Young banker Davison to join Morgan & Co in new role
Harry P. Davison, 41, vice president of the First National Bank, will become a member of J. P. Morgan & Co on January 1. He earned prominence through his work during the recent panic and in the Clearing House, and has long been tied to Morgan interests through the First National.
MENTIONED IN THIS ARTICLE
Harry, P. Davison
First National Bank
Barking House
J. P. Morgan & Co
George W. Perkins
Davison
Financial
Wall Street
Liberty National Bank
Liberty National
First National
Clearing House Association
Associa
Gates McGarrah
Mechanics’ National Bank
Albert H. Wiggin
Chase National
Morgan House
Europe
Aldrich Commission
England
France
Germany
Morgan & Co
Morgan Group
J. P. Morgan Io
James W. Paul, Jr
Mr. Morgan
J. Pierpont Morgan, Jr
Edward T. Stotesbury
Charles Steele
Edward F. Whitney
Bank clearings rise in November across US banks
Dun's Review reports total bank clearings for November at 12.97 billion across 100 leading cities, up from last year but below 1906. The rise comes from increased payments through banks including New York stock operations, with notable gains in the West and cities like Chicago Milwaukee St. Paul St. Louis Kansas City.
MENTIONED IN THIS ARTICLE
R. G. Dun & Co
United States
Dun
New York City
Chicago
Milwaukee
St. Paul
St. Louis
Kansas City
Wisconsin Central Control Still Held by Syndicate
Authority says the Wisconsin Central remains under syndicate control, not yet transferred to Canadian Pacific or Canadian Northern interests. The holders include W. A. Bradford Jr., Newman Erb, and T. L. Chadbourne, with ongoing negotiations to sell.
MENTIONED IN THIS ARTICLE
Wisconsin Central
Canadian Pacific
Canadian Northern
W. A. Bradford, Jr
Newman Erb
T.L. Chadbourne
Global Markets Mixed as Bonds Strengthen in London Trade
In London on December 2 money demand eased and discounts held steady while British securities strengthened with consols rising. Japanese bonds stayed firm and American securities, after parity adjustments, gained on professional and Continental support aided by steady New York buying. Paris and Berlin trading showed duller, heavier prices and light activity with rentes near 97.10 and bourse prices subdued.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Paris
New York
Berlin
Tomboy and Camp Bird Mines Mentioned in Scribbled List
A fragmented notes list references mines including Camp Bird Tomboy Dolores El Oro and Stratton's Ind with scattered figures. The readable parts suggest mining locations or ownership markers rather than a coherent article.
MENTIONED IN THIS ARTICLE
Dolores
el Oro
lStratton
Bank of Germany Weekly Statement Declines in Deposits
The Imperial Bank of Germany reports cash in hand down 64.394 million marks, deposits down 87.056 million, while loans rise 20.516 million and discounts up 26.794 million. Coercible bills fall 36.060 million and notes in circulation drop 58.149 million marks.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
American Car and Foundry reports quarterly earnings
The railroad earnings report shows net income and six month totals for American Car and Foundry. Figures include 694,664 for the quarter and 2,775,643 for the six months, with various balance and security items noted in the accompanying breakdown.
MENTIONED IN THIS ARTICLE
American Car & Foundry
Comshan
Frisco Bond Issue Facilitates Rock Island Frisco Financing
Speyer & Co sold 30 million general lien bonds of the St Louis and San Francisco to provide for all debts through 1909. The Rock Island Frisco system, totaling about 15 000 miles, will be financed by Speyer in future, with Kuhn Loeb Co previously involved for notes maturing December 1. Speyer plans to form a syndicate for 9 million refinancing bonds and assume future Frisco obligations.
MENTIONED IN THIS ARTICLE
St. Louis & San Francisco
Speyer & Co
House of Speyer & Co
Rock Island
St. Louis
San Francisco
Rock Island Company
Kuhn, Loeb& Co
Frisco
Kuhn, Loeb & Co
Frisco Management
Kuhn, Loeb, & Co
Chicago, Rock Island & Pacific Railroad Company
Chicago, Rock Island & Pacific
James Speyer
Chicago, Rock Island and Pacific
Grain and Provisions Grain Prices Hit New Highs
Wheat prices reached record highs amid lower Liverpool values and tighter Northwest receipts. Cash wheat in New York ranged from 1.13 to 1.14% for No 2 red Winter and 1.19% for No 1 Northern Duluth, with inland and afloat options at 1.14% to 1.18% respectively. Corn showed December near-term weakness despite favorable movement weather and higher feeding demand aided by 511,000 bushels primary receipts versus 422,000 last year.
MENTIONED IN THIS ARTICLE
Liverpool
Northwest
Winnipeg
New York
Duluth
Mercantile National Bank Deposits Rise After Readjustment
Deposits at the Mercantile National Bank show a sharp rise since February as of November 27, reaching 9 505 269. Bank leaders credit new management led by Willis G. Nash with guiding the turnaround. Vincent O'Brien and Cashier Klein, along with the active board, support the growth effort in the financial district.
MENTIONED IN THIS ARTICLE
Mercantile National Bank
Peck Groncetes
Willis G. Nash
Mercantile
Albany
Mc Nash
Vincent O’brien
Klein
the Mile
Cotton market closes steady amid mixed demand rally
The market rose with December leading gains while overall demand remained steady and sales reached about 175000 bales. Spot cotton remained quiet with prices steady to unchanged across major southern markets and varied regional sales.
MENTIONED IN THIS ARTICLE
Spot Co
Gulf
Mobile
Savannah
Norfolk
Augusta
St. Louis
Galveston
New Orleans
Memphis
Houston
Forecast for Cotton and Grain States by Weather Bureau
Special to The New York Times reports the U S Weather Bureau forecast for Thursday and Friday across cotton and grain states. North Carolina and South Carolina Georgia Alabama Mississippi Louisiana Oklahoma North and South Dakota Nebraska Kansas Arkansas Indiana Illinois Michigan Wisconsin Minnesota Iowa Missouri receive fair skies with gradually warming or rising temperatures and light southerly winds, with some sections noting increasing cloudiness.
MENTIONED IN THIS ARTICLE
New York Times
Washington
United States Weather
North Carolina
South Carolina
Georgia
Alabama
Mississippi
Louisiana
Oklahoma
Dakota
Nebraska
Kansas
Arkansas
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Erie Earnings Gain in October for First Time Since 1907
Erie Railroad reports October gross earnings of 4,944,238, up from 4,800,964 a year earlier, marking the first gain since September 1907. The operating income for October stands at 1,501,801 with expenses at 3,442,486. four month totals show gross 17,887,409 and operating income 4,998,331 compared with 4,646,556 last year.
MENTIONED IN THIS ARTICLE
Erie Railroad
The
Erie
Financial Notes From The Atchison Region
President Edward R. Ripley of the Atchison visits the city for a few days. B W Livermore of Wilmerding Morgan Co has returned from Europe. Atchison directors yesterday elected C F ogee assistant treasurer and H W Gardiner as vice, following a death. J R Williston Co opens a new branch at 5 West Fifty-eighth Street today under ard F Jones. Thomas P Fowler of the New York Ontario & Western Railway returned to town after a short trip in Mexico.
MENTIONED IN THIS ARTICLE
Edward R. Ripley
The
Atchison
B. W. Livermore
Wilmerding, Morgan & Co
Europe
C. F
Ogee
H. W. Gardiner
J. R. Williston & Co
West Fifty-eighth Street
Ard F. Jones
Thomas P. Fowler
New York, Ontario & Western Railway
Townsterday
Mexico
Securities at Auction Disposed at Adrian H Muller Sale
Securities were sold at auction yesterday at the Exchange Salesroom Adrian H Muller & Son auctioneers. The catalog lists numerous bank, utility, railroad bonds and stocks including Merchants National Bank Manhattan Company Milwaukee Lake Shore & Western Railway New Jersey Zinc Company and Pacific gas light and coke. Purchases include first mortgage bonds with various due dates and interest rates many at premiums or discounts and some certificates and trust company shares.
MENTIONED IN THIS ARTICLE
Vasey, Street
Adrian H
Milwaukee, Lake Shore & Western Railway Company
New Jersey Zinc Company
New York & Westchester Lighting Company
General
People’s Gas Light and Coke Company First
Portland Rathouan Company
Western Union Telegraph Company
Telepost Company
Knollwood Cemetery
Mexico
Home Trust Company of
New York
Utah & Northern Railroad
New York & Greenwood Lake Railroad
American Dock and Improvement Company
Provident Loan Society of New York
Beaver National Bank
Lawyers Title Insurance and Trust Company
New York, Lackawanna & Western Railroad
Pittsburg, Shawmut & Northern Railroad
Farmers’ Loan and Trust Company
Continental Insurance Company
National’ Bank of Northmerica
Mercantile National Bank
Citizens’ Central National Bank
Chicago, St. Louis
Terminal Railway Association of St. Louis
Kings County Electric Light and Power Company
Chicago Terminal & Transfer Company Common
C Terminal & Transfer Company Common
New York Trust Company
E. W. Bliss Company
Pocahontas Consolidated Collieries Company
Hanover National Bank
Montgomery Light and Water Power Company First Consolidated Mortgage
Union Trust Company of New Jersey
Ihms
National Ee
Long Island Loan and Trust Company
Delaware, Lackawanna & Western Railroad Company
American Exchange National Bank
Delaware &, Northampton Mateese Company
Ticivare
Delaware
Mercantile National’ Bank
Chase National Bank
Bulls in Chicago Eye Spectacular Wheat Deal
Chicago traders report renewed bullish buying in the wheat pit as prices rise to new highs with December at 106 May 110 and July 103 while rumors spread of a major market maneuver. A crop expert cites the lowest recorded fall sown wheat condition on Dec 1 and weak Northwest receipts bolster optimism despite realizations.
MENTIONED IN THIS ARTICLE
Chicago
Lana
Pacific Coast
Mississippi River
Northwest
Local Exchange Closing Quotations Report
Colorado Springs today shows closing bids and asks with several securities listed. Notable entries include Acacia at 55 and 884 percent, Portland at 103 and 104, El Paso at 49 and 50, Vindicator at 80 and 82, Gold Dollar at 8 and 9, and Isabella at 26 and 27 percent.
MENTIONED IN THIS ARTICLE
Colorado Springs
Col
Exchange Today
Acacia
J McKinney
Portland
el Paso
Isabella
Covece
Rees
Empire Trust Company Financial Report 1908
Empire Trust Company reports its assets including public securities with book value of 705,519.20 and market value, other securities, loans, accrued interest, furniture, and fixtures totaling 15,264,742.60 in reserves and deposits of 12,694,914.17. Presidents Leroy W. Baldwin and H. M. Gough affirm the report meets Banking Law requirements and was sworn December 2, 1908 before Notary P. J. Devlin. location at 42 Broadway, New York.
MENTIONED IN THIS ARTICLE
Steete
State of New York
County of
New York
Leroy W. Baldwin
H. M. Gough
Empire Trust Company
Broadway
City of
Banke
J H. M. Gough
P. J. Devlin
N.Y. Co
William H. Taylor
John A. Hilton
Bowling Green Trust Company
Ber
Gao Aa Aay
County of New York
William C. Lane
William C. Cox
Standard Trust Company of New York
Broad Street
Superintendent of Banks
WM. C
Eee
WM. C. Cox
Kings County
Central Trust Company of New York
J. N. Wallace
Geo. Bertine
Central Trust Company
Wall Street
Jennet
Geo
Bankka
Sas
Bpech
Juiz
J. _H. PARKER
W. F. E. Koelsch
Mutual Alliance Trust Company of New York
Beaver Street
J. H. Parker
W. F. H. Koelsch
Vance
W. N. Duane
C. ,H. Smith
Manhattan Trust Company
Co. H. Smith
Charles F. Everitt
Publio
New_York County
Mertic Chien
Also Mentioned on This Page
Famous Banking House
Mr. Davison
Troy
Penn
Elmira
N. Y
Pequennock National Bank of
Bridgeport
Thomas W. Lamont
Bankers Trust Company
Wisconsin Central Control
Anaconda Congols
Ié Atchison
Central
Louis
Lige
Pennsylvania
Pacific
Union’ Pacific
DU. S. Steel ‘Pf
Foreign Public Securities
Swereenwinee
Weeeessees
Saxony
City of Cologne
Munich
Augsburg
Vienna
Frankfort-on-Main
Eveesees
Jeckdesesvecs OD
Bank of Germany
Ty Tape
Ohio
Ee & P
Ce & St
Norfolk & Western
Southern
Tidewater Co
el. & Mfg
Michigan Central
Colorado
Toledo
Albany &Hudson
CO Oak
Atlantic Coast Line
Central OF
Nae
Eseaeseee
N. LE
Chattanooga
Ross
NEW York, New Haven & Hartford
Southern Pacific
Enee
Union Pacific
Speyer
Grain and Provisions
Eteseeer Eeessses
Csss
Cescee
Csccsl
Mercantile National Growth
Financial Notes
Bulls
Seaboard Air Line
Ryan-Blair
Clinchfield
Seaboard
Treasury
Reserve Fund
Philippine Treasury
Fifth Avenue
E. Houston St
Foreign Office
New Broad St
E. C
Banking Department
Seerwee
Seer Cea Trust Company OF
Deat
Coment Miele
Urplus, Inc
Cecces
Cccevccace
Cscccowes
Henry W. Reighley
Charles M. van Kleeck
Fulton Trust Co
Ne York
Nassau Street
Nota
New
Conditig
Sesese
Eport
NO Trust
Manhattan Trust *Co
Pacific Bank
Weeve
TMGIS
Irving C. Gaylord
H. B
Gatlord
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