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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Apr 30, 1908

Page

11

Market irregularity dominates Wall Street session

The day featured uneven trading with Read ing and Union Pacific among the standout movers. Amalgamated Copper showed underlying strength while most traders refined bets as short covers and profit taking shaped price action and sentiment remained mixed at the close.

Union Pacific

Colgate & Co. of Jersey City Becomes Corporation

Colgate & Co. of Jersey City, a leading firm in the soap trade, was incorporated yesterday under New Jersey laws. Capital is $1,000,000. Incorporators are Richard M. Colgate, Russell Colgate, and Gilbert Colgate, per Trenton filing papers.

Colgate & Co. Incorporated Colgate & Co Jersey City Orgetics New Jersey Trenton Richard M Colgate, Russellsgate Gilbert Colgate

Fewer Directors Cut at U S Mortgage and Trust

The United States Mortgage and Trust Company trims its board from thirty to twenty one as Mutual Life and control interests push for more active governance. The change signals governance reform amid banking reforms, not a rebuke to the Mutual Life syndicate led by George M. Cumming, whose plan to sell 5,000 Mutual Life shares may now be altered. The merger plan with Windsor and Empire Trust remains unacted on under new terms.

Mexican Central Railway Company, Limited National Railroad O Ferrocarriles ‘Nacionales de Mexicays Mexico Piior United States Republic of Mexico Railway Company, Limited Rep Mexican Centrail Central Trust Company OF New York Wall Street Boston Kidder, Peabody & CO Devonshire Street National Railroad Company OF Mexico Mercantile Trust Company Broadway J Henry Schroder & CO Lond Amsterdam Hope &Co Banco Nacional DE Mexico Consolidated Income Government of Mexico Kers Mexican Central Railway Securities Company, Ltd United States Mortgage and Trust Company Mutual Life Stoak George M. Cumming Cumming Mutual Life’s Windsor Trust Company Empire Trust Company United States “Mortgage and Trust Company Westchester County White Plains Sanitary Sewer District County of Westchester Bronx Valley Sewer Commission Grand Street William Archer John E. Andras John J. Brown Bronx Valley Sewer Virginia Hot Springs .Company Richmond Virginia Virginia Hot Springs Company Henry T. Wickham Henry Tayior, Jr Decattr Axtell

Syndicate Arrangement May Be Canceled by Mutual Consent

The text notes a possible cancellation of an arrangement with a syndicate by mutual consent due to declines in book value. John W. Platten, VP, is named yesterday as the probable successor to President Cumming.

John W. Platten Cumming

Lanston Monotype reports strong year andMarch orders

Lanston Monotype Machine Company shows gross sales of 1 024 804 and net profits of 258 475 for the year ended February 20. March 1 orders totaled 131 270, up from 11 375 in 1907. The March 2 1908 balance sheet lists a profit and loss surplus of 1 000 165 versus 916 160 a year earlier.

Chicago Great Western Georgia Southern Florida— Bodios Toledo ST. Louis Western Weorgia Railroad Marie Minn ST. Paul & Sault Ste Tor Rock Island Ross Ang San Francisco Eastern Tlinois Cross Evansville & Terre Haute Evansville & Anne Mos. Als Street Western Stable Car Company Lanston Monotype Machine Company

The Foreign Market Sways Across London Paris and Berlin

Markets showed firmer tone with better money supply and ease in discounts. American securities led activity with Pacific issues buoyant amid Union Pacific expectations. Gold outflows totaled 13 million, and Berlin saw a late decline in sterling demand as exports rose.

London Stock Exchange Paris New York Atchison, Topeka & Santa Fé Chicago Milwaukee & St. Paul Louisville & Nashville National City Bank Lazard Freres National Bank of Commerce Lon- N.Y Tty St. Paul Csescoee Erie Seeteves Erie Ist Ae LY Sa i Ihinois Eperne Louis & Nash Ee Ae Central Pennsylvania Fee Hat Southern Pacific Liz Union Pacific Seat X& Uv Cewe U. S. Steel

Also Mentioned on This Page

United States Steel Corporation Grokers Mu 5 Aca Tie Philadelphia New York Times Hich Gales Amalgamated Copper Rys CI Balt Dewees Brookign Riot Sesiwicae Cambria Steel Cal Fuel & Iron Dist Fe Cops Ieee Elec, Co Elec Rystig. Sienneys Frank. & Southwark Ins. Co North Am Keystone_ Telephone Sup._Corp. ty Ctfis Lehigh Valley Lehigh Navigation Lehigh Nav Marsden Co Northern Central Pennsylvania Philadelphia Co Philadelphia Elec Philadelphia R. T Philadelphia, Traction Reading St. Rus.s Tonopah Belmont Tonopah Mining Union Pacific Union Traction United Gas Imp United States Steel Sts Warwick Steel West Jersey & Sea Mexican Centra Railway Company, Limited, National Railroad Company of Mexico Xero Rpeyer Brothers BANK Verein Teixeira DE Mattos Brothers Kuhn, Loeb & CO Ladenburg Berlin Broad Street Work City U.S. Mortgage Trust Syndicate Lanston Eeseaneuakyeesee Aseeesl Pry Saxony Eeeteeres Sl Hamburg Aeeeaneee Pss H Cologne Cecacerenceeee Osly Munich Augsburg Frankfort-on- Main Atchison, Topeka & Santa Fe Railway Co New York State Atchison Clark, Dodge & CO Wall St., New York Moffat & White Nassau St Houston & Texas Central First Mortgage Houston & Texas Central Railroad Company Frederick P. Olcott Central Trust Company of New York Southern Pacific Company New York City RS. Lovett N.Y N. Y We Hester Westch the Sanitary Southern States Land Company Jet Knickerbocker Trust Company Charles H. Keep Bond House Portunity Gulf & Ship Island Railroad Company Gusport Miss Fisk & Robinson Cedar Street Jamaica Township Water Company Jamaica Water Supply Company the Peoples Trust Company Montague St Brooklyn, N. Y Curb Market J. Thomas Reinhardt Exchange Mass Fifth Avenue Farmers’ Loan and Trust,Company 41St Street Maryland R. R. CO Bankers Trust Company New York City Richard Sutro William F. Harrity Edward L. Fuller George Cator Fairfax 8 Landstreet William &. Fanshawe Samuel Untermyep O. H. Smith The Wall Street Journal Gansevoort Bank Breck West 7Th Street S.sck Graer Board of R Ross Appleton Sayford Commercial Guide the New York Times Weekly Financial Quotation Review
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