Wall Street Speculation Mixed as Traders Bend Conservative
An analysis of weekend sentiment shows bulls and bears at an impasse with a general wish for higher prices. Traders grow more conservative, old firms fade, and bankers caution that speculative zeal could distort a steady rise.
Cotton Market Shows Decline After Friday Rally
The August cotton price fell 40 points from Friday's peak as buyers in Savannah reportedly favored delivery in August, prompting hulls to shift away from August. October and later contracts rose about 407 points, with half-session sales around 75,000 bales. Limited fluctuating ranges were seen across August through March futures.
MENTIONED IN THIS ARTICLE
Savannah
European Markets Show Mixed Session In London
In London on August 15 money in demand and discounts firm while stock exchange activity remained typical for Saturday. American securities weakened with subdued turnover as copper and consols fell. Rock Island rumors stirred nerves before a quiet close. Bar silver steady at 23.75 cents an ounce. Open market discount rates stood at 3/16 to 7/16 percent for short bills and 14 19/16 percent for three month bills. In Berlin August 15 prices on the Boerse were weak.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
American Securities
Rock Island
New York
Lon- Noex
Netdon Equiy
Anaconda
Amalgamated
Atchison
Balt
Ohio
Ches
Chicago
Gt. West
Pacific
Denver
Erie
Central
Kan
Texas
Louis & Nash
M. Pf
Ee Nort. & West
Ee Nort
West
Ee Nor. Pacific
N. ¥. Central
Ee Ont
Pennsylvania
Tee Rock Island
Pacs
Denne
St. Paul
Union Pacific
Union Pacific Pf
Ae W. S. Steel
Ee U Ase
Steel
Ee Wabash Eseee
Ae Beswe
Gael Wabash Pf
Ee Wabash, Ex
Orphan Copper Company Shows Rich Copper Veins at Mine
Nine full claims totaling about 200 acres adjoin the Miami exhibit nine exposed copper veins averaging over 3 percent copper. Orphan Copper Company machinery is at the mine and ore is ready for shipment. NYSE house subscribed at 2.50 per share on June 9. stock now trades around 4 on the curb, with a $10 par value.
MENTIONED IN THIS ARTICLE
Miami
Orphan Copper Company
New York Stock Exchange House
New York
Bay State Gas
Orphan Copper
Foreign public securities quotations in London market
The London market yesterday listed American mining stocks with prices for Camp Bird Esperanza Tomboy Ol Dolores El Oro and Stratton's Independence. Quotations show values such as Camp Bird at 0 13 6 and El Orotcescsanse at 0 6 with other minor figures scattered in the record.
MENTIONED IN THIS ARTICLE
London
Camp Bird
Esperanza
Tomboy
Ol Dolores
el Orotcescsanse
Stratton
Stockholders Eyed For Investment Service Prospect
An advertisement invites stockholders who lost money to write Box B 153 Times Down and hints at an able young man to obtain customers for a financial service for investors with liberal commission. C H Adams of Wellesley Hills Massachusetts is noted.
MENTIONED IN THIS ARTICLE
Consolidated
Arizona Smelting Company
Advanchi
Liberal Commission
C. H. Adams
Wellesley Hills
Mass
Bondholders Form Committee for August 1 1908 Interest
A committee of bondholders seeks concerted action to protect interests of holders of First Mortgage Four Per Cent Gold Bonds. Depository banks include Bankers Trust Company New York Girard Trust Company Philadelphia and American Trust Company Boston. Bonds must be deposited in negotiable form with coupons maturing August 1 1908 and later.
MENTIONED IN THIS ARTICLE
Bankers Trust Company of New York
Bankers Trust Company
No.7
Wall Street
New York City
Bankers Trust Company of
New York
Girard Trust Company
Philadelphia
American Trust Company of
Boston
Anton G. Hodenpyl
Arthur C. Raymond
John F. Thompson
Richard H. Higgins
Seth M. Carter
Lewiston
Maine
John W. Hamser
Philadelhia
John C. Weadock
T Wall
Grand Trunk Explains Dividend Policy Comment
Montreal August 15 Vice President and General Manager C M Hays refutes a cable report that Grand Trunk halted half yearly dividends on first second and third preferred stock He says dividends come from surplus earnings and June showed insufficient balance for non guaranteed stock He expects six month earnings to allow resumption of dividends on first and second prefs He adds railroads face weaker business and higher employee pay and fuel costs and proposes either higher rates or reduced pay to meet costs He notes railways must avoid cutting wages if possible.
MENTIONED IN THIS ARTICLE
Montreal
C. M. Hays
Grand Trunk Railway
Grand Trunk
Hays
Grain and Provisions Market Movements and Prices
A market reaction yesterday lifted prices down over a cent per bushel with September at 1.01 14, December 1.03 14, and May 1.05 74 in New York. Northwest news improves but selling persists from Liverpool crop data and ram delays. Sea board clearances reach 487000 bushels. interior receipts 118.6 million bushels. Cash wheat No 2 red 0.9 9 5 cents, No 1 Northern Duluth 1.27 7, No 2 hard Winter 1.04 4. Corn declines with rain in the West. No 2 corn 89 1/4 cents elevator, 90 cents FOB.
MENTIONED IN THIS ARTICLE
New ‘York
Northwest
Liverpool
Seaboard
New York
Duluth
Have the Times Mailed to Your Summer Home
Adv advertises direct subscription options for The New York Times during vacations. Readers are urged to order from the Publication Office or newsdealer to avoid delays, with daily and Sunday service at 75 cents a month. Subscriptions taken at Times Building 8 Spruce St and 80 Broadway. telephone 1000.
MENTIONED IN THIS ARTICLE
TIMES
New York Times
Newsdealer
Spruce St
Broadway
Public Notice of Kensico Reservoir Appraisal Commissioners
The City of New York seeks court approval for a highway system in Westchester County Mount Pleasant North Castle and Kensico Reservoir area. The NY Supreme Court will hear the application September 26 1908 at 9 30 am in New Rochelle to appoint three disinterested freeholders as Commissioners of Appraisal to assess and acquire designated parcels for the Kensico Reservoir project along roads and city property lines in Westchester.
MENTIONED IN THIS ARTICLE
NEW York Supreme Court
Westchester County
Kensico Reservoir
Supreme Court
North Castle
Mount Pleasant
City of
New York
State of New York
New Rochelle
N. Y
County of
Westchester
County of Westchester
Southern Aqueduct Department
Board of Water Supply
City of New York
Kensico Lake
Bronx River
Bear Gutter Creek
White Plains
Unnamed City Parcel Boundary Description Long Survey
A detailed sequence of legal parcel boundaries and line directions along City of New York property, road easements, and multiple parcels including numbers S20 S520 S10 SIS S28 830 836 854 856 855 and others, tracing the ... distance bearings to identify the north east corner and subsequent line courses across Mile Square Road and related roads. The arc describes extensive property lines and transitions through various parcels toward the Port Chester road area.
MENTIONED IN THIS ARTICLE
Benning
Tarrytown
Kensico Village
Parcel No.10
Eee Ville
White Plains
Said
Pleasantville
Tsantville Road
Erly
Herly
City of
New York
Peasantville
Port Chester
King Street
Armonk
Same
Ifd Road
Mile Square Road
State Road
Said City
North &S
ST Ennet
Valhalla Aml Pleasa
No. St
Port
Marcel North St
Friessaintville
Jina
Sousa
Substituted New Route Describes Westchester Aqueduct Parcels
The document outlines long survey lines and road center paths for parcels Nos S17 to S15, including many south and east course bearings and distances. It specifies the City of New York acquiring fee title to parcels and references a 1905 map filed in Westchester County with substituted road strips and center lines. It notes bids for a concrete conduit project in Ulster County and details bid procedures and contact offices in New York City.
MENTIONED IN THIS ARTICLE
City of
New York
County of
Westchester
Office of the Register of the County of
White Plains
N. Y
Pleasantville Road
Pleasantville
Pleasantville-Armonk Road
Mount Pleasant
Southern Aqueduct Department
Ani
Armonk
North Castle
Coffee market holds steady amid Brazil movement and warm Sao Paulo weather
Coffee prices opened and closed near Friday levels with about 10 000 bags sold. Cables show strong receipts at Brazilian ports while traders anticipate rapid selling this season. Spot coffee at Rio No 7 bids 64 1 2 cents with July through September futures trading between 5 60 and 5 70.
MENTIONED IN THIS ARTICLE
Sao Paulo
Rio No. 7
Aes
Pea
Eeeseenee Ce
Nih
Ae Ieee Aks
Maren
Nietelscsece Casa
IGEN
Asses Cise Aeres Ohoe Nels
Rubgr O Aeboth Oie
Sethie Aa
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