Wall Street market extends strength amid bullish sentiment
Continued market strength yesterday reinforced bullish outlooks, with brokers noting higher prices likely. Traders cited durable gains over the past week, steady call money, and expectations for firmer time funds, while caution remained over speculative price projections.
New Haven Demurrer to Government Charge in Rail Case
The New York New Haven Hartford Railroad files a three part demurrer in U S District Court challenging the government petition. It argues the petition fails to show illegal restraint of interstate trade and notes limited competition points with Boston Albany and water routes while stressing lack of a clear violation under the 1880 act.
MENTIONED IN THIS ARTICLE
Boston
New York, New Haven & Hartford Railroad Company
United States
United States District Court
New Haven Road
Consolidated Railroad Company
Connecticut
Providence Securities Company
New Haven Company
Boston & Maine Railroad
New Haven Corporation
New Haven
Boston & Maine
Boston & Albany
Consolidated Road
Sefton Trantor Admitted to Effingham Lawrence & Co Membership
Sefton Trantor is admitted to membership in Effingham, Lawrence & Co at 111 Broadway, joining the Stock Exchange firm. The Bank of Montreal agency shipped 500000 to Canada, bringing two week total to 4050000. Pressinger and Schieren elected officers of the Machinery Club of Newark. Buffalo, Rochester & Pittsburg Railroad declares 3 percent dividend on preferred and 2 percent on common stock, with common reduced by 1 percent. Discharges in Augusta bankruptcy shift focus to cotton trade and Atlanta Journal mentions Mr. Gray and Mr. White entering the cotton business.
MENTIONED IN THIS ARTICLE
Effingham, Lawrence & Co
The
Stock Exchange
Broadway
Sefton Trantor
Bank of Montreal
Canada
W. P. Pressinger
Chicago Pneumatic Tool Company
Charles A. Schieren, Jr
Aes
Machinery Club of
Newark
Buffalo, Rochester & Pittsburg Railroad
Es F. McGowan
James R. Gray
Inman & Col
Augusta
Gray
Atlanta Journal
White
Effingham Bank
Robert Simpson
New York
Cance
Au- 1
le Tranter
Fingham Lawrence, & Co
Railroad Attack on Hours Law Filed in Hartford Court
The New York New Haven and Hartford Railroad sues the Interstate Commerce Commission in US Circuit Court challenging the hours of service act. It argues the ICC lacks authority to require carrier reports and deems the commission’s order unlawful. The writ is returnable on the first Monday in September.
MENTIONED IN THIS ARTICLE
Hartford, Conn
New York, New Haven & Hartford Railroad Company
United States
Inter-State Commerce Commission
Congress of the
Coffee Market Ends With Slight Decline on Weak Receipts
The coffee market stayed weak as Brazilian receipts surpassed last year's levels and fears over valorization policies spurred a bear move. The close fell 5 to 15 points with about 26,000 bags traded. Hafen Hamburg Havre and Santos markets showed mixed lower quotes while Rio and Santos prices slipped. spot coffee remained quiet at 9.5 cents per pound. Receipts totaled 65,000 bags at two ports, up from 40,000 last year.
MENTIONED IN THIS ARTICLE
Hamburg
Havre
Rio
Santos
Short term note bids and prices from yesterday’s market
Bid prices and interest on principal issues of short term notes as of yesterday’s close. Names include Am T and T, Atlantic Coast Lines, Ohio, and others with maturities from 1909 to 1912. Records show 5 percent to 6 percent yields with varying bid and asked prices across railroads and utilities.
European markets close mixed as holidays curb activity
London trading ends weak and irregular with smaller attendance on holiday. Consols ease on demand. home rails fall due to lower dividends. American securities rise modestly on parity and New York buying. Copper shares firm on metal news. Paris and Berlin trade show uneven, quiet sentiment amid foreign and exchange movements.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
New York
Paris
London market quotes for American mining stocks
Quotations from yesterday in London show prices for several American mining shares. Listings include Esperanza Lane Tomboy Dolores El Oro and Etratton's Ind with prices and ex dividend notes observed.
MENTIONED IN THIS ARTICLE
London
So UK
Bird
Esperanza Lane
Dolores
el Oro
Etratton’s Ind
Pope Co Reorganization Moves Second Dividend Approval
Vice Chancellor Howell approved a 25 percent second dividend on all allowed claims against Pope Manufacturing Co, including Chicago claimant Louis A. Unzicker and others totaling 262000. A new company plan proposes 2500000 in preferred and 4000000 in common stock, with voting trustees until August 1, 1911, financing via 800000 notes. The Hartford and Westfield plants will be operated by the new firm while others are sold.
MENTIONED IN THIS ARTICLE
Pope Manufacturing Company
Howell
Newark
Louis A. Unzicker
Chicago
Hartford
Conditions of Trade Show Steady Yet Slow Improvement
Dan's Review and Bradstreet reports indicate a gradual, uneven upturn in mercantile conditions across districts. Trade, crops, and industries show irregular gains, with the Southwest leading and the East lagging, yet overall business volume is higher than a year ago.
MENTIONED IN THIS ARTICLE
Dan
Southwest
Bradstreet’s
Grain Harvest Report From Agricultural Centers
Review of last week shows rapid harvesting of winter wheat with yields above average per acre. In corn country more rain needed and hot dry weather could drive growth. Hay and minor cereals look promising though oats return only fair at several points. Cotton yields above normal.
MENTIONED IN THIS ARTICLE
Dun
T. A. McIntyre & Co. Jersey Accounts in Bankruptcy
Bankruptcy schedules for T. A. McIntyre & Co. reveal total liabilities of 16,233 tied to Jersey City, assets of 1,497 mainly cash at Commercial Trust Co. Creditors include W. C. Ridgway 6,862 W. G. Ahrens 2,320 and H. J. Kamena 2,014. James E. Hulshizer lists liabilities of 11.0 percent, with 10,000 to Fidelity Trust Co. of Newark secured.
MENTIONED IN THIS ARTICLE
T. A. McIntyre & Co
S Jersey
New Jersey
Jersey City
Commercial Trust Company
W. C. Ridgway
Park Row
W.G. Ahrens
H.J
McIntyre Indictments Dismissed After Death
Judge Foster in the Court of General Sessions dismissed five indictments for grand larceny against Thomas A. McIntyre who died in Baltimore on Wednesday. McIntyre headed the defunct brokerage firm T. A. McIntyre & Co and was out on a 34000 dollar bail when he died. his trial had been set for October 1.
MENTIONED IN THIS ARTICLE
T. A. McIntyre
Foster
Court of General Sessions
Thomas A. McIntyre
Baltimore
McIntyre
T. A. McIntyre & Co
Harriman Interests to Take Over Wheeling & Lake Erie
Kuhn, Loeb & Co. announce on behalf of the Wabash Railroad that they will purchase the $8,000,000 three year five percent notes of the Wheeling & Lake Erie Railroad maturing today. Note holders will be paid and the notes, along with collateral bonds, pass to the Harriman interests enabling control of Wheeling & Lake Erie and potential reorganization.
MENTIONED IN THIS ARTICLE
Kuhn, Loeb & Co
Wabash Railroad Company
Wheeling & Lake Erie Railroad
Blair _& Co
Harriman
Wabash
Wheeling & Lake Erie
Wheeling and Lake Erie Railroad Co
Blair & Co
Broad Street
New York City
Kuhn, Loeb & CQ
New York
Cotton Crop Condition Mixed in State Figures Reveals Moderate Strength
Washington reports a July 25 cotton condition of 83 percent, up from 81.2 last month and 75 a year ago, with state grades led by Virginia 90, North Carolina 89, and Georgia 85. New Orleans notes traders saw the report as not bearish yet not bullish, with active months rallying then retreating to prior levels.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Tennessee
Missouri
Oklahoma
New Orleans
Cotton Contract Revision Committee Meets at New York Exchange
A New York Cotton Exchange appointed committee to revise the contract after Commerce Bureau criticisms held a meeting and announced public sessions. It invites all exchange members to attend and share views with sessions set for Aug 4 5 and 7 at 3 30 PM in the Exchange board room.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Department of Commerce
Bureau of Corporations
The
Exchange
Cotton Market Holds Narrow Range After Government Report
Cotton markets closed steady with August futures up 17 points, September down 7, and other months largely flat amid an estimated 75,000 bales traded. Liverpool closure and Bureau figures influenced sentiment while interior stock and daily movement figures showed mixed progress for the season.
MENTIONED IN THIS ARTICLE
Bull Clique
Liverpool
King
Canada
Auction of Stocks and Bonds by Muller's Firm in August 1908
Regular auction sale of stocks and bonds by Adrian H Muller & Son at 12:40 PM on August 5 1908 in Vesey Street exchange rooms. Items include Cuba Company Cuba Railroad Co Gulf and Chicago Rail Road Co Mobile Jackson Kansas City Rail Road Co and other bonds and shares including American Seating Co Hudson and Manhattan R R Tri Metal Mining Coal and several trust company certificates.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Adrian H. Muller & Son
William ST
Vesey Street
Cuba Company
Cuba RailRoad Co
American Seating Co
Mobile, Jackson & Kansas City R. R. Co
2D National Bank of
Jersey City
N. J
State Bank
Johnstown
Gloversville
Kingsboro Horse R. R
Fonda
Cayadutta Electric R'way Co
Ef Standard Trust Co
N. Y
Hudson& Manhattan R. R
Guardian Trust Co
Magazine & Book Company stockholders meet to vote
New York on July 25 1908 announces a special meeting of the stockholders on August 4 1908 at noon at 116 West 14th Street Manhattan to vote on increasing capital stock from 300 000 to 500 000 through 5000 shares of 100 each. Also notes a quarterly meeting of the American Institute on August 6 1908 at 19 W 44th St 8 PM.
MENTIONED IN THIS ARTICLE
New York
N. Y
Magazine & Book Company of
14Th Street
Borough of Manhattan
City of New York
Ss. P. Davidge
Charles C. Bechr
THE
American Institute
B. Dayton
Proposals for Baltimore City Stock Auctioned
Baltimore City invites sealed proposals for purchase of New Sewerage Loan stock totaling about 1.006 million dollars. Bids due August 14 at noon. required deposit 2 percent. settlement by August 21. provisions on certificates, interest at 3.5 percent, and pro rata awards if needed.
MENTIONED IN THIS ARTICLE
City Jall
Baltimore
General Assembly of
Maryland
City Register
Clearing House Bank
Board of Commissioners of Finance
City Hall
Baltimore City
Commissioners of Finance Reserve
John M. Littig
Isaac L. Newman
Crosstown Railway Bondholders Form Committee
A committee of bondholders for the Crosstown Railroad pleads urgency to deposit bonds with Central Trust Company of New York. They seek authority to act for holders of $1,500,000 First Mortgage Five Percent Bonds due to the carrier's financial collapse and stockholders’ inability to operate.
MENTIONED IN THIS ARTICLE
Lacombe
United States Circuit Court
Metropolitan Street Railway Company
Twenty-ninth Streets
Crosstown Reilroad Company
Crosstown Company
Crosstown
Metropolitan $Reet
Central Trust Company of
New York
Wall Street
NEW York Trust Company
Heresby
Detroit
Toledo
Trenton
Laibway Vany
Notice of Trustee Appointment in Indianapolis & Vincennes Mortgage
The Vandalia Railroad Company applies to the Marion County Circuit Court Indiana for the appointment of a trustee under the First Mortgage of the Indianapolis & Vincennes Railroad Company dated September 9 1807 to secure bonds totaling 1 769 000 issued September 10 1867 bearing seven percent interest. The vacancy arose from the death of trustees Pearce and Goddard. Hearing set for September 7 1908 during the September Term 1905. Edward B Taylor vice president Vandalia Railroad Company.
MENTIONED IN THIS ARTICLE
Pittsburgh
Vandalia Railroad Company
Indianapolis & Vincennes Railroad Company
Circuit Court
Marion County
Indiana
Edward Pearce
William God@Ward
Rhode Island
Pearce
Goddard
Railroad Company
Edward B. Taylor
Kingsbury Curtis Dittentoedson Case In Irving Filed
A terse legal notice names F Kingsbury Curtis and Irving M Dittlenooedson in a case filed, listing parties and reference to a court action. The fragment provides limited details but confirms a pending matter involving these individuals in an Irving jurisdiction.
Notices of August dividends and resignations from Adams Trust Company
List of dividends due August 1 to August 15 1908 payable at offices for various utilities and companies including Arkansaw Water Co Alliance Water Works Beloit Water Works Birmingham Water Works Clinton Water Works Cornell Steamboat Cincinnati and Muskingum Valley Rail Co Citizens Gas Co Kankakee Commonwealth Water Light Co Consolidated Gas Cumberland El Reno Water Freeport Water Fleischmann Realty Reg Int Galena Water Co Kansas Gloversville Broadalbin Rail Road Co Kalispell Water Electric Ixokomo Water Works Larchmont Yacht Club Leadville Water Co Monongahela Valley Water Co Montgomery Street Ry Peoples Street Ry Luzerne County Scranton Pittsburg Cincinnati Chicago St Louis Ry Co Series E Pyle James Sons Sheboygan City Water Co St Louis Merchants Bridge Co Seymour Water Co Stevens Point Water Co Union Club Vandalia Railroad Co Victory Manufacturing Waterford Water Works Aug 10 1908 Dividends Aug 15 1908 Farmers Loan Trust Co Pullman Co Pittsburgh Cincinnati Chicago St Louis Ry on Common Stock Twin City Rapid Transit Co Vandalia Railroad Co Notice of resignation Adams Trust Co as Trustee under mortgage of Newton and Northwestern Railroad Co dated Dec 1 1904 for 400 000 Funding Mortgage 5 Per Cent Ten Year Gold Bonds with resignation filed to President Adams Trust Co Samuel Carr President L Burrill Secretary Hudson River Electric Power Co 5% having defaulted on August 1 coupon holders to join for mutual protection by mail to Handholder Times 80 Broadway
MENTIONED IN THIS ARTICLE
Arkansaw Water Company
Alliance Water Works Company
Beloit Water Works Company
Birmingham Water Works Company
Clinton Water Works Company
Cornell Steamboat Company
Cincinnati & Muskingum Valley Railroad Company
Citizens’ Gas Company of
Kankakee
Commonwealth Water & Light Company
New Jersey
Consolidated Gas Company
Cumberland Corporation
el Reno Water Company
Freeport Water Company
Fleischmann Realty & Construction Co
Galena Water Company
Kansas
Gloversville & Broadalbin Railooad Company
Kalispell Water
St. Louis Merchants’ Bridge Company
Seymour Water Company
Stevens Point Water Company
Union Club, Vandalia Railroad Company
Victory Manufacturing Company
Waterford Water Works Company
The
Farmers’ Loan and Trust Company
Pullman Company
Pittsburgh
Cincinnati
Chicago & St. Louis Ry. Co
Twin City Rapid Transit Company
Vandalia Railroad Company
Adams Trust Company
Newton & Northwestern Railroad Company
Boston
Masesachusetts
Safi Rairoad Company
Samuel Carr
L. Burrill
Hudson River Electric Power Co
Broadway
Winslow Lanier Co Coupon and Dividend Notice
The firm announces payable coupons and dividends at its banking house on and after August 18 1908. Items include American Cotton Oil Co 4 1/2% debentures Bedford fundings Cambridge City bonds Cleveland Akron Columbus Ry Co mortgages and other Indiana and Ohio issues with several street improvement and railroad securities.
MENTIONED IN THIS ARTICLE
American Cotton Oil Co
Bedford
Indiana
Cambridge City
Cleveland, Akron & Columbus
Cleveland
Pittsburgh Rd
Grant County
Gas City
Greenfield
Ind
Massillon
Pittsburgh
Ft. Wayne
Chicago
Waterbury Company declares dividends for preferred and common stock
The Waterbury Company of New Jersey pays a quarterly preferred stock dividend of two percent and a common stock dividend of one and a quarter percent, with payments August 1, 1900S to holders of record July 31, 1908. Transfer books close July 29 and reopen August 1, 1908. FRANK MORGAN, Secretary. Waterbury Company West Virginia also declares a quarterly dividend of one half of one percent payable August 1, 1908 to holders of record July 1, 1908. Transfer books close July 20 and reopen August 1, 1908. FRANK MORGAN, Secretary. HIGHLIPALOO ROCHESTER & PITTSBURGH RAILWAY COMPANY declares dividends of 3 percent on preferred and 2 percent on common stock, payable August 15, 1998 to stockholders of record August 7. Checks mailed to stockholders. J HO CART, Secretary. New York, July 31, 1905.
MENTIONED IN THIS ARTICLE
Mahoning Investment “Company
Lewis, Iselin
New York
German-American Bank
Board of
F. Frederichs
Waterbury Company
New Jersey
Frank Morgan
West Virginia
Chicago & Alton Railroad CO
Wall Street
F. H. Davis
Haineis Central Railroad Company
Illinois Central Railrroad Company
A. G. Hackstaff
Hlppialo
Rochester & Pittsburgh Railway Company
J Hocart
Proposals Sought for Trunk Lockers by U S Army
Government notices from New York and Governors Island call for sealed proposals for furnishing 14 000 trunk lockers by August 11 1909 with shipments to depots in Washington Philadelphia Pittsburgh Chicago and St Louis. Proposals must be in triplicate and endorsed Proposals for Lockers.
MENTIONED IN THIS ARTICLE
Depot Quartermasters
Whitehall Street
New York City
Washington
D.C
Philadelphia
Pittsburg
Chicago
St. Louis
Island
Department of T
Public Notice of Tax Assessment and Sealed Bid Call
Public notice announces Tax Law assessment of bank shares by New York City Board of Taxes and Assessments with copies at Hall of Records for inspection until the third Tuesday in August. It records a meeting date at 10 AM to review complaints. Also se job bids for high pressure fire service equipment at Brooklyn pumping stations with August 12 1998 deadline.
MENTIONED IN THIS ARTICLE
State of
Nee—York
Board of Taxes and Assessments
City of New York
Frank Raymond
Bédard
Department of Taxes and Assessments
Hall of Records
Chambers Street
Borough of Manhattan
Lawson Purdy
Department OF Water Supply
Park Row
Borough of
Manhattan City
New York
Borough’ of
Brooklyn
Furman
Joralemon S
Willoughby
St. Edwards Stroetas
Park How
City
Commissioner of Water Supply, Gas and Electricity
Oeclock
Borswough
Manhattan
Oliver
South Streets
Gansevoort
West Streeta
Ser City Record
Jovwn H. Obrien
Tang
Fire Department
City of
Iorough
Borough ‘of
Ee Secaeters
Nicholas
J. Hayes
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Fine Money Outlook
Fme
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Erie Yards
George Gould
Demurrer
New York Times
Francisco
Secias
Kentucky
Lea Andes
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Best & Belcher
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Jim Butler
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Iain
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Financial Notes
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Eee Ewe
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Hae
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28Th and
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American Nitrate Company
Ball & Whicher
New York Stock Exchange
Copartnership Notices
Edward A. Price
Fred. Butterfield & Co
Petera B. Worrall
Frank I. Worrall
Ehrich, Hochstadter & CO
Broad St
N. Y. City
Spillert and Springer
Kate 5Pillert
Abraham Springer
Gillateral Trust Hotel
Toledo & Ironton Railway CO
F. Kingsbury Curtis
Irving M. Dittenlooedson
Walter L. Worrall
Joseth Ramsey, Jr
Chainvany
Charles C. Dickinson
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Charles HK. Gihman
Sison
Epmiund Seymour
Thomps OX
Allen
William Street
Winslow,Lanier &Co
Cedar Street
Chicago, Indianapolis & Louis-Ville Railway CO
Chicago & Indianapolis
Louis- Rile, New Albany & Chicago Railway Company
J. P. Morgan & Co
J. A. Helton
NEW York Dock Company
NEW York Dack Company
United States Mortgagy and Trust Co
Cedar St
George E. Spencer
Hudson & Manhattan Railroad CO
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William Hobbarnum
Hudson Companies
Plarvey Fisk & Sons
William H. Sarnum
New Oreans Great Northern Railroad Co
Fisk & Robinson
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Tl. M
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WM. So Patten
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Harrancas
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de Soto
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N.C
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Screven
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Ada
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Sam. R. Jones
Frank Raymond James H.tully
Charles Putzel
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Hugh Hastings
Charles J. McCormack
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Brooklyrn
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Uitil