Financial Markets Brace for Erie's Cash Offer and Wheat Outlook
Stocks traded at the lightest pace of the year with about 260000 shares changing hands as Erie noteholders face an exchange offer for new bonds. The market noted government crop prospects, moisture aiding wheat, and mixed readings from railroad earnings while short term money rates dipped under 3 percent amid abundant idle funds.
MENTIONED IN THIS ARTICLE
Stock Exchange
Erie Financial Plan
Chicago
Reading
Union Pacific
Mft
Southern Pacific
Paris
London
Clearling House
Aldrich
Clearing House Loan Committee
New York Stock Exchange Note for Tuesday April 7 1908
Stock market update from the New York Exchange on Tuesday April 7 1908 records small changes in listed values with a 0.28 and 0.23 variances noted, indicating modest shifts in prices across observed securities.
MENTIONED IN THIS ARTICLE
NEW York Stock Exchange
Bond and stock closing quotations summary
Closing quotations show no transactions for many bonds and stocks. Listed ranges include Government 2s 1930 at about 103.5 104, 3s 1918 around 100 101, and various equities such as Am. Coal 120 to 150, Lake Shore 275, Am. Malt 80, and multiple railroad and utility issues with bid and ask variations.
MENTIONED IN THIS ARTICLE
Ts. R
Panama
L. E
W. Adams
Allis-Chalm
Lake Shore
Allis-C. Pf
Louis & N
Az. C
Baer Cos. A. A. CL
Aye
MD. C. Pf
Het
St. R
Mich
C. O. Pf
M.S. T
M. D
St. L
H&l
L. Cc T. Ero
W. Co
Railroad Earnings Figures From 1908 Summary
A compact report lists quarterly and yearly earnings for multiple rail lines and steel and machinery firms. It includes Louisville and Nashville, Mobile and Ohio, Southern Indiana, Wheeling and Lake Erie, Rio Grande Southern, Southern Pacific, Union Pacific, and Wabash with gross and net earnings, miles, and other income. Also shown are Bethlehem Steel and International Buttonhole Sewing Machine Company figures and a few notes on surpluses and dividends.
MENTIONED IN THIS ARTICLE
Louisville & Nashville
Mobile & Ohio
Indiana
Wheeling & Lake Erie
Newes
RIO Grande Southern
Southern Pacific
Union Pacific
Bethlehem Steel Company
Wossor
International Buttonhole Sewing Machine Company
REECE
Grain Market Sways on Bearish Outlook Ahead of Government Report
Wheat prices softened across domestic markets amid favorable farming weather and a light export flow. Midday rallies occurred in Minneapolis as milling demand improved and world stock increases lagged last year. Cash grain quotes in New York showed No 2 red and No 2 hard values near 87 to 98 cents, with Corn steady amid light interest and holiday-driven quiet.
MENTIONED IN THIS ARTICLE
Rockies
Minneapolis
Liverpool
Chicago
New York
Duluth
Seaboard
Desultory curb market ends near opening levels
Desultory trade left most issues unchanged from the day’s start with Yukon Gold slipping to 44 from 5 and opening at 5. Curb activity focused on low priced mining stocks as Yukon Gold drew attention on a day marked by limited copper moves and a cobalt stock at 28% after small fluctuations.
MENTIONED IN THIS ARTICLE
Yukon
Cobalt Central
Bonds and Industrials Trading Snapshot
A compact report of bond and stock listings across industries. Includes prices for Allis-Chalmers 6s, Erie notes due April, and various mining, oil, copper, and railroad shares with bid and last prices and percentage changes. Indicates broad market activity and odd lots at the end.
MENTIONED IN THIS ARTICLE
Amer
Tobacco
Bay State Gas
Standard Oil
Chic. Subway
Alaska M. Sec
Boston Copper
British C. Cop
Butte Coalition
Butte & N
Cobr Lt
Con. Ariz. Sm
Cumb.-Ely
Davis-Daly
Florence
Furnace Cr. c
Goldfield Con
Goldfield G. B
Goldfield S. P
Greene-Cananea
Greene Gold-Sil
Kendall
Mex. E. & Min.ty
Miami Copper
Miemac Mines
Mines Co. of
Darragh
Ae Nee
Mines Co
Butte
Penn-Wyoming
Stewart
Belmont
Tom M
Nie Ty
United Copper
United Cop
United Rico
Yukon G. M
Allis-Chal
Erie
St. L.&w.col
London Stock Market Report of Japanese and US Bonds
The report lists bond issues and prices across many currencies and issuers including Japan, the United States, and British stock markets. It notes series A and other bond issues with percentages, trade totals, and regional references such as New York City and Virginia, detailing totals for different issues and market activity.
Calendar for Today and Annual Meetings List
Calendar notes books close and lists annual and special meetings for multiple firms. Scheduled sightings include United States Industrial Alcohol Co Indianapolis Street Railway Philadelphia Electric Co Southern Pacific Co United Railways of Baltimore Rcme Utility Co New York Air Brake Co with preferred indications and timing.
MENTIONED IN THIS ARTICLE
United States Industrial Alcohol Co
Indianapolis Street Railway
Philadelphia Electric Co
Southern Pacific Co
United Railways of Baltimore
Rcme Utility Co
New York Air Brake Co
Money on Call and Time Money Rates and Exchange
Money on call on Stock Exchange loaned at 1 to 2 percent with most at 1 percent. Time money rates 2 to 4 percent for various terms. Clearing House balances and totals cited. Sterling and continental exchange quotes given with regional variations and New York rates. Local banks show gains from Friday versus prior week.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Treasury
Sterling Exchange
Reichsarks
Guilders
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Silver Quotations in London and New York
Bar silver was quoted in London at 25 in London and in New York at 55c. Mexican dollars were 47c.
MENTIONED IN THIS ARTICLE
London
New York
Pittsburg Transactions on Local Exchange Report
Special to The New York Times details daily transactions on the Pittsburg Exchange with stocks and bonds including Pittsburg Brewing Pittsburg Coal Westinghouse and Fireproofing among others. It also notes officers elected for Houston and Texas Central Railway with President A S Lovett and other executives.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
Issaces
Cruce
Harbison-W
Pittsburg Brewing
Pittsburg Coal
Pittsburg Plate Glass
River Coal
Westinghouse Air Br
Westinghouse el
Pitte. Brewing
Houston & Texas Central
Houston
Texas
The
Houston & Texas Central Railway
Lovett
New York
Bethlehem Steel Annual Report Details 1926 Gains and Milestones
Bethlehem Steel Corporation reported a net income of 2 638 957 for the year ending December 31, with a surplus of 2 100 400 after preferred dividends. Unfilled orders were valued at 8 425 736, and employment rose to 98 783. New mills and an open hearth plant were completed, rail production totaled 83 754 tons, and the structural steel mill began January 8 with completion of the twenty eight standard mill anticipated by July.
MENTIONED IN THIS ARTICLE
Bethlehem Steel Corporation
Newark
Cotton Market Sags As Prices Hit Seasonal Lows
The cotton market remained weak with prices at new seasonal lows amid poor trade reports and favorable South weather. Sharp declines and only slight rallies dominated the day, with a net drop of 2 21 points and about 250 000 bales sold. Local futures ranged across several contracts, while spot cotton and Southern markets showed generally steady to lower quotes and modest sales across Galveston New Orleans Savannah and Norfolk.
MENTIONED IN THIS ARTICLE
Liverpool
Hastern
High
Lew
Clove
Ee Ae
Wiesconsecs
Gulf
Galveston
New Orleans
Niger Ses Quiet, Inc
Bile Eary
Bela Savannah
Norfolk
Augusta
St. Louis
Memphis
Dacia
Metal market reports show declines in copper and tin
Copper in London eased from Monday with spot at 58 pounds 17s 64d and futures at 58 pounds 1s 6d. Pig tin fell by 3 pounds on spot and 2 pounds 10s on futures to 141 pounds 15s and 140 pounds 15s. Lead weakened to 13 pounds 18s 8d. Spelter dropped 23s 6d to 21 pounds 10s. Iron warrants firm at 50s 4d and 51s 4d for Middlesboro. New York Metal Exchange quotes show varied bid and ask levels for spot, with electros and castings displaying notable spreads.
MENTIONED IN THIS ARTICLE
London
Standard Foundry
Middlesboro
T New York Metal Exchange
Compar
Also Mentioned on This Page
Spencer Trask & Co
William and Pine
John Munroe & CO
Letters OF Credit
Commercial Letters OF Credit Foreign Exchange and Collections
N. Y State
Mass
Chisholm & Chaphan
Wall St
Fifth Ave
Metropolitan Street Ry. Co
A. M. Kidder & Co
Rector
American Cigar A
B. Beech
Dawson Railway & Coal
Ottawa
Cedar Falls
Fenn
Col. Trust
Temple Iron Co
Toledo Traction
United Lead
Nmegargel & Co
Nassau Street
Union By
N. Y
7Th Ave
42Nd St
Man
St. N. Ave
Leonard J. Hepburn
New St. N. Y
H. B. Claflin
Morris & Essex
Frederic H. Hatch
Alealer
United States
Connecticut Savings Banks
Moffat & White
New York City
White & Company, Inc Engineers & Constructors
Exchange Place
New York S
Redmond
H. R. Wrothineer
Cripple Creek Central
E. W. Bliss Co
Allis-Chalmers
Willard & CO
Hanover
Broad St
Tolman Bros. Securities Co
Pine St
Farson, Son & CO
Chicago Stock Exchange
John
J. B. Wilson
D. M. Ferguson
L. B. Wilson & CO
Consolidated Stock Exchange of
N.Y. Stock Exch.& Cotton Exchange
Wardwell & Adams Bee
Manhattan Hotel
Broadway
14Th St
Swartwout & Appenzellar
Bankers
Pine
Thomas Reimhandt
Machenge
Broad St. N.Y
Abs
Ivate Iréas
Enese Eee
Eneee
Ents Eee
tNet Ask
Car & Foundrom
Ice Securities
Locomotive
Smelt
Iss
Anaconda
Nh. Ova
Atch
Top
S. Beaiaree
Toy
Pas
Wes
Baltimore & Ohio
Batovilas Mining
Brook
Chicago Great
West
Mil. & St
Chicago & Northw
Union Tr. T. R
Colorado Fuel & Iron
Cel., Lack. & West
Denver & Rio Gr
Denver & Rio Gr. Pf
Distillers Securities
S. Es Ceee
At. Pf
Eris
Sitae
General Electric
Nape
Interborough-Met
Macau Cos
Manhattan
St Louis
St. P
NY Air Brake
N. P
Pacific Coast
Pacific Mail
Pennsylvania
Enee
Iron & Steel
Iron & Steel Pf
Roe Island Co
Rock Island. Co
Rome
W.& Ogdens
Southern R’way
Tennessee Co
Texas & Pacific
Third Avenue
Eeecee
Tol & West
Union B. & Paper Pf
Baer Us
Steel
U. S. Steel
Utah
Caro
Prhemical
Ao Pei
Wabash F
Eer Ee Sane
Western Inion Tel
Ae Westinghouse HB. & A
Wisconsin Central
tFrom
Comstock Eseevese Eenee
At. B
Nat. L
Chi
Bos Cp
Etesecs
P. R. Pt
R. & L. Soyee & Hud
Erle 2d
M&s
B. T
Rand
Iowa
Towa C
M. R
K. C
M. Pf
Ae I. UL
Ask Au
Eueces Seers
R. St. Car
Allman Co
Quicksilver
Peer
Ti C. Stk. Geib
Kas Oety
St. Sp
Jens. & Sar
Tutland
Din
Ote L&p
Waye
L. Pf
Sasseee
R. R
Eenee
WAL Hsp
Vulcan
Weet
Grain and Provisions
Quiside Securities
Lawson
Pril
ORICA
Boston Copper Bay State Gas
British Columbia
Butta Coalition
Cece Ae
Wtte
Central Foundryeae
Central Foundry of
Eee
Cumberland-Ely
Chicago Subway
Davis-Daly Eee
Greene Gold
Guggenheim Explor
Havana Tobacco
R.seses
Havana Tobacco Pf
Manhattan Transit
Eon
Mines Co. of America
Nevada Copper
Boston Stock Market
Imp Jap
TODD
Mexico
Virginie
Brown Bros
New Yk
New
Lehigh
Cnc
Ceaeces Mar
CGC RI
Leelee Tes Am Tobacco
Top & S Fe
K&tsf
Tig Rao
Vaiss Va
Coast Line
Cent
Loulsvy & Nashy L S
NYC & Studs
Biden
Baltimorse & Ohio
PJ & M
Lack & Wa Oy
ARMY
Cis
Ant
Nor & W
Bklyn
Nor.& W
Ceee
Norfolk & Wista
Pocah C&c Ds
Buffalo’ Gas
Nor
Ohio
Canafia
Fenestra
Sundoradorese
Lee Tom
N.J
N.J Gen 5S MS E342 Tae 102%, | 124 ‘Ann Cony
Cen Pac
TOA
Iceeee
Chesapeake & Ohio Pac
BBS& Quincy
Ri& Prr
Colo Industrial
Col & Bouthern
Ceeseeee T
Seer Sen Ee Soon Nam
Consol Gas Coony
Saklete
Wness
Aes
S_ Steel Corp
Tetera Eee
City Gas
Dot
Mas & Marot Oe
Edtesn Elect of
Cnv
Erle
Roup Cs
Erie Ny
Erie Pennsylvania
Iano So
Ceeweye
Ceee Dees MH
West Shore
West Tn
Vita Ee
Westinc
Sy Lees Ao
J R
Gen
Elec. Con
N. Ee . HL
Western
Ts & Ve
Atchison
Atchison. Pt
Boston &Albany
Boston & Maine
Bost, & Worcester Pt
Fitchburg Pf
Northern
New England
Western Pf
Sea Reves
Ag. Chem. Pt
Edison Vege Eevenew Eset
Elec
United Fruit
United Shoe
United Shoe Pt
S. Steel
Ty. Co Ss Steel Vf
Amalgamated
Arcadian Co Ae
Ariz. Com
Bingham Eee
Boston Con
Boston & Corbinee
Cal
Ariz
Hecla
Daly-West
Franklin - Ice Vas
Greene Cananea
la Salle
Shannon A
Trinity
ISU
U. &. Smelts
Smelting Pl. Gu
United Copper Saccese
Utah Con
Utah Copper
Victoria Peeeeereee
Winona
Wolverine
Wyandotte Errereerees
Consolidated Exchange
Sal Owen
Ann
O'S Ory
S&o
A. T&sf
Ralt & Ohio
Brock
R.T
Can. Pacific
Col. F. & Iron
Col. Southern
Dist Secur
North
K. & Toe
Pacific
Lead
N. Y. Central
Rep. Steel
Rock Island
Southern Pao
TN Tam
Southern Ry
South
Ryees
Union Pact
Ruther
U. S. Steel Pf
Wabash Seaver
Atlanta
Batopilas
Comstock Eee
Con. Co. & Va
Little Chief
Money and Exchange
Bethlehem Steel
Metal Market Reports
Kountze Brothers
Cedar St
Aetna National Bank
Irving National Exchange Metropolitan Bank
National Bank of Cuba
National
Copper Bank Trust Co. of America
Goodman Tel
N. W. Halsey Bankers
Eco
INVE
Philadelphia
New “York
York
Wess
Girard Trust
B. Morris
N. Ely
A. Jackson
Rhoads
Myward S. Page
Nassau ST
Commercial Trust Company Oy
New Jersey
Jersey City
N. 4
Phenix National Bank
City of New York
Cor
Nassau and
Liberty Streets
Capital
Nassau Bank
Nassau and Beekman Sts