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This newspaper page contains 13 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 22, 1908

Page

10

Pennsylvania Bond Sale Triggers Market Rise and Debate

The stock market rallied late on news of a $40,000,440 long term bond issue by the Pennsylvania Railroad, with investors optimistic about low interest rates and railroad refinancing. Analysts noted gains in steel stocks, mixed earnings reports from Kansas City Southern and Chicago Great Western, and ongoing gold and currency movements as Paris and Berlin bid for gold amid a US deposit deficit.

Wall Street Pennsylvania Railroad Fteel and Iron Kansas City Southern Chicago Great Western Inter-State Commerce Commission Chicago Pennsylvania Steeth New York Central Paris Berlin Treasury Department United States Alb Susp Sks OAS Iinca News Ohio Lyn Rap Va Bot DWM Cesarcas TL Nor & Wn Sea BS Northa Pac Iffalo Oregho Sol M & Con Co Ee Resapeake Kc & Alt Sigs Aesesecs Gee Ist L& SF St LL Southwestern M & St P St Paul Min & M SBS RPC Ets Witz San Ann I& R Erie GOO W.nccsene ihWabash SORE Wien Westingn E & M Eod Lee Ceva Comstock

Calendar for today books close in early preferred lists

Market note lists American Best Sug as Anaconda Upper Co H B Claflin Co first and second preferred Philadelphia Warehouse and Cold Storage Reading Railroad second preferred United Gas Improvement Co Realty and Improvement Reading areas. Dividends payable mentioned. Railway Steel Springs Co common. Annual meeting J Bailey Co special meeting Alabama Consolidated Coal and Iron Co listed.

H. B. Claflin Co Philadelphia Warehouse and Cold Stooge Reading Railroad united.Gas Improvement Co Peace States Realty and Improvement O Wersey Railway Steel Springs Co J. &. Bailey & Co Alabama Consolidated Coal and Iron Co

Money and exchange rates on the stock exchange today

Money on call on the Stock Exchange loaned at 1 percent with some loans at 2 percent. Time money varied from 0 percent for sixty days to 4 percent for four months and up to 4 1/2 percent for five and six months and a year. Mercantile paper rates ranged from 4 1/4 to 5 percent for four to six months. Clearing House exchange totals and balances were reported with gains for local banks since Friday. Sterling exchange closed firm with quoted ranges for sixty day and cable rates. Continental bills and various foreign exchange quotes were listed, alongside New York exchange points from Boston to San Francisco.

Stock Exchange Mercantile Clearing House Treasury Sterling Exchange Continental Frances Reichsmarks Guilders New York Boston Chicago St. Paul St. Louis New Orleans Bank San Francisco

Silver quotations across London New York and Mexico

Bar silver closed in London at 253 15d per ounce and in New York at 45 6 25c. Mexican dollars traded at 47 cents each with market pricing noted.

London New York

Coffee Market Sags Slightly Amid Mixed Exchanges

The Coffa trade posted 69 500 bags with many from May onward. Prices moved irregularly from a 5 point decline to an advance, closing steady. Brazil reports moderate receipts. Jundiahy and two ports show year over year parity, hinting at a potential crop under 10.5 million bags.

Hamsburg Jundiahy Rio No. 7

Curb Trading Sluggish as Prices Edge Down at Close

The curb market showed dull activity with copper and gold stocks weak and little price movement. Standard Oil rose to 583 then slid back to 575 after 68 shares traded, while Illinois Central rights saw 2,358 shares change hands between 233 and 2716, ending near 13.

Standard Oil Ilinois

Transactions in Bonds in Arbor 1908 1907 1908

Principal market activity reports several bond and stock movements across rail and industrial companies including Georgia Southern and Florida mileage figures, Missouri Pacific and Central Branch results, and varied listings for rail and mining shares. Notable totals show week April performances and year-to-date figures with bids, asks, and net results for multiple issuers.

Arbor Wey Er Detroit Toledo & Ironton Eckee Onsenseorgia Southern Florida S.e Central Branch Fobile & Meee Grande Southern Cansas City

Wheat and Corn Markets and Marconi Company Officers

Grain prices rose briefly on bullish weather signals before fading, with exports active and Chicago and New York cash markets firm. The report also lists officers and directors elected for the Marconi Wireless Telegraph Company of America, led by John W. Griggs as president and Guglielmo Marconi as vice president.

Kansas Nebraska Liverpool New York Duluth John W. Griggs Marconi Co Marconi Wireless Telegraph Company of America John. W. Griggs New Jersey Guglielmo John D. Oppe Montreal James W. Townsend Jose Esieceas Chicago Hill

Treasury balances report and bank failure in Ohio

The Treasury reports government receipts from customs and other sources with totals for gold and silver holdings and banknote issues. Separately, Bank of Wauseon in Ohio closes amid heavy withdrawals. Judge Tavner names Jerse W. Close and H. C. Rorick receivers to wind down the institution as the panic affects obligations.

Wauseon (O Toledo Ohio Bank of Wauseon Wauseon E. L. Barber Independent Telephone Company Chicago Tavner United States Court Jerse W. Close H.C. Rorick

Wall Street Closing Quotations for Bonds and Stocks

Closing quotations show numerous bond bids and asks with limited or no trades across government issues and stocks. The list includes many issues with bids and asks, and indicates market gaps and thin activity for the date April 21 1908 on the Consolidated Exchange.

Bid and Asked Entries for Virginia and Carolina Exchanges

A compact list shows bids and asks across various securities and bonds. Entries include Va.-Car. Chapter prospects, Wisconsin Cent. 14 in West, Md. 643 7% notes, and Westinghouse Ist pi-5% with percentage figures like 90% 91% and 8 W.-F. Exp.236-800, reflecting market quotes and fractional pricing details.

Va.-Car. Ch Ll. FE Aya XW. & L. -B. Va.-Car Ww & B W.-F West, Md Wis. C Wis. C. Pf Wwestingh'sa

Local meeting notes reveal election party shifts

A fragmentary report shows attendees including Brewster and Henderson at an annual gathering. The text references candidates and party movements tied to Redmond Ty and related groups, with unclear details about dates and outcomes.

Machey & J Vibe Redmond Ana Corgane Tieta Brewster Ldah Henderson Nts

Bargains in Real Estate

Advertising copy notes bargains in real estate from The New York Times Annual Real Estate Review with Next Sunday’s Times and offers advance ordering for a copy.

New York Times Next Times Adv

Also Mentioned on This Page

Spencer Trask & Co William and Pine Sts John Munroe Letters OF Credit Commercial Letters OF Credit Foreign Exchange and Collections IHLE Munroe & CO Kountze Brothers Broadway & Cedar Sr U.S. Steel Corporation Chisholm & Chapman New York Stock Exchange Fifth Ave Trust Companies Greater New York Moffat & White Nassau’ Street Telegraph Co Apcotern Union Telegraph A. M. Kidder & Co Wall St Redmond As Royal Baking Powder Connecticut Ry, & Light Common Lehigh & Wilkesbarre Rubber Goods Mfg Ptd. Trust Co. of America Broad Broad St Indorsement Metropolitan Street Railway 29Th St Grosstown West S Ts. Ferries LF. Hepburn New St Nmccurpdy Henderson & Coo., Bankers Sere Eens Ev —. Investment ‘Securities Wardwell & Adams Broadway Ntakarsaes Manhattan Hotel le Cotton Exchange Hall Signal Cripple Creek Central Com Tefft, Weller & Co Worthington Pump North Side Bank Brooklyn Willard & Tel Hanover F P. Freeman & CO Broad Street Stocks and Bonds Swartwout & Appenzellar John Pine St White & & CO Pine Street First Mortgage Metropolitan Street Wil H Ever & CO Tel Bankers American Store Co German-American Coffee Co Union Trust Company Corn Exchange Bank American Iron and Steel Siegel, Heulner Ceeeese Corra Ask Peay Cape Jistille Jul. S. Dul Reneral ‘Meat Nuisvil Anhati Exican Kanissouri Rational Kur Rhs S. Steel Ph.v Utah Copper A. Iron, Coal & C Vabash Coca Cesse IQ Vabash Pf Western Union Tel Westinghouse BE. & M Eee American Cet & Foundry Amer Tee Securities Smelt Smet Phat Amer Tota Co S. F. of Baltimore & Ohio Batopilas Mining Brook Canadian Pacific Spe I Central Her Co Miesaays Ogi Wsy R. Mar Southern Tee Pleass Nash Caeentral Louis P&s Texas Pacific Sc Eewee If Biscuit Co Enam. & Stamp National Lead. Co National Lead ‘Co. Pe Do Yat. R. RR Mex. Pr Newhouse M. & Ore Acai Ont Norfolk & Western N. P. Reds Pacific Mail Pullman Company Rep Iron & Steel Rock Island Concreeee Rock See Co Sloss-Shef. & Iron Tennessee Copper Wee Third Avenue Gov. Pees Union Bag & Paper Union Pacific Searcere United Rys Wrens Rys Outside Securities Bay State Gas Hudson Nav Manhat Tran Biy Standard Nat. Rys Seaboard Co Laining Alaska M. Sec Bonanza Creek Boston -Copper Butte Coal'n Butte & N Te Osoe Con Ariz. Sm Ely M Davis-Daly Es Florence Foster Cobalt Giroux General Mines Gold Hill Goldfield Con tGoldf Cananea Greene Gold Greene G.-S Miami Copper Micmac Mines Mines Co MecKinley-Dar Mont Nipissing M. C N. Butte Ives Penn Portland Silver Leaf Stewart Ives. Oc Sup. & Pitts Belmont Thy T.m.of N Montana Trinity Copper United Copper Bay OS Rico Yukon New York Aires Phil Vera Gils TWA cc SK Hire Unig BUD Sciences S&s Pump Eapo PHP Zoe Mexico Aia Auu Boston Copper British, Columbia Butte Coalition Butte Sug Goldfield Daisy Sereere Greene-Cananea Greene Guggenheim Havana ‘Tobacco Havana Tobacco Manhattan Miemac Mines Mines Co. of America Nevada Utah Otis Elevator United Grain and Provisions Beg Aly Is Pitts Rome W & Og Vas Sted Orp the Treasury Balances Washington Ap Cain Boyvenus Heous Urs Berin R Co Chas van Nostrand Gas and Electric Securities Acker W. W. Halsey & CO WO Wall SP Uhicare Ai Uson L. B. Wilson & CO Consolidated Stock Exchange of N.Y N. Y National National Bank of Cuban Irving National Exchange Bank Goodman & Co Teall St Aeanders St. P K. & AE Ctc D. M Allis-Chalm Allis-Ch G.-T A. H L. Co M. Pf Snuff Am. W. Co TES. Wottead Ann Arbor Ann & Pf O. Pf Boe SS & R NS Bee Ches, & O Cy & AY Bo & Q St. L. Pf R.R R. G Deerwees South C. Co Eae & Fed Ch. Co Erie Hock Rand R. Pf Lake Shore Long Island Mackay Cos C. R Man. Beach MD. C. Pf St. Ry St. Er St. U T. Bas St. L RG Stove, Mae Meroe Roy Eee St. L. Pt Rens. &.S New Otis Ee & A Sears Texas Cent Tex. C. Pf Lele West UN. Pac. Pf U. S. Exp U. S. Leath Py U. S. Pf Us KR U. S Suas R. R Vulcan Det Consolidated Exchange Balt Pacific Chi Gt. West Col. Fuel & T Dist. Securities Erie Eee Gt. North. -Po Inter Central Bly Nor Pacific Rep. Steel Rep. Steel Pf Rock Island Vt Southern Pac Union Pacific US. Steel Taig Steel Best & Belcher Blue Bell O Cal Elkton Ead Goldfield Ontario Andy Sandstorm Financial Notes New York City Willard V. King WM. H. Nichols Howard Bayne Langley W. Wiggs Edwin B. Pottspark Terrell ICERS Treas Mgr. Bond Dept David S. Niles Girard Trust E i _ EID Commercial Trust Company OF Mey Jensey Ents & Pre Cork Eijent Phenix National Bank City of Coz Nassau and Liberty Streets Nassau Bank Naseau and Beekman Sts I. Ee Reinhardt
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