Wall Street Topics Point to Fall Trading Surge
Brokers anticipate a busy fall with hiring and expansion plans as new market players enter the wirehouse scene. A wealthy cotton house plans to branch into stock dealings, sourcing southern business, while time money remains near low levels and emergency circulation deters rate hikes. Mining promoters expect profits next year amid volatile sentiment and renewed betting on mining shares.
MENTIONED IN THIS ARTICLE
Exchange
Baltimore
City Hall
General Assembly of
Maryland
City Register
Clearing House Bank
Board of Commissioners of Finance
Baltimore City
Baltimore Post Office
Commissioners of Finance
John M. Littig
Isaac L. Newman
Canadian Pacific and Denver Rio Grande Earnings Decline
Railroads report a drop in fourth week July earnings for 1908 compared with 1907. Canadian Pacific shows 1,990,000 this week versus 2,280,000 last year, a 290,000 decrease, with year to date 6,196,000 versus 6,898,000. Denver Rio Grande records 516,100 this week vs 666,200 last year, down 150,100, and year to date 1,627,500 against 1,948,900.
MENTIONED IN THIS ARTICLE
Denver
Rio Grande
Andrew J. McCormack
Adrian H. Muller & Son
Williamt
Vesey
Cuba Company
Cuba Railroad Co
National Bank of
Jersey City
N. J
State Bank
Johnstown
Gloversville
Kingsboro
Horse R. R. Co
Fonda
R'way
Cayadutta Electric R'way Co
Standard Trust Co
N. Y
Hudson & Manhattan R. R
Guardian Trust Co
Tri-Metallic Mining, Smelting & Refining Co
Indapls
Western Ry. Co
John M. Thompson & Co
American Meter Co
Dayton Nat'l Bank
Dayton
Ohio
Llano Mining & Milling Co
Ariz
Texas & Pacific Coal Co
Metropolitan Surety Co
United Copper Co
Cleveland Electric Illuminating Co
S. Nassau Trust.Co
Colorado Springs Electric Co
N. Y. Mortgage & Security Co
Indiana, Decatur & Western R.R
Eastern Steel Co
Hall & Lyon Co
Union Typewriter Co
Berwick Consolidated Gas Co
Berwick
Penn
Chicago & Northwestern R. R
Menominee
City of
Cotton Market Advances on Weather Readings
The cotton market closed 4 to 10 points higher after a day of gains driven by favorable weather and strong overseas cables. Active months rose several points before easing late. Savannah noted Continental demand with light offerings while Southern markets showed mixed movements with modest sales across Galveston Savannah Norfolk Houston and Augusta.
MENTIONED IN THIS ARTICLE
Savannah
Gulf
Galveston
Norfolk
Houston
Augusta
Investor admonition on market timing and timing of swells
A long voiced critique warns investors against buying at peaks or selling at bottoms. It argues profits come from riding major market swings, recounting past calls and urging disciplined adherence to bottom-to-top entry points for big gains.
MENTIONED IN THIS ARTICLE
St. Paul
Union Pacific
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Wall Street
Time Money Outlook
Steel Corporation
San Francisco
KE & Ohs
Mos
Colorado Sae Peck Jn
Weet Eeeseee
Delaware & Hudson
Ross
Rail
Net Inc
Depts
Inc
Sosa
the Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
London
Bishopsgate St
Within
Paris
Boulevard Haussmann
Brooklyn Trust Company
Montague St
Bedford Ave
Fulton St
Manhattan
Broadwi
Wall St
Thomas T. Barr
Samuel W. Boocock
George W. Chauncey
William N. Dykman
William Hester
Francis L. Hine
Theodore F. Mill
Surplus
William A. Jamis Frank Lyman Willis L. Ogden
Joseph E. Owens John J. Pierrepot
Charlies M. Pratt
David
George G. Reynolds Charles A. Schieren
Edward M. Shepard
J. H. Walbridge
Alexander M. White Willis D. Wood
Enman
Buffalo & Southwestern R. R. Go
Buffalo
Jamestown
Erie
Chicago
Ill
Chas. C. Harrison, Jr. & CO
South Third Street
Philadelphia
Nassau Street
Travellers Letters
Consolidated Steamship Lines
Jipney P. Bootrh
H. J. Braker
W. A. Chesebrough
Henry Hornblower
H. R. Mallory
Galen L. Stone
Beekman St
N.Y
Aolders
SAN Francisco & North Pacifi Railway Company
Mercantile Trust Company
San Francisco and North Pacific Railway Company
Guy Richapns
Broadway
State of New York
Secretary of State
Ramsay-Somervendrew Company
Albany
James L. Whalen
Strauss & AZ Obesur
Attys
City
Kirsch & Hirsch
Martin Kirsch
Eugene Hirsch
Erie Railroad
Pennsylvania
Erie Railroad Company
J. P. Morgan & CO
Southern Pacific Compan
A. K. van Deventer
Steel Car Company
James M. Lambing
Treas
En Jefferson and Clearfield
Coal and Iron Company
Geo. H. Clune
Rochester
JM. Adams Audit Company
Madison
National Rice Milling Company
Agust
Prudential Building
Broad Street
Newark
New Jersey
P. P. Lynch
Butler Brothers Hoff Company
City of New York
Walter Butler
William Butler
OF the
American Institute
W. 44Th St
Sp.m. Kh
Virginia Passenger & Power Company
Richmond Passenger & Power Company
Richmond Praction Company
First Consolidated
Richmond & Manchester Railway Company
South Side Railroad & Development Company
Richmond & Petersburg Electric Railway Company
Messrs. Ford, Bacon & Davis
J. G. White & Company, Incorporated
Bowling Green Trust Company
International Trust Company
Milk Street
Boston
Mass
The
Guarantee Trust and Safe Deposits Company
Chestnut Street
Baltimore Trust & Guarantee Company
Central Trust Company
Douglas Robinson
Frank Jay Gould
Charles 8. Whelen
Ja M. Chandler
Henry W. Anderson
Committee
Carter, Ledyard & Milburn
Seemaeet Bondholders’ Protective Committee
Charles S. Whelen
South Side Railway & Development Company Bondholders’ Protective Committee
South Side Railway & Development Company
American Nitrate Company
Ball & Whicher
New York Stock
Pope Manufacturing Company
Central Trust Company OF New York
New York City
Henry V. Poor
Joline, Larkin & Rathbone
Pittsburgh
Vandalia Railroad Company
Indianapolis & Vincennes Railroad Company
Circuit Court
Marion County
Indiana
Indianapolis & Vincennes Raiilroad Company
Edward Pearce
William Goddard
Rhode Island
Pearce
Goddard
Edward B. Taylor
Interborough Rapid Transit
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Chicago, Bur
Quincy
Ills
Washington Terminal
S. Due
New Haven Debenture 4
Reading General 4
Dube
Bur. & Quincy Joint 4
LEO. Speyer
N. Y. Stock Exchange
Arthur Lipper & CO
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Exchange Place
Maine Steamship Company
Bankers Trust Company
York
Cravath
Hend Dorff
H. K. Knapp
Philip Lehman
Roswell Eldridge
Walter E. Frew
DE Gers
Johnson Compa
Johnson Company
T Company
Ern
T. S
Wall Street Journal
28Th and
29Th Street Crosstown Railroad
Lacombe
United States Circuit Court
Metropolitan Street Railway Company
Twenty-ninth Streets Crosstown Railroad Company
Crosstown Company
Crosstown
John. W. Hamer
Chestnut St
W. C. Heppenheimer
Horace A. Doan
A. Merritt Taylor
Charles E. Loxley
Parker, Hatch & Sheehan
Ellis Ames Ballard
Atlantic
Lake Superior
Hailway
Atlantic & Lake Superior Railway
Caplin
Paspebiac
Bonaventure
Atlantic, Quebec & Western Railway
Reelstrar
Exchequer Court of Canada
Ottawa
Messrs. Casgrain, Mitchell & Surveyor
Canada Life Building
Baie Des Chaleurs
Metapedia
Intercolonial Railway
P. Q
Messrs. Cargrain, Mitchell & Surveyor
Canada ‘Life Building, Advocates
Montreal
Laudette
Bay State
Amalgamated
Thomas W. Lawson