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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Dec 04, 1908

Page

14

Railroads See Modest Gains but Warn of Later Costs

Atchison Topeka & Santa Fe President E P Ripley says early crop-driven gains are modest and may force higher costs later. He notes increased general merchandise for farming areas and copper traffic, but little new investment planned for the near term. He cites surplus cars and idle locomotives, stable labor, improving public sentiment, and potential legislative impact if sentiment grows.

E.P. Ripley Atchison, Topeka & Santa Fé Atchison Algo

Boston Stock Market Report Declines Weaken Trading

The Boston market opened with few gains but remained weak throughout the day. Calumet and Hecla fell 5 points, Tamarack 2, while most other stocks posted fractional losses. Overall, trading was dull with no pressure to sell.

Boston Calumet Hecla Tamarack

Cotton Market Report Shows Steady Start and Slow Demand

The market opened steady and advanced slightly as traders noted a government report looming next week. Sales reached around 150 000 bales with prompt shipments available at small concessions. Spot activity was quiet with upland at 9.85 and middling Gulf around 9.60, while regional ports posted mixed, mostly unchanged results.

Gulf Mobile Savannah Augusta St. Louis Waka UN OiKc Gelveston Spee

Weather forecast for Cotton and Grain States

U S Weather Bureau forecast for Friday and Saturday calls for warmer conditions in the Southeast and Plains with variable winds. Central states from Indiana to Wisconsin expect partly cloudy skies, colder temperatures and fresh southerly to northerly winds, while the Plains and mountain regions anticipate snow or rain in parts and much colder conditions.

New York Times Washington United States Weather Bureau Dawes Ceeien Eantern Ena South Carolina Alabama Louisiana Loudy Indiana Se Ween Ethics Incifice Wisconsin Minnesota Iowa Missouri Saturda North Dakota South Dakota Nebraska

Report of the Lincoln Trust Company November 27 1908

Financial statement listing resources including bonds and mortgages, loans, due from banks, cash items, rents, and other assets. Presented under certification by Chas C Dickinson and R L Smith with notary acknowledgment and affidavits dated December 3 1908.

Trust,companies, Banks, and Bankers Co United States Legaer National Banks National Banks Caah Eecerve Brock R. Shears Aes Hurley K. Moors D. L. Thompson NEW Leae Bank OF West 34Th Mee SFRIO J. T. van Loan the Plaza Bank Broadway Bank OF George F. Moyer

Coffee market shows late rally after midday selling

The coffee market opened lower by five points and traded five to ten points down at times yesterday as dealers offered firm Brazil contracts. A late rally left prices mostly steady, with spot values around Rio No. 7 and the December contracts near 5.10 to 5.15. The world visible supply declined about 196 bags to 116,311,875 for the period ending December 16.

Brazil Sika Pf Santos Auler: Gage

Financial notes of market figures and new firm formations

Secretary of the Treasury Cortelyou visits briefly. NYSE welcomes Ernest Stebbins Hurty Hammerslough and Goodhart as new members. Leighton Shearson Pam re elected directors of American Steel Foundries. Lynford Sen admitted to Redmond & Co partnership financing $3,750,000 Virginia Railway notes sale. Wehrhane elected director of American Cotton Oil Company succeeding the late Larocque. A E Fitkin forms new investment firm with offices on Broad Street and Kilby Street. G M Basford named Acting Secretary of the Railway Business Association as it campaigns to renew transportation activity.

Treasury Cortelyou Ernest Vail Stebbins George A. Hurty Lewis R. Hammerslough Howard L. Goodhart New York Stock Exchange George B. Leighton Edward Shearson Max Pam American Steel Foundries Company S. C. Henning & Co Louisville Wall Street Lynford M. Sen New York Redmond & Co Virginia Henry R. Wehrhane Hallgarten & Co American Cotton Oil Company

Public auction of collateral securities under mortgage trust

The United States Mortgage and Trust Company trustee will sell two lots of securities at a public auction on Thursday November 16 1908 at 10 30 A M in New York City Nos 14 16 Vesey Street Manhattan for Detroit Toledo and Ironton Railway Company collateral to secure 5 5 percent notes and trust notes with sale conditions including certified checks or notes as payment. The sale is extended to Friday December 11 1908 at the same time and place.

State of W. Sheldon May Adrian H. Mullerhorn Ee Big New York Vesey Street Borough of Manhattan City of New York United States Mortgage & Trust Company Coffeecraft Trust Detroit,Toledo & Ironton Railway Company United Se Mortgage & Trust Company Ann ‘Thorpe Sald Consolidated Ann Arbor Detroit, Toledo & Ironton Railway Company TED- States ‘Mortgage & Trust Company John. W. Platten Peers United Sta Mortgage & Trust Company John W. Platten

Also Mentioned on This Page

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