Financial Situation The Markets Of Europe
The piece links Chicago Great Western bankruptcy, Sea Board Air Line struggles, and New York Clearing House deficits as parts of a money cycle from prosperity to panic. It notes a December drop in iron and steel output, easing call money, and improving bank liquidity as money markets regain strength. It cites bank actions, government fund movements, and international rate cuts signaling a return toward normalcy.
MENTIONED IN THIS ARTICLE
Chicago Great Western Railway
Middle West
New York Clearing House
Chicago Real Western Railway
Seaboard Air Line
Chicago Great Western
New York
Treasury
Bank of England
Stock Exchange
Isthmian Traffic Soars On Tehuantepec Route From U S
More than 40 million dollars worth of merchandise under the American flag moved between Atlantic and Pacific ports via the Isthmus of Panama and Tehuantepec in 1907. The Tehuantepec Railway, opened early that year, cuts coast to coast in under 200 miles with cargo transfers by steam and electric power. Regular steamship lines connect Coatzacoalcos and Salina Cruz to Philadelphia, New York, and the Hawaiian Islands, boosting interchanges between eastern and western U S ports.
MENTIONED IN THIS ARTICLE
United States
Panama
Tehuantepec
Hawaiian Islands
Atlantic
Pacific
Tehuantepec Railway
Coatzacoalcos
Gulf of Mexico
Salina Cruz
Ocean
Gulf
Philadelphia
New York
Texas Oil Company to Build Bayonne Refinery Plant
A large tract along Kill van Kull in Bayonne will host a new refining plant by Texas Oil Company, a Standard Oil subsidiary, creating about 2000 jobs. The site includes historic Vreeland Daly and Tremley homesteads and links with Standard Oil plants at Constable Hook and Bayway near Elizabeth.
MENTIONED IN THIS ARTICLE
Kill van Ki
Bayonne
Texas Oil Company
Standard Oil Company
Vreeland, Daly, and Tremley
Texas Oil
Standard Oil
Constable Hook
Bayway
Elizabeth
Railroad Tariffs Clarified by Interstate Commerce Board
The Interstate Commerce Commission declares tariffs must state rates and fares clearly and apply them affirmatively. Many pre May 1 1907 tariffs used long and short haul or alternative provisions causing uncertainty at intermediate stations. Some rules were misapplied since 1907. Final filings must be clear by July.
MENTIONED IN THIS ARTICLE
Washington
Weather forecast for cotton states across Monday and Tuesday
The Weather Bureau forecast covers North Carolina through Alabama and Texas. Snow or rain is expected in parts of the Carolinas and Georgia, with colder Monday. Tuesday brings fair conditions, with variable or westerly winds and warmer pockets in Texas.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Federal Weather Bureau
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Oklahoma
Arkansas
Tennessee
London Hopeful on Monetary Ease and Rail Finance
London reports a favorable mood toward a prolonged monetary ease if industrial activity revives. Banking opinion cites last week’s failures and colonial issues, with Chicago and Great Western receivership influencing sentiment as thirty other American railways hold notes in circulation.
MENTIONED IN THIS ARTICLE
NEW York Times
London
Isnd
Germany
Chicago & Great Western
New York
Rail orders and price talks reshape steel trade in Pittsburg
In Pittsburg inquiry shows 25 000 tons of steel rails sought with plans to raise future prices beyond 1908. Inspections by railroad figures signal higher rates when new orders book, while ore landowners and independents weigh cuts from 4 50 to 3 per ton. South iron mixes with Northern pig iron to improve quality, keeping Northern markets supplied.
MENTIONED IN THIS ARTICLE
Pittsburg
New York Times
Pele
TIMES
North
Hoarded Currency Increases National Bank Loss Report
The National City Bank in its monthly circular notes unaccounted money between August and December totalled 276 million. The loss in cash holdings at national banks and New York trust companies amount to 54 million, with 222 million in earlier movements, suggesting a possible 275 million hoard over about three months.
MENTIONED IN THIS ARTICLE
National City Bank
New York City
New York
Brisker Trade In Berlin and Market Outlook
The Berlin Boerse showed firm trading with buoyant mines and a brisk money market. A Reichsbank rate cut of 1 percent was anticipated, while German State obligations declined due to Prussian loan uncertainties. Municipal issues absorbed funds as industrial outlook darkened with reduced production across many sectors.
MENTIONED IN THIS ARTICLE
NEW York Times
Berlin
Reichsbank
Boston Copper Gossip Reveals Shifts in 1907 Copper Output
The Boston News Bureau reports a 13 percent drop in copper production over the past year, with 137,256,595 pounds less than expected. Utah shows a gain, while Montana and Boston output total about 7.5 million tons monthly. Projects at Greene-Cananea and Copper Queen add supply potential, and mergers and new mines hint at future expansion.
MENTIONED IN THIS ARTICLE
Boston
Boston News
Utah
North Butte
Clark
Montana
Greene-Cananea
Salt Lake
Hopper, Hayden, Stone & Co
Bisbee
Copper Queen
Superior & Pittsburg
Palmer
Davis-Daly
Colorado
Silver King
Utah Consolidated
American Smelting Company
Bingham Camp
Bingham Butte
Tamarack
Cost of Railway Service and Pricing Dilemmas
A paper read before the Cape Government Railway Literary Society questions basing rail fares on cost of service. It argues that calculating true service costs is impossible and that allocating expenses to passenger or goods traffic is very difficult, with trials proving costly and laborious.
MENTIONED IN THIS ARTICLE
South African Railway Magazine
Cape Government
Literary Society
South Africa
Also Mentioned on This Page
Europe
Aldrich
Senate
American Bank Association
Clearing House
Paris
Bank of France
Imperial Bank of Germany
Japan
America
Morocco
Abyssinia
J. P. Morgan & Co
Erie
Missouri Pacific
Rock Island
Redmond An
Chestnut St
Pine St
Spencer Trask & Co
Amemiers New- York Stock Exchange
William and Pine Streets
Halsey
BANK
Fall St
Chicago
San Francisco
Broad ST
Inestment Securities
Travelers Letters of Credit
American Telephone
Gilwings & Marckwald
Kountze Brothers
Broadway
Cedar St
Bertron, Storrs
Griscom
Wall Street
Land Title Building
Henry Clews&co
Broad Street
Bankers
N.Y. Stock Exchange
Boissevain & CO
Adolph Boissevain & CO
Amsterdam
Holland
Municipal Railrsed Corporation
Lisits
Ce Barnum Co
Pine, Street
Standard Oil Plant
Cotton States
Federal Bureau
Boston Copper Gossip
Copper Range Consolidated
Winona
Lof Cumperland-Ely
Nevada Consolidated
Cumberland Ely
Potter, Ghorte & Prentice
N. Y. Stock Exchange
Banking and Commission
Sailroad
Nassau and
Pine Streets
JAS. H. Oliphant & CO
New York Stock Exchange
The
Nassau Bank
Nassau and Beekman
Dominick
Broadway, N. Y
United Bank Note Corporation
NEW York & W
York & Queens Gas
Farson, Son & CO
Pine ,St
Norfolk & Western Railway
Moffat & White
Nassau Street
Ever & CO
Hanover
Wall St
Simon Borg & CO
Nassau St
Investment Securities
Primrose & Braun Bank, Trust & Write Ins. Co
Leonard F. Hepburn
New St
Colorado Springs
George St. Mension
E. C
R.R. Notesco, Bates & Co
la Galle
Siegel, Heilner
J. G. White & Company, Inc
Exchange Place
POR
Minn
Water & Light
GEO. A. Fernald & CO
Milk St
International Silver
Borden’s
Lackawassa Steel American Chicle
Standard Milering
Edgar G. Youngs
Cape Town
Sixth Ave. R. R. Co
Brooklyn City R. R. Co
Oswego
Syracuse
R. R
Safety Car Heating & Lighting Co
R.F. Westerfield Tel
John
New Yor
Ke Will Selle Union Typewriter
Common Union ‘Typewriter
Willard & Co
Bread St
St. Paul, Minn
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!