Tariff debate slows trade growth and steel demand
The article analyzes how tariff agitation dampens trade expansion and steel orders, with U S Steel Corp earnings likely down in the current quarter. It notes uncertain schedules, railcar idle time, and the looming anthracite miners and operators negotiations. It also covers winter wheat crop delays, money market shifts, and bond issuance activity.
MENTIONED IN THIS ARTICLE
Taft
Congressional Committee
United States Steel Corporation
Wall Street
Congress
Ripley
The
Atchison
Ohio
Indiana
Illinois
Steel cars orders signal bright steel market outlook
Pittsburg reports several large steel car orders totaling over 20 000 tons of plates and shapes. Major purchases include 275 cars for Newburg & South Shore, 160 for Birmingham Southern, 800 ore cars for Duluth & Iron Range, and 500 all steel cars for Western Maryland. Industry activity rises with firm pig iron prices and high capacity use across mills and rails, signaling strong demand into year end.
MENTIONED IN THIS ARTICLE
Pittsburg
Newburg & South Shore Railroad
American Steel and Wire Company
Birmingham Southern Railroad
Tennessee Coal, Iron & Railroad Company
Pressed Steel Car Company
United States Steel Corporation
Duluth & Iron
Pittsburg Steel Construction Company
Wisconsin Steel Company
South Chicago
John Eichleau
Marshalsea
Monongahela River
Monongahela
Penn
Fort Pitt
British Postal Banks Deposits and Withdrawals 1907
The British postal savings banks recorded deposits of 215 million and withdrawals of 226 million for 1907, with withdrawals surpassing deposits by 10.8 million. In 1906 deposits exceeded withdrawals by 1.06 million. At year end December 31, 1907, 10,602,555 accounts remained open, with distribution by divisions and average credit per depositor noted in the statement.
European Markets Show Improved Tone On Week
The London Stock Exchange reports a brighter week with brisk demand for gilt edged securities as conso ls. Bank of England rates hold steady though reserves fall. New York exchange strengthens and gold shipments to Paris lift sentiment. American buying supports European markets. Canadian Pacific gains.
MENTIONED IN THIS ARTICLE
Lasteek
Paris
Treasury
St. Louis
San Francisco
Panama
Epecia
Cutie T. Taz
New York Times
London
Stock Exchange
Bank of England
New York Exchange
America
Europe
New York
Chicago & Eastern Illinois
R.R
Dominick & Dominick
NEW York Stock Exchange
Telephone
Cortlandt
Broadway
Austro-Turkish Conflict Sways Berlin Boerse
Berlin markets were heavily unsettled last week as Austro Turkish tensions drove strong selling from Vienna, depressing prices on the Boerse. Americans showed notable activity amid the volatility.
MENTIONED IN THIS ARTICLE
New York Times
Berlin
Vienna
Boston Copper Gossip reports varied 1908 copper output
The Boston Copper Gossip notes Calumet and Hecla eleven month production at 76,236,608 pounds with November 1,114,000 pounds below October. It cites ore discoveries, new mergers, and plant expansions including Granby Consolidated smelter capacity up to 5,000 tons daily and Osceola, Nevada Consolidated, and other Arizona, Montana, and Michigan operations with multi‑million pound yearly totals and rising tonnages.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Calumet
Hecla
Lake
Adventure
Atlantic
Old Dominion
Miami Company
Globe (Arizona
Arizona
Boston and
Corbin
Daly-West
Boston Consolidated
American Smelting
Garfield
Utah-Apex Company
Phenix
Ohio Copper
Mascot
Michigan
Superior
Boson
Granby Consolidated
S. Nevada Consolidated and Consolidated Ely
Shannon
Calumet & Arizona
Superior & Pittsburg
Giroux
Shmeek
Ogibway
Nevada
British Rail Prices Compared To American Rails 1906 1908
The Bulletin of the American Iron and Steel Association compares British and American steel rail prices from January 1906 to August 31, 1908. It notes American rails at 28 dollars per ton, while British prices ranged from 28.28 to 33.45 dollars. The English figures are free on board Middlesbrough and converted to American equivalents for Pennsylvania mills.
MENTIONED IN THIS ARTICLE
England
American Iron and Steel Association
Middlesborough
Pennsylvania
Iron and Coal Trades Review
Kingdom
Am'can
Seeeeeveersue Eeeseeense Ee
Eee
Eereesseeses
Telled Eeeereseeereeee
Saheta Ae
Eepeeeree BB
Eevegereses
Sea Delights Out From Marines Book Sea Delights From Marines Book
Recruiting officers report brisk enlistment nationwide but the Marine Corps faces a dreary outlook after a Roosevelt Washington order bars sea service from new material. The Times notes the once detailed “thunder book” now crossed out sea references and explains altered enlistment terms and duties aboard ship versus ashore. Kipling’s verse and Marine image persist amid changes.
MENTIONED IN THIS ARTICLE
Army
Navy
Marine Corps
Washington
United States Marines
United States
TIMES
Paris Bourse Ends Week With Cautious Optimism
The Paris Bourse closes amid alarming dispatches yet shows encouraging signs as confidence grows that Austria Hungary may attend the European conference after entente with Turkey. Rail receipts rise and wheat outlook improves while a favorable presidential report is anticipated Tuesday.
MENTIONED IN THIS ARTICLE
New York Times
Paris
Turkey
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