Grain crop outlook improves as 1893 parallels arise
Government crop data show spring wheat yields near 249 million bushels with North Dakota and others posting declines but overall prospects improving as drought fears ease. Winter wheat and corn forecasts stay favorable while rail and money markets hint at renewed business, with bank clears and iron trades signaling cautious optimism.
MENTIONED IN THIS ARTICLE
North Dakota
South Dalota
Minnesota
Washington
South Dakota
Cca
Markets of Europe Show Both Cheer and Caution
The London stock exchange week ends with cheer and rising prices despite midweek sag. Americans push the improving market while crop reports temper advances. Money remains ample, but sterling slips on New York drafts amid exports outlook. Berlin notes July exports were satisfactory, yet bankers doubtful on the U.S. business climate. The Reichsbank prepares for fall needs as a large dock strike looms. Canadians sit out rail disruption and Turkish instability weighs on sentiment.
MENTIONED IN THIS ARTICLE
Europe
NEW York Times
London
Aug
Stock Exchange
Sterling Exchange
New York
United States
Berlin Stock Exchange Gains Confidence Amid Mining Shares Rise
An industrial optimism dominates Berlin trading as mining shares jump this week. Mining securities advance and American buyers retreat slightly on the harvest report, while overall German markets show rising confidence in economic improvement.
MENTIONED IN THIS ARTICLE
NEW York Times
Berlin
Boston Copper Gossip Highlights Booming Market Hopes
Boston speculators push copper dreams as lake stocks swell by up to 25 percent while Calumet and Hecla lag. Isle Royale and Ahmeek expansions loom, Old Dominion eyes recovery, and Washoe Smelters set monthly output near 20 million pounds as Mohawk and Wolverine report mixed results.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Calumet
Hecla
Arizona
Boston & Montana
Badger State
North Butte
Isle Royale
Keweenaw
Old Dominion
Ahmeek
Superior
Pittsburg
Montana
Old Dominion Company
Maine
Davis-Daly Estates
Mohawk
Wolverine
Paris Bourse Prices Firm Amid Labor Woes and Turkish Stocks
Paris brokers observed two main topics this week as the market stayed tight. Labor troubles loom with expected future legislation likely to raise taxes on industries while Ottoman stocks hold firm as the Turkish situation appears safer to investors.
MENTIONED IN THIS ARTICLE
NEW York Times
Paris
Use of Checks in Germany Features of the New Law
Consul Carl Bailey Hurst explains the 1908 German check law aimed at popularizing checks to reduce cash use. It sets presentation deadlines by region, restricts German checks to supervised banks, and outlines indorsement rules, recall limits, and forged-signature consequences.
MENTIONED IN THIS ARTICLE
Carl Bailey Hurst
Plauen
Saxony
United States
Federal Council of the Empire
Germany
Federal Council
Europe
Iceland
Faroe Islands
Asia
Africa
Mediterranean
Black Sea
Canada
Newfoundland
Mexico
Azores
Madeira
Canaries
Cape Verde Islands
July coal company returns show curious readings and shifts
The Wall Street Journal compiled July figures for anthracite producers revealing oddities as Reading and Lackawanna share identical allotment percentages while both shipped about 873,000 tons. The year to date shows radical tonnage shifts among P C and P.& R., Lehigh Valley, C R R of N J, D L & W, Penn R R By, Erie Ont & West, and others.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Reading
Lackawanna
Ims. P.C
Lehigh Valley
C.R.R. of
N.J
Erie . Ont
West
Cive Elsness
Comores
P.C
P. Cc
N. J
del. & Hud
Penn. R
Erie
Ont
National debt rises as July shows increased expenditures
The monthly public debt statement places the debt at 958,809,823 at July’s close, up 20,677,414 for the month. It breaks down interest bearing debt and other categories, cites cash in Treasury totaling 1,791,088,029, and notes a nearly 36 million cash loss for July due to higher expenditures and note redemptions.
MENTIONED IN THIS ARTICLE
Treasury
Gala
General Fund
National Bank
Treasury of Philippine Islands
Ottoman Finances and European Market Impacts
The Turkish political shifts affect European finance as the Bank of England faces scarce gold from Egypt and South America. Turkey’s total debt about 460 million dollars, with receipts from Bulgaria Eastern Roumelia and Cyprus tributes. bonds restructured in 1881 and 1903 under four series.
MENTIONED IN THIS ARTICLE
Turkey
Bank of England
Egypt
Constantinople
London
South America
Cyprus
Regie
S. T
Europe
Germany
Council of Ministers
Foreign Mining Statistics and Empire Output in 1906
A summary from Mr. Ralph S. G. Stokes reports the British Empire’s annual mineral value surpassing 1.003 billion dollars. 1906 figures show Empire shares of world totals across several minerals, with France lagging in ore production and Britain highlighted as benefiting from gold mining’s growth within its colonial territories.
MENTIONED IN THIS ARTICLE
Ralph S. G. Stokes
British Empire
France
Directoire Generale Des Mines
Ballarat
Raadieo
Russian Ural iron works close after bankruptcy notice
The Urals iron works founded around 1758 by Tverdyscheff and owned by Prince Siyelosselski-Byeloserski shut down on July 4 1907 as receivers call for bankruptcy ending 150 years of operation. The plant had produced millions in steel rails including 19 050 tons this year and 10 310 tons for the Russian Government, leaving about 40 000 workers jobless.
MENTIONED IN THIS ARTICLE
Witwatersrand
Broken Hill
New South Wales
Kalgoorlie
Australia
Mysore
India
Isso
Klondike
Charters Towers
Mount Morgan
Kimberley
London
Ney
Tverdyscheff
Urals
Siyelosselski-Byeloserski
South American Livestock Yields Decline on East Coast Returns
Consul General Anderson at Rio Janeiro notes fewer cattle killings in Argentina Uruguay and Rio Grande do Sul through early April 1908 versus 1907 with totals for meat killed at about 682 000 compared with 771 800 last year. Hides exports from Rio Grande do Sul show a sharper fall with 1908 totals lower across salted and dry hides and U.S. imports. Cattle grazing in Rio Grande do Sul are reported at 5 706 344 and horses at 1 006 894 with sheep figures also listed.
MENTIONED IN THIS ARTICLE
South America
Anderson
Rio Janeiro
Brazil
Argentina
Uruguay
Rio Grande Do Sul
Snes
Rio Grande Do Sl
United States
Europe
U.S
Also Mentioned on This Page
New York Stock Exchange
Spencer Trask & Co
William and Pine Streets, New York
New York:Stock Exchange
Wall ST
Broad ST
Evestment Securities
Travelers Letters of Credit
Henry Clews & Co
N. Y. Stock Exchange
Bertron, Storrs
Wall Street
Bankers, Land Title Building
Philadelphia
N. W. Halsey & CO
Bankers
New Yor
Chicago
San Francisco
Kountze Brotthers
Broadway
Cedar St
J. F. Pierson, Jr., & Co
New York Stock Senate
Orr Bond Department
St. Clair Furnace Co
U. S. Steel Co
Chisholm
Chapman
New York City
Atlanta
Knoxville
Cincinnati
St. Louis
Lawyers Title Insurance &Trust Co
First Natl. Bank
Jerome J. Danzig & Co
Nassau Street
Rector
United Box Board and Paper Company
United States Steel Corporation
Railway
the Markets OF
Reichsbank
Great Wharf
Boston Copper Gossip
N.Y. Central & Hudson River
B. R. Go
United States Trust Co
N. Y
Railroad
Potter, Ghoate & Prentige
Hector
Bankers New York
Kanover
Bank Building
Ottoman Finances
Russia
Eastern
Illinois
Edward B. Smith & Co., Bankers
Pine St
Chestnut St
Redmond
The
Nassau Bank
Comer Nassau and
Beekman Sts
Dominick & Dominick
United Bank Note Corporation
SCRIP
Illinois Central Railroad Co
Fuller & Company
John
Farson, Son & Co
New York, Chicago & St. Louis Railroad
Hoffat & White
Nassau St
Otis Elevator Co
Havana Tobacco
New York Transportation
Royal Baking Powder
John McCormack
Chas H. Jones & CO
Broad Street
Cable ‘S Orientment
William P. Bonbright
George St
E. Cseolorado Springs
Colorado
Keen & Ward
Stock Exchanges
Grosstown
L. F. Hepburn
N.Y.C
Primrose
BRAUN
Bank, Trust & Fire Ins. Co
Hanover
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