
Cedar-Street
Cedar St
t_ L. TYNER
Washington Life Insurance
Thts Company
Che Nyom
Tyraet
J. Wo. van Dit Water
Ghlebe & Rutgers Fire, Insurance Company
Williarm Street
Lyman Cander
Nee
Charles FH. Imhoff
Ho Strawn
Consolidated California Vineyard Company
Greenwich Street
P.M
Adolph Rahaetser