Ramsey Committee Aims to Control Ann Arbor Board
Negotiations proceed between the Ramsey Committee and Hollins interests over reorganization of the Detroit Toledo & Ironton system and the Ann Arbor. The plan involves Ramsey buying out Hollins notes and leveraging control of Ann Arbor directors to secure majority representation. The dispute centers on whether to segregate Ann Arbor from DT&I or keep them combined, with possible legal action by Hollins to block changes.
MENTIONED IN THIS ARTICLE
Ramsey Committee
Detroit, Toledo & Ironton
Hollins
Ann Arbor
Morse Committee
Detroit
Ironton
United States Mortgage and Trust Company
Michigan
Ann. Arbor
Toledo & Ironton
Ramsey
H. B. Hollins & Co
Come
Boston Stock Market Shows Strength As Copper Shares Lead
Traders reported a notably firmer mood in Boston with copper shares in strong demand. Trinity led gains rising to 219, United States Smelting up one, and most issues finishing fractionally higher as bonds section notes a strong close near day’s best prices.
MENTIONED IN THIS ARTICLE
Boston
Trinity
United States
Jersey Railroad Taxes Rise in Second Class Assessments
The New Jersey State Board of Assessors has completed 1906 and 1907 second class railroad property assessments, showing a rise of 27.5 million dollars from 1905. Total second class taxable railroad property for 1907 is 74,063,057 dollars with major taxpayers including Pennsylvania Railroad, Central Railroad of New Jersey, Erie, Delaware Lackawanna & Western, and Lehigh Valley. Public hearings for appeals are set for August 25.
MENTIONED IN THIS ARTICLE
New York Times
Trenton
N. J
State Board of Assessors
State Board
Nossessors
Pennsylvania Railroad
Central Railroad of New Jersey
Erie
Delaware, Lackawanna & Western
Lehigh Valley
Wabash Terminal Bond Sale Auction Postponed
Two blocks of Wabash Pittsburg Terminal first mortgage bonds were offered at Muller auction. A $71,000 lot sold to Newberg & Co. at 2014 while the $663,000 block was postponed for a week. Bonds not listed on the exchange total $29.5 million of the authorized $50 million issue.
MENTIONED IN THIS ARTICLE
Wabash Pittsburg Terminal
Muller
Newberg & Co
On & Loan
Pittsburg
Stock Exchange
Financial
Protect Walsh Road Bonds in Southern Indiana Railway Case
A protective committee of bondholders has formed to safeguard claims on the Southern Indiana Railway Company once controlled by John R. Walsh. After defaulting on interest August 1, the 4 percent fifty year bonds, the committee aims to push through long delayed reorganization led by George W. Young and others. The Walsh holdings include 237 miles of line from Terre Haute to Chicago Junction and coal properties in southern Indiana.
MENTIONED IN THIS ARTICLE
Southern Indiana Railway Company
John R. Walsh
Chicago
Mr. Walsh
Rondholders’ Committee
George W. Young
Raphael R. Gavin
Galen Stone
A. Merritt Taylor
W. W. Curley
Walsh
Terre Traute
Seymore
Chicago Junction
Indiana State Line
Indiana
Treasury balances and funds in reformulated figures
The Treasury report shows a reserve fund of 150 million in gold, total outstanding certificates 823,045,869, silver dollars 488,054,000 plus 4,879,000 from 1890, general fund 188,115,215, deposits in national banks 130,371,582, Philippine Treasury 5,260,294, awaiting reimbursement 337,896 and current liabilities 127,943,717.
MENTIONED IN THIS ARTICLE
Cerecesaeeeeepesee General Fund
Eee
Scasess
Securities auctioned at Exchange Salesroom on Vesey Street
Yesterday at the Exchange Salesroom Adrian H. Muller & Son auctioneers disposed of numerous securities including 290 shares Royal Baking Powder preferred, 1 4 shares Lincoln National Bank, 1004 Virginia debt certificates, 1,000 shares American Malt Corporation preferred, 2,500 shares Davis Daly's Estate Copper Company, 100 shares United Copper Company common, 1,300 shares North Butte Extension Copper Mining, 100 shares Atchison Topeka Santa Fe, and multiple railroad, bank, and trust company stocks and bonds with varied prices and terms, plus 1,000 Cleveland, Columbus, Cincinnati & Indianapolis Railroad bonds and other listed issues.
MENTIONED IN THIS ARTICLE
Vesey Street
Adrian H. Muller & Son
Royal Baking Powder Company
Brown Brothers & Co
Lincoln National Bank
Webash
Pittsburg Terminal Railway Company
Davis Daly’s Estate Copper Company
American Malt Corporation
Northern Pacific Railway
Morris & Essex Railroad
First Consolidated
Ann Arbor Railroad
Guardian Trust Company
Utah & Northern Railroad
National City Bank of Brooklyn
Lafayette Trust’ Company of Brooklyn
Carnegie Trust Company
Franklin Trust Company
Farmers’ Loan and Trust Company
Chicago & Eastern Illinois Railroad
Cleveland
Columbus
Columbus, Cincinnati & Indianapolis Railroad General Consolidated
Empire Title Guarantee Company
Southern Pacific Railroad Company Common
Atchison, Topeka & Santa Fe Railway Company
Ludowici-Celadon Company
Cotton Exchange applicant named for membership
John Shearson seeks membership on the Cotton Exchange. John R. Stanton begins a two month western trip to inspect Stanton copper properties in the lake region. Henry Seligman leaves for a three week automobile trip through the White Mountains. Reorganization Committee of Seaboard Air Line Railway weighs advising payment of interest on 4 percent consolidated mortgage bonds due on period. action not default until Oct. Market World features include posts by J J Pulleyn and Allen S Towson, Gov Haskell, and others. Securities listed on the Stock Exchange include major railway bonds and Kansas City line bonds. Syracuse City Controller R J Shanahan set bid date Aug 26 for 500000 bonds bearing 4 1 2 percent interest.
MENTIONED IN THIS ARTICLE
John Shearson
Cotton Exchange
John R. Stanton
Stanton
Lake Region
Henry Seligman
Stock Exchange
J. & W. Seligman & Co
White Mountains
Seaboard Air Line Railway
John J. Pulleyn
Emigrant Industrial Savings Bank
Allen S. Towson
Oklahoma
Haskell
George Gray
Denyver
The
Chesapeake & Ohio Railway
Big Sandy Railway
New York Central & Hudson River Railroad
Wabash Railroad
Kansas City, Fort Scott & Memphis Railroad
Colorado & Southern Railway
R. J. Shanahan
Syracuse
Columbia Trust Company
Harriman Lines Seek 7000 Cars Awakening Railroad Demand
The Harriman rail network is seeking 7,000 railroad cars through New York purchasing agents, the first sizable order since traffic fell last autumn. Car manufacturers see this inquiry as a potential precursor to larger orders as shops clear idle equipment and repair materials rise.
MENTIONED IN THIS ARTICLE
Harriman Lines
New York
Harriman
Wall Street
The Cotton Market Sees Sharp Early Decline
The cotton market showed intense activity with about 250,000 bales traded in the first hour as prices fell sharply. Activity then cooled but remained nervous and mixed, closing barely steady with an advance of 4 points on August and 5 to 14 points lower on others. Estimated daily sales reached 350,000 bales as weather stayed favorable and spot markets lagged futures.
MENTIONED IN THIS ARTICLE
Gulf
Galveston
Quiet
Savannah
Norfolk
Angus
Memphis
New Orleans
Weather forecast for cotton and grain states Aug 12 update
Washington reports the forecast for Thursday and Friday across the cotton and grain states. Generally fair in many regions with light to brisk winds, cooler shifts in the north, and showers in parts of western New York and eastern North Dakota. Minnesota and Iowa expect warmer conditions with fair skies.
MENTIONED IN THIS ARTICLE
New York Times
Washington
North Carolina
South Carolina
Georgia
Mississippi
Louisiana
Utah
Oklahoma
Arkansas
Nebraska
Kansas
Kentucky
New York
Indiana
Tulinois
Lower
Michigan
North
Wisconsin
Minnesota
Iowa
Missouri
North Dakota
South Dakota
National Enameling and Stamping Company Directors Change Officers
At a directors meeting the National Enameling and Stamping Company announced officer changes. Frederick G Neidringhaus becomes chairman of the board. A W Kieckhofer is elected president. Thomas K Neidringhaus becomes first vice president and W Neidringhaus becomes second vice president. Other officers are reelected.
MENTIONED IN THIS ARTICLE
National Enameling and Stamping Company
Frederick G. Neidringhaus
The
Compees
A-W. Kieckhofer
Thomas K. Neidringhaus
W. Neidringhaus
National Stock appeals to public invest in bold plan
A speaker in Boston on August 13 1908 urges all social classes to buy National Stock claiming the funds stay in a safe treasury, promise huge profits and aim to overthrow the financial System. He pledges to mobilize masses to outmaneuver Rockefellers Harrimans Morgans and restore wealth to the people.
MENTIONED IN THIS ARTICLE
Rockefellers
Harrimans
Morgans
Falstaff
National Stock pitch and market manipulation confession
A speaker touts unlimited shares of National Stock and promises vast profits. He boasts aggressive advertising and claims mastery of the stock game, recounting a bold trade to profit from a bull campaign and urging immediate purchase through major exchanges.
European markets mixed as Wall Street uneasy on Aug 12
London markets show abundant money and steady discounts while copper shares fall and American securities drift lower amid Wall Street weakness. Paris closes with 8 per cent rente at 96f27c, London exchange at 25f13c checks. Berlin bourse trades heavy and subdued.
MENTIONED IN THIS ARTICLE
London
Paris
Stock Exchange
Wall Street
New York
Mining Stocks in London Quotations for American Mines
London market quotations list American mining stocks with figures for Camp Bird Esperanza Tomboy Dolores El Oro Stratton's Ind and others. Prices shown in pounds and pence, reflecting yesterday's trading activity.
MENTIONED IN THIS ARTICLE
London
Camp Bird
Abesperanza Eee
Tomboy Sivssesl
Dolores
el Oro
Stratton’s Ind
Coffee Market Shows Little Change as Trade Quiets
The market opened unchanged to 5 points lower and closed with a 5 point drop. Bearish pressure stems from a heavy export movement and Brazil’s free offerings amid talks of a law to curb exports. Havre and Hamburg quoted steady to lower, ports reported 61 000 bags received versus 32 000 last year and 66 000 in 1906. Rio No 7 spot at 6440.
MENTIONED IN THIS ARTICLE
Brazil
Havre
Hamburg
Sao Paulo
Rio No. 7
Iron and steel trade shows slow gains in demand
Trade journals report slow improvement in iron and steel demand with a gradual rise in activity. Southern furnaces quote 12.50 to 13.00 per ton for No 2 foundry, while northern firms offer lower prices. Notable moves include a 6,000 ton sale of rolling billets and a 40,000 ton steel requirement for the Equitable Building.
MENTIONED IN THIS ARTICLE
Ohie
Potomac
Birmingham
North Alabama
New England
Chicago
Cleveland
Horn
Guaymas
Mexico
McKenzie-Mann
Iron Trade Review
United States Steel Corporation
New York
Equitable
St Louis and San Francisco Railroad Extends Note Renewal
Railroad interests secure six month extension for 3,000,000 notes due August 26 and extend renewal for an equal period for the balance. An official said the company faces no financing issue until its 7,124,900 dollars of secured notes mature on December 1.
MENTIONED IN THIS ARTICLE
St. Louis
San Francisco
Ankers
Bondholders urged to deposit First Mortgage Four Per Cent bonds
A committee representing many holders asks owners of the bonds to join an agreement dated August 12 1908 lodged with Bankers Trust Company New York. Deposits must be in negotiable form bearing August 1 1908 coupons and later. Certificates will be issued by Bankers Trust Company.
MENTIONED IN THIS ARTICLE
Southern Indiana Railway Company
Windsor Trust Comay of
New York
City Trust Company
Boston
Mass
Commercial Trust Co
Philadelphia
Chicago Savings Bank and Trust Co
Chicago
Gordon D. Bruce
Cedar 51
Bankers Trust Company of
Bankers Trust Company
Wall Street
New York City
Anton G. Hodenpyl
Arthur C. Raymond
John F. Thompson
Cincinnati
Indianapolis
Western Railway Company
Indiana, Decatur & Western Railway Company
Cinrinonati
Eee
William A. Read
EB. Cotting Bayard Dominick
Frederick H. Cker
George K. Johnson
Thomas W. Lamont
Albert H. Wiggin
F. N. B. Close
No. 7
Sealed bids sought for New Rochelle school bonds 1908
New Rochelle City seeks sealed proposals for purchase of 1 10000 registered 5 percent school bonds Series 1908 totaling 1110000. Bids due August 25 1908 at 8 p.m. at City Hall. Bid must include certified check or cash equal to percent of par. Accrued interest paid by purchaser. City reserves right to reject all bids. George G. Raymond mayor William G. Rainsford city clerk announce.
MENTIONED IN THIS ARTICLE
Common Council
Main
Mechanic Streets
New Rochelle
New York
N. Y
William G. Rainsford
George G. Raymond
Philadelphia
Avon No. 202
City Hall
League Island Park
South Broad Street
Passyunk Avenue
Majin
Pee
United States
John E. Reyburn
Bonds Drawn To Purchase Houston & Texas Central Mortgage Bonds
Proceeds from land sales to fund Houston & Texas Central Railroad Consolidated Mortgage Bonds were drawn to purchase and retire 150 bonds at 110 percent plus accrued interest. A long list of bond numbers is named, with note these bonds will cease to bear interest after September 21 1908 and are payable at 120 Broadway New York City.
MENTIONED IN THIS ARTICLE
Houston & Texas Central Railroad Company
Frederici
Olcott
Farmers’ Loan & Trust’ Company of
New York
Southern Pacific Company
Broadway
New York City
Houston & Texas Central Railroad Co
R. S. Lovett
National Biscuit Company declares quarterly dividend
The National Biscuit Company Board declares a preferred quarterly dividend of 1 3/4 per cent on preferred capital stock, payable August 31 to holders of record August 17, 1908. Transfer books remain open. F E Bugbee Treasurer. Office Homestake Mining Co Mills Building 15 Broad Street New York. Dividend No 408 fifty cents per share payable at transfer agency in New York on the 25th. Transfer books close on the 20th. Lounspeay Co transfer agents.
MENTIONED IN THIS ARTICLE
National Biscuit Company
F. E. Bugbee
Office Homestake Mining CO. Mills
Broad Street
New York
Lounspeay & CO
Notice of Annual Stockholders Meeting for Oregon Railroad
The Oregon Railroad & Navigation Company will hold its annual stockholders meeting at the Wells Fargo Building office in Portland Oregon on Thursday September 3 at noon. A Board of Directors will be elected and other legally proper business addressed. Secretary WLW. COTTON. Readers may subscribe to Daily and Sunday Times editions by mail or newsdealers.
MENTIONED IN THIS ARTICLE
The
Oregon Railroad & Navigation Company
Wells-Fargo
Portland
Oregon
Lys
Wlw. Cotton
New York Times
Bryant
Also Mentioned on This Page
Ramsey Interests
Hollins Holdings
Boston Stock Market
RB. & Q Joint
Senn Mich
Boston & Maine
Fitchburg
Eae Ee
Mass. Electric
West End
Am Ag. Chem
Speyres
Edison Woolen
General Electric
Mass. Gas . Vo
Mergenthaler Se
Pullman Fio
Seattle Electric Pf
Swift & Co
Cee Oan Los
United Fruit
LOY Ps
United Shoe Eesene
United Shoe
U S. Steel
UC Wteene
S. Steel Pf
MININ
Amalgamated
Arcadian Ee
Arizona Commercial
Arizona Com
Arnold
Atlantic Wee Ee
Bingham Wees
Boston Con
Cal & Arizona
Cal
Nevada
Newhouse Sane Gi
North Butte
Old Dominion
Quincy
Dlig
Trinity Eeaee
U.S
Ai Ami
S. Smelting
Utah Copper
Victoria
Jersey
Wabash Terminal
Walsh Road
the Treasury Balances
Treasury
Financial Notes
National Enameling Co
BAY State
Philadelphia Stock Exchange
Thomas W. Lawson
Berlin
Foreign Public Securities
Consol
Consol Aaheeseeeee
Ceawees
Saxony
City of Berlin
Cologne
Munich
City of
Augsburg
City of Vienna
City of Frankfort
Paccesees
oTween Cares Eaee
Lon- N. Y. N
Atchison Anaconda
Erte Areveee
Erie Ist
Central
Louis: & Nash
N. Y. Central
Eeeee
Pennee
Reading Pacific
Union Pac
S Steel Oe
U S Steel
Wooo
Pril. Eeeees
Rafael R. Gavin
Galen L.stone
Merritt Taylor
W. W. Gurley
Srollins & Rollins
Edgar T. Brackett
Cumberland Ely Giroux
Goldfield Consol
Miami Nevada
Nipissing Allotheran Eee
Oscar Bamberger
Broad ST
Iron and Steel Notes
Frisco
John C. Weadock
Byrne & Cutcheon
BAY Gas
J.thomas Reinhardt
Exchange Pl
Masc
N.Y
Houston & Texas Central Consolidated Mortgage Bonds
Te , Strong & Cadwalader
Counsel
U. S. Department. OF Agriculture
Washington, D. C
Morgan Horse Farm
Middlebury
Vermont
Secretary of Agriculture
James Wilson
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