TOPICS IN WALL STREET Paints Eric as Market Influence
The piece portrays Eric as a controversial influence on Wall Street trading and notes that market conditions in the past ten days have been blamed on him. It discusses speculative campaigns, a big block trade, rumored strategies, and the importance of Clearing House loan certificates amid stress. It ends with a tale of a fraudulent tunnel contract in Colorado.
MENTIONED IN THIS ARTICLE
Otay
Financial
Eric
Erie
Wall Street
Clearing House Association
Interborough
Colorado
Gassy
Mexican Government to control new National Railways of Mexico merger
Announcement of the merger between the National Railroad of Mexico and the Mexico Central creates the National Railways of Mexico. The government will own majority stock and guarantee bonds, with $14.87 million cash needs and total company capitalization of $230 million plus bond issues.
MENTIONED IN THIS ARTICLE
National Railroad of Mexico
Mexico Central
National Railways of Mexico
Treasury figures show April 7 banknote redemptions and funds
Washington reports National banknotes received for redemption totaling 1.617 million dollars and government receipts from internal revenue 315 thousand, customs 943 thousand, and miscellaneous 74 thousand. Expenditures total 1.89 million with reserve fund coins and bullion at 180 million and various fund balances listed against national banks and the Treasury.
MENTIONED IN THIS ARTICLE
Washington
Hyer Gollars Weeyesee
Market Dull in Baltimore as Prices Fail to Rise
The Baltimore market opened dull with weak prices. Northern Central Railway shares gained 4 percent while bonds traded around 20,900. Other listed securities such as Richmond Trac and Cotton Duck 6s showed mixed, modest activity amid the overall subdued session.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Northern Central Railway
Orghern Oe
Sicistoccine
Richmond Trac
United By: Inc
B. B. Brew
Northern Central
Western Eee
Citizens’ Prank
Houston Oil Ve Se
Copper Profits Show Decline in Annual Report
The Utah Copper Company reports for the year ended December 31 show net earnings from sales of 2,939,070, down from 4,606,915 in 1903. The year ends with profits of 1,179,412, vs 2,835,008 the prior year, and a total surplus of 3,630,139 after 2,100,000 in dividends, with dividends up 600,000 from 1906.
MENTIONED IN THIS ARTICLE
Utah Consolidated Copper Company
General Reserve
Electric Trains Expand Service Between New York and Stamford
The New York New Haven Hartford Railroad announces eighty three weekday electric trains and thirty three Sunday trains between New York and Stamford. By July first the rail line will switch all trains to electric service and a fourth power unit will be added at the Coscob powerhouse to ensure emergency power.
MENTIONED IN THIS ARTICLE
New Haven
New York, New Haven & Hartford Railroad Company
New York
Stamford
Depts
Coscob
Exchange volume dwindles in Philadelphia trading day
Special to The New York Times reports April 7 in Philadelphia that local Exchange business again fell with only 15 979 shares changing hands. Most activity came from Reading United States Steel Tonopah Mining and Lehigh Valley.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
Reading
United States
Tonopah
Lehigh Valley
Consolidated Copper seeks charter amendment and name change
The Consolidated Copper Company filed with the State Department to amend its charter and change its name to the Mines Company. Capital would rise from 50 million to 80 million dollars. Directors include D. k. Companys Sers and L. O. V. Everhard of Philadelphia and Howard B. Stavers of Ardmore. American Timber and Lumber Company of Philadelphia and retailers and other firms list new capital and officers.
MENTIONED IN THIS ARTICLE
Wilmington
Consolidated Copper Company
E Mines Company
Pea Tee
Copper Company
Capt Pe Oo
Bantes Hoel
Velden
Alaska
Mecitow Eee Pase
T. J. Franklin
New York
American Timber and Lumber Company
Philadelphia
Ital
Crassis Specialty Company
Capital
Safety Razor Company
Philand Oe Capita
Seeee Unk
Esiladelphia White
D. Tk
European Markets Report From London Paris and Berlin
The April 7 dispatch notes quiet demand and ample supply in London with easy discounts ahead of potential India Council gold releases for the Bank of England. American shares edged up modestly while Erie Railroad news unsettled local trading. Copper and silver steady. discount rates cited. Paris dull with indecisive prices on the Bourse. Berlin quiet with little change in prices.
MENTIONED IN THIS ARTICLE
London
India Council
Bank of England
Stock Exchange
County Council
Erie
New York
Paris
European State and Municipal Securities Quoted
Yesterday’s London closing quotations show German console at 85 to 82 with 905 to 91 bids and asks. German, Bavarian, Hessian, Saxony, Hamburg, Cologne, Munich, Augsburg, and Seoe pot City issues listed with varied bid ask ranges. Mexican, Russian, French rente, and British consoles also shown with price figures.
MENTIONED IN THIS ARTICLE
Saxony
Hamburg
City of
Cologne
City of Munich
Wesees
Augsburg
Rente
Ccsesee
Ecore
Bank merger adds Republic directors to Shawmut Board
Boston April 7 The merger of the National Bank of the Republic with National Shawmut Bank is completed. Republic directors Charles A. Vialle Albert Stona Charles Hayden J Fred Brown and William H Wellington join the Shawmut board. Republic stock valued at 181 on book after dividends, with a 175 estimated sale price and a 30.50 per share bonus yielding about 200 per Republic share. Last Republic stock traded at 142.
MENTIONED IN THIS ARTICLE
Boston
National Bank of the Republic
National Shawmut Bank
Charles A. Vialle
Albert Stona
Charles Hayden
J. Fred Brown
Wiliam H. Wellington
the Republic
Closing quotations on the Colorado Springs exchange
The local exchange in Colorado Springs reports closing quotations for today with scattered prices including El Paso Portland Rawlings Findlay and other listed entities. Data shows mixed bids and asks among several stocks.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Col
el Paso
Portland
Rawlings
Eac
Findlay
Numerous New York Companies Formed In April Incorporations
Albany April 7 The New York area sees a wave of incorporations across mining contracting and building machinery amusement devices sanitation and real estate firms. Notable entries include San Vincento Company New York capital 500000 directors Bes son Bilhart Camp and Andrews & Co with 250000 capital. Additional firms cover I N Manufacturing Company Empire Equipment Company The Engine Company and Wilmer & Vincent Inc among others with varied capitals and named directors.
MENTIONED IN THIS ARTICLE
New York Times
Albany
San Vincento Company
New York
Leonidas H. Besson
Hudson Street
Hoboken
N. J
Oscar M. Bilhart
Flat River
Hugh N. Camp, Jr
West Fifty-ninth Street
F. M. Andrews & Co
Frank M. Andrews
West Thirty-second Street
William A. Ullman
Broadway
Wiliam N. Elbert
West Fifty-seventh Street
X. L. Manufacturing Company
Myron J. Boyce
Fred Polezer
East Sixty-ninth Street
Arlington
Eres
East Twenty-fourth Street
Empire Equipment Company
N.Y
Capital
P. M. Pfeil
Pittsburg
Penn
J. H. van Alstyne
Battery Place
Charles I. Stimrok
Schenectady
N. Y
Te Engine Company
New_York
Jeannette Bloch
Humboldt Street
Union Hill
H. M. Browne
Nassau Street
A. H. Nelson
Isoe Street
Nvincible Fireproof Floors Company
Brooklyn
Gustave Niederehe
Philander Griffing
Washington Avenue
Stephen Griffing
Eighteenth Street
William H. Moorhouse
Isle and City
William H. Moorhougs, Jr
Allen T. Moorhouse
Cooper Street
Long Island City
Borough of Queens
F. W. Mills
Universal Patent Sales Company
Emory L. Bridge
St. Nicholas Avenue
Kathleen I. Bartholomew
Fifth Avenue
Leopold C. Gosselin, Jr
Stapleton
Sking
Sidney Wilmer
Max Spiegel
Howard’ Levy, Inc
Manucuring
Adolph Meyer
T. Eleventh Street
Joseph Berigman
Louis Kata
Twelfth Avenue
Luminous Silver Polish Company
New Capital
William M. Parke
Lefferts Place
Roger J. Heisler
West Fifty-sixth Street
Charles F. Lark
Avenue Crockery Company
New Reek Capital
Isaac A
Fourteenth Street
Jacob Feingold
Lewis Rosenthal
Snee Street
Hmilie M. Bullowa
Frederick R. Ryan
Joseph R. Hennigan
Inks Chine Company
Se Aenapateerone Golaman
Park Row
Kere Korlum Company
Bank Branch Listings Across Cities
The record lists offices for Farmers' Loan and Trust Company at 16 18 20 22 William Street and 476 Fifth Avenue in New York along with branches in London at 18 Bishopsgate Street Within Paris at 78 Rue de Richelieu.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Paris
Rue de Richelieu
41St Street
Andrew J. McCormack
Adrian H. Muller & Son
William
Vesey
Betsy Head
Duluth & Iron Range Ry. Co
P. O
Chicago, & Northwestern Ry
P. O. Bas
Chicago, Rock Island & Pacific RR. Co
Chicago & Northwastern Ry. Co
Illinois Central R. R. Co
Sloss-Iron & Steel Co
Texas Company
Old Co
Guannacevi Tunnel Co
de Lamar Gold Mining
Frente Syndicate Participation
Nassau Bank
Oswego & Rome R. R
Rio Grands Western R. R
Loan Committee Reports $101 Million in Panic Certificates
The Clearing House Loan Committee issued certificates totaling 101 060 000 during the money panic. At the peak 88 426 000 were outstanding on December 16. Between Oct 26 1907 and March 28 final cancellations reduced all issues over 154 days.
MENTIONED IN THIS ARTICLE
Clearing House
Gilbert
Bankers Criticize Aldrich Bill in Letter Campaign
August Blum of Chicago, president of the Clearing House Section of the American Bankers Association, circulates a letter urging opposition to the Aldrich bill. He states bankers who studied the bill believe it would injure national business and urges lawmakers to act to prevent its passage.
MENTIONED IN THIS ARTICLE
Clearing House
American Bankers’ Association
August Blum
Chicago
Coffee market shows firm close amid active trading
The coffee market was more active yesterday with prices closing steady to 5 points higher. Receipts from Brazil reached 26,000 bags while European cables showed port positions at 21,000 bags ahead of last year and two years ago.
MENTIONED IN THIS ARTICLE
Jundiahy
Santos
Rio
Hamburg
Eowesteers
United Railway Notes Sold in San Francisco
The entire issue of eight million eight hundred thousand dollars in six percent serial notes of 1808 of the United Railways Investment Company of San Francisco has been subscribed. The notes were issued to enable the company to acquire at par three million five hundred thousand dollars of the first preferred seven percent stock of United Railroads of San Francisco. The balance five million dollars is authorized, with another one million five hundred thousand acquired in 1907 by the United Railways Investment Company.
MENTIONED IN THIS ARTICLE
United Railway
United Railways Investment Company of
San Francisco
United Railroads of
United Railways Investment Company
City and Suburban Homes Company
Th Company
Fourth Avenue
Borough
Manhattan
City of New York
New York
Sixty-third
Amsterdam Avenue
Seventy-ninth Streets
Avenue A
Dividend notices from multiple companies dated 1908
notices announce semi annual dividend payments and record dates for North River Insurance Federal Sugar Refining United Gas Improvement Co and a partner note the departure of Albert W Harris from N W Harris Co with details on transfer books payment dates and offices mentioned in New York Philadelphia and Chicago venues
MENTIONED IN THIS ARTICLE
The
North River Insurance Company
William St
New York City
F. H. Crum
Federal Sugar Refining Company
Dumont Clarke
Albert VW. Harris
Harris
Harris Trust & Savings Bank of Chicago
N. W. Harris & CO
Pine St
Corner William
Federal St
Boston
Mass
Paramount in the financial field by The New York Times
The New York Times led the financial press in the first quarter of 1908 with over twenty two percent more financial advertising than any rival paper. In March the Times printed over twenty percent more than all other papers combined and remained the sole New York newspaper to exceed its March 1907 performance.
MENTIONED IN THIS ARTICLE
New York Times
New York
Also Mentioned on This Page
Erte
Jackson
Mexico
Common Stock
the Treasury Balances
Utah
Lehigh
Ct. Geeedes
Marsden
Ph & Nt
Seeeseel
Pennsylvania
Penn. Salt Co. Eeeeee Vo
Philadelphia. Co. Aren
Philadelphia Co. Pf
Philadelphia Ellectric
Philadelphia Traction
Sit
Railways Co
Reading Wesee Veces
Reading 2d
Belmont Seses
Tonopah Mining
C.a
United Gas Imp
Cresee
S. Steel
Seeeneece
U. Secreoes OS
U. S. Steel Pf
West Jersey &O. B
Alpha
Ophir Beleher
Gould & Curr
St. Louise
Hale & Naoco
Union Con
Kentucky Catesee
Ifield GC. M
Belmont
Jim Butler
McNamara
Midway
Red Hills
Ewenee
Montana
Amistorm
Ohio
Bull Adams Eeearaere OA
Atlanta Cuseeeuse
Esse
Ese
Montgomery Min
Sagat Fi
Diamondfield
Delaware
Parle
Berlin
Foreign Public Securities
Feo
Lon- N.Y. N
Don. Bauiv. Clos
Connel
Erbe Zy
Anaconda Eeennee
Atchison . Qeeeves
Pacif
Saeedd
St. Paul
Ecees
Sacceceneee
Illinois
Louis & Nash
N. Y. Central
Boston Bank of the Republic
Bishopsgate St
Brooklyn Trust Company
Montague St
Bedford Ave
Fulton St
Wall St
State Banking Department
Theodore Samuel W. Boocock
Alexander M. White
David H. Lasman
Stanley W. Husted
Sers Tler
Frank J. W. Diller
Willis McDonald, Jr
Horace W. Farrell
C. 0. Brinckerhoff
Mgr
Bedford Branch
Trust Company OF America
Colonial
Gresham ST
B. C
Travellers Letters
Aldrich Bill
Blum
R. B. Young & CO
Brazer Bldg
Boston, Mass
Chas
van Nostrand
Beekman St
Eriz Railroad Company
Eine Railroad Company
Public Service Commission
IGE
Messrs
Charles Steele
George F. Baker
Edward H. Harriman
Erie Railroad Company
HRIE
J. P. Morgan & CO
Do. Ao
la Liga2
Gold Mining Co
Railway Automatic Sales Co
Park & Tilford
P. c. Deb
Chatham National Bank
the Republic Mines Co. “Ltda
Casualty, of America
First
Bank of Broo
Mercantile Nat. Bank
Nassau Trust ,O
Metropolitan Surety Co
Norfolk Newport News Publishing Co
Importers & Traders Natl. Bank
Bank of New York
Wells Fargo & Co
Manila Electric R. R. & Lighting Co
Knickerbocker Trust Co
Sha
14Th Street Bank
N. Y. Mtge. & Security
New York & New Jersey Water Co
N. Y. & Queens Gas Co
Geni. Tre. Sp
Nterborough Realty Co
Nvestors
Wall Street Journal
Kansas City Southern By. Co
Broad St
R. B. Sperry
NEW York Produce Exchange Bank
John R, Wood
Century Realty Company
B. M. Fellows
United Gas Improvement Company
N. W
Broad & Arch Streets
T.rwis Lilli
Home Insurance Company
Cedar ST. New York
Levi P. Morton
Cornelus N. Blige
John H. Washburn
Eldridge G. Snow
George H. Hartford
Henry F. Noyes
Lucien C. Warner
Elbridge G. Snow
Messrs. Expanies
H. A. Correts
Frederic C. Buswell
James B. van Woert
John Claflin
Cord Meyer Lavi C. Weir
John Hay
Fmanusl H. Arrea
Samuel D. Styles
Tyner
Thee Company
NEW York Life Insurance Company
John C. McCall
Lake Shore and Michigan Southern Railway Company
Cleveland, O
Cleveland
Board of
Dwight W. Pardee
Federal Varnish Co
Rey Propery
Borough of Manhattan
Pany
Civ
F. J. Kiernan
Paramount
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