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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Dec 22, 1908

Page

13

Wall Street Frightening Public With Market Reversal

Analysts note a sharp market break heightening public interest and fear of losses. Rumors on Harriman health and Carnegie testimony fuel selloff while profits shrink for traders and cautious sentiment grows as year end approaches.

Dick Brothers Opens Los Angeles Office Branch

Dick Brothers and Co a New York Stock Exchange member opens a Los Angeles branch at 304 South Pe aeneer led by C E The Chicago Telephone Company bonds a 3 million five percent fifteen year first mortgage offered by Lee High and Co oversubscribed with most placements in Chicago Boston subscriptions in small lots Volognasi Hartfield and Co rent ground floor of old National City Bank building and will move soon Heathee Bank Grand Street declares usual annual dividend and authorizes 5 percent bonus for officers and employees as Christmas present.

Dick Brothers & Co New York Stock Exchange Los Angeles Cal South Pe Aeneer C. E Chicago Lee High & Co Boston Messrs. Volognasi, Hartfield & Co Mass Chatham National Bank W. H. Strawn New York German Exchange Bank Edmund F. Swanberg NEW York Central & Hudson River Railroad Company Ofice Forty-second Street W. S. Griffith Albemarle & Chesapeake Canal Company Norfolk Virginia Burwell United Traction and Electric Jersey City N. J Chesapeake & Ohio Railway Co C. E. Wellford Bank OF America W. M. Bennet American Telephone and Telegraph

Outside securities drop in mining shares as market weakens

The outside securities market showed a general decline with most losses in mining shares. Notable drops included Standard Oil down 6% to 678, copper stocks in Butte Coalition, United Copper, Ohio Copper, Nevada Consolidated and others hitting new or near new lows while Goldfield Consolidated rose briefly amid mixed results.

Standard Oil Butte Coalition United Copper Ohio Copper Nevada Consolidated Nevada- Utah Stewart Goldfield Consolidated Goldfield Daisy Rawhide Coalition Kerr Lake Standard Milling Preferred Chi. Subway Alaska M Bri Cc Eoee Te T 'Butte Butts & N. Y Con. Wn Res Ariz. S E. M Davis-Daly Ely Eureka la Pasta Miami Micmac A. Ta Rs Nip. Mines Co Butte Ohio Stewart Ensete N. S TB Lion United Copeet sUnited Utah G. & Co Yukon G. M Frec British Gol Co E- Butte Coalition E Butte New York Central Foundry Es Central Foundry Central Ee Cobalt Central Manhattan Transit Mason Valley Cceese Micmac Mines Esces Miami Copper McKinleycoo Nevada-Utah & Kali Scee Co North Butte United Seeereace Yukon

Wheat and Corn Markets Show Mixed Signals in Chicago Trade

Chicago bulls led a fairly controlled wheat market as bearish news met by corn strength. Argentina weather and La Plata offers weighed on wheat while large clearances, 883000 bushels, partly offset receipts. Cash wheat in New York ranged around 1.06 to 1.17 per bushel with several classes quoted. Corn drew support from light offerings and a prominent wheat house moving about a million bushels of May, with the visible supply up 1,028,000 bushels and No 2 grades cited in New York and on free on board.

Chicago Bulls Liverpool la Plata Argentina Kansas Marshall County New York Duluth

European Markets Reports and London Money Demand

London money remained in strong demand with moderate supply and firm discounts Paris secured 2.5 million dollars in gold at a premium. American securities hovered near parity in forenoon trading. New York opened with strength but Union Pacific and Southern Pacific fell after news of E H Harriman illness. Market finished weak with bar silver steady at 227 16d per ounce and money at percent. Paris saw firm prices yet dull trading while Berlin’s Boerse was extremely quiet with some firm special securities.

London Paris Stock Exchange New York E. H. Harriman Union Pacific Southern Pacific

Regular Auction Sale of Stocks and Bonds by McCormack

Auction listing by Adrian H Muller & Son for probate executors and administratrix selling a large bundle of stocks bonds and notes. Names include New York East River Gas Brooklyn Union Gas United States Express New Aqueduct and various railroad and bank holdings with dates 1909 1915 1920 1921 1922 and other securities. Sale at Exchange Salesroom Vesey Street on December 23 1908 hosted by Rew J McCormack Auctioneer.

Adrian H Muller Brooklyn Union Gas Brooklyn Union Gas Co United States Express Co New York City P. c New Aqueduct P. c. Consolidated Stock Dock P.c L. I Brooklyn Public Park P. c. School House P. c. Flatbush Brooklyn Bond Hall of Records Kings Co Rochester Button Co Lincoln National Bank Irving National Exchange New York West Broadway Ide Benjamin F. Werner

Department opened for transaction of business

An announcement states the opening of a department dedicated to handling business transactions. The notice identifies the new department and outlines its purpose to facilitate commerce and related activities.

Auctioneers Andrew J. McCormack and Muller & Son Sell Tuesday

Adrian Mullers and Sons conduct an auction led by Andrew J. McCormack and J H Muller on Tuesday at 12:30 o clock. The fragment outlines a regional sale with auctioneers named and timing indicated.

Andrew J. McCormack Adrian JH. Muller. & Son

Notice of Sale of Collateral Securities

Notice of public auction by Adrian H Muller & Son for United States Mortgage & Trust Company as Trustee to sell gold collateral notes and Ann Arbor Railroad stock. Two lots to be sold at New York Real Estate Salesroom on December 3 1908 with deposits of 50000 or 100000 and follow-on payments. Sale adjourned to December 11 1908 and then to December 22 1908 at 10:30 A M with terms unchanged.

Adrian H. Muller & Sor New York Vesey Street Borough of Manhattan City of New York United States Mortgage & Trust Company Detroit, Toledo & Ironton Railway Company United States Mortgage & Trust Mcapee Knickerbocker Trust Company Ann Arbor Railroad Company United States Mortgage & Trust Company John W. Platten Toe States Mortgage and Trust Company Southern: Pacific Railroad Co Equitable Trust Company of New York Broadway Southern Pacific Railroad Company J. L. Willcutt

Manager Wanted for . Custom? New York Stock Exchange House

Job ad seeks a manager for a customers room in a conservative New York stock exchange house. Applicants must reveal present employment and clientele details. Responses to The Wi Journal dress Box 4 ail st.

New York Excao House Wi Journal Ail St

Also Mentioned on This Page

Wall Street Harriman and Carnegie Mr. Harriman Ways and Means Committee Washington Harriman Tariff Committee Financial Financial Notes Foreign Public Securities Outside Securities Industrials Bay State Houston Oil Standard Mill Standard Union Ferry Grain and Provisions Bowery Savings’ Bank Bowery Henry A. Schenck William E. Knox Joseph G. Liddle THE Manhattan Savings Institution Ution Joseph Bird FRANK G._ STILES Constant M. Bird Ass’t Savings Institution Chambers St W. H.B. Totten George B. Dunning H.e.tener,jr Union Dime Savings Institution Broadway 6Th Avenue Greeley Square Charles E.sprague Francis M. Leakh William G. Ross Dime Savings Bank OF Brooklyn J. L. Marcellus Exchange Berlin Lon- N.Y. N.Y Don. Close Conda Enecors Atchison Pac Louis. Nash Penn Eeeeeenenee Union Paca Camp Bird Esperanza Tomboy Dolores el Oro Stratton’s Ind Rew J. McCormack Jacob Maisel Ray Maisel Max L. Rohman Regina Rohman Mutual Alliance Trust Co Broadway Trust Co Country Club Lakewood Simpson Securities Savoy Oil Co Goldfield Mining Co Nevada Atton & Indianapolis R. R Stobite & Ohio R Central of Georgia R. R. 2d Inc Kansas City & Northwestern R. R Kansas City Excelsior Springs & Northern R. R. Ist Queens Commons N. Y Lack. & sNawters Regal P. c Lakemas Western R. R Bank of Bxlyo New York Life Ins. & Trust Co Pearl Square Auger Manufacturing Co Cedar Guil Ae Milling Co Siount Hope Cemetery Victor Fuel Co Denver Col P. c. Bas A. & M. Robbins National City Bank First National Bank of Newport Trust Co Standard Milling Co Chicago, Ind Louisville R. R. Pra Southern New York Law Institute Phoenix Fire Ins. Co Metalurgica Mexicana Guar Indiana R. R. Co. Consid Jan'y Dontes-Montasuren ‘Silver Mining .Co Batopolis Mex Ec Engineering Co Hawthorne Cifaba Union Exchange Bank Realty Associates Phenix Insurance Co Niles Bement Pond Co United Exploration & Development Co Plaza Rutlani She Dee Moines & Fort Dodge R.R. Co Chic Farmers’ Loan and Trust Company William Street Fifth Avenue Bishopsgate St Within Boulevard House Travelers’ Letters of Credit Toledo Terminal Railroad CO Toledo Terminal R.R Toledo Railway and Terminal Co Cincinnati, Hamilton & Dayton Railway Pere Marquette Railroad Pennsylvania Co Pennsylvania R. R Lake Shore Michigan Michigan Central Railroad Grand Trunk Western Railroad Toledo, St. Louis & Western Railroad Procter & Borden Tye Telephone Phone Eee Morristown Trust Company Morristown, N. J Samuel Freeman James A. Webb Frederic Cromwell J. W. Castles Pres. Guaranty Trust Co. of W. G. Oakman Pres Hudson Tunnel Companies O. H. Kahn, Kuhn Northriver Savings Bank 34Th St. Bet Vtec Corbi Secede Coerice F. Tertes Andrew Mills WM. F. Patterson Charles Miehling New York Life Benjamin Flersheim & Co Nassau Bt East River Savings Bank Ramsey Chas. A. Whifney Bank of New York National Banking Association Chas. Olney Morristown the Guaranty Trust Co. of WM. _H. DWELLY, JR National Bank OF Commerce Nassau Street Nat Bank of Commerce Street Ae Oe Neilson Olcott Chatham National Banky Banking House Borough of Manhattan William H. Strawn Georgia and Florida Tobacco Company Water Street Sai Jacob C. Mahl Seatuck Company Alfred M. Spalding West 145Th Street Borough of Whattan Alflfred M. Spalding American Coal Company Allegany County Broadways New Jersey Campex Montgomery Street Jerse N. J Geo. M. Bowlby Madison Avenue Son Avenue Manhatttne Henry W. Hayden Ontario, Carbondale & Scranton Commonwealth Building Scranton R. D. Rickard Meade Transfer CO NY Meade Transfer Company Pier 1 North River Borough York J. Barthel Houston Oil Company of Texas House Ton Oil Company of Texas Houston Texas Board of Directors J. A. Whitaker Broadway Trust Company Manhattan Borough John W. H. Bergen Greenwich Bank Hudson St Ian Id Uies Rey Mercantile National Bank of Sha’ Ders Emil Klein Hanover National Bank New Y Nassau Pine Streets Elmer E. Whitaker National Bank of the Cif Bankifi New, York Joseph Byrne No Life Insurance Ree Sted American Telephone and Telegraph Company City of the York Manhattan Trust Company Sears William R. Driver Yorkville Bank WM. L. Sale National Butchers and Drovers’ Bank WM. H. Chase American Telephone and Telegraph Com Lases Manhattan Trust Company
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