Wall Street Bullish On Easy Money Signals
Traders argue that easy money drives stock advances and cite low call funds and active time money markets. The Aldrich bill discussion and bank reserve hopes color optimism, while some banks hedge on commercial paper and potential central banking changes.
Grain and Provisions Market Pulse in Early Trading
Wheat futures saw a two cent late-day advance amid fears of green bug and tight supplies. Chicago reports show 43.4 percent of the crop still held by farmers across 3 Northwestern states, with Minneapolis Duluth weekly gains of 600000 bushels fueling weakness. Liverpool declines on Argentine shipments contrast with Budapest gains as export sales total about 20 loads. Cash wheat in New York ranged with No 2 red about 1.08 and No 1 Northern Duluth at 1.22. Corn market opened modestly higher then stalled. Argentine shipments 391000 bushels weekly. No 2 corn closed near 0.75 in New York.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Duluth
Northwestern
Liverpool
Budapest
New York
Treasury Ledger Reports Redemptions and Receipts
National banknotes received today for redemption amount to 1 563 820 dollars. Government receipts from internal revenue 886 545 dollars and customs 71 319 dollars. Expenditures total 2 140 000 dollars. The Treasury opened with 150 900 000 dollars in gold coin and bullion. Deposits and current liabilities are listed with 123 197 736 dollars in current liabilities and 465 498 000 dollars in gold and silver coin totals. Albert Strauss spoke at Columbia University on currency reform and elasticities in the U S monetary system.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury
Reserve Fund
Peglee Waceee Ltd Smes Srp
National Gaile Us Chipo
Philippine
Albert Strauss
J. ‘& W. Seligman & ‘Co
Columbia University
Record Exports Surpass Imports in December Amid Gold Influx
The December report from the Government Bureau of Statistics shows new export records and a large excess of exports over imports, aided by a $44.45 million gold import. December's excess reached $114.89 million, with November at $93.66 million, reflecting rapid product sales abroad and renewed gold inflows to stabilize finances.
MENTIONED IN THIS ARTICLE
Government Bureau of Statistics
Apoe
Veesiel
Wabash Terminal Bonds Decline Sparks Readjustment Talk
Declines in Wabash-Pittsburg Terminal first and second mortgage bonds drew attention to the company’s finances. First mortgage bonds dropped to 45 1 2 and second mortgage income bonds to 14 as talks of potential readjustment surfaced. The Wabash controls the Terminal and has covered interest deficits without guarantying its securities.
MENTIONED IN THIS ARTICLE
Wabash-Pittsburg
Pittsburg
Road
Pennsylvania Railroad
Wabash Railroad
Wabash
Pittsburg Terminal Company
Bankruptcy petition filed against Robinson-Baxter-Ossowa Towing Co
A petition in bankruptcy is filed against Robinson-Baxter-Ossowa Towing and Transportation Co with offices at 17 and 19 State Street Manhattan and Watervliet N Y. Creditors include The Burt and Mitchell Co Cahill and Henley and Anthony O Boyle. Judge Holt named William S Montgomery receiver. Assets estimated at 30000. Company carried cargoes in New York harbor and to eastern ports. Founded 1890 and incorporated three years ago with 140000 capital. President Hiram A Baxter died on September 26 last.
MENTIONED IN THIS ARTICLE
Robinson-Baxter-Ossowa
Towing and Transportation Company
State Street
Manhattan
Watervliet
N. Y
Burt’ & Mitchell Company
Cahill & Henley
Anthony O' Boyle
Holt
William S. Montgomery
Wall Street
New York Harbor
Hiram A. Baxter
New York Incorporations Added in Albany Listings
Special to The New York Times Albany January 17 reports numerous company incorporations including Edgett Burnham Company Newark Wayne County capital 175000. United States Importing Company New York capital 125000 Specialty Sales Company New York capital 10000 Royal Eastern Electrical Supply Company New York capital 55000 and many others with named directors and addresses across New York State and nearby areas.
MENTIONED IN THIS ARTICLE
Albany
Edgett-Burnham Company
Newark
Wayne County
Edwin K. Burnham
Harriet C. Edgett
George A. Burnham
N. Y
United States
New York
George Letterhouse
East Thirtyfourth Street
Bayonne
N. J
John ©. Coffey
Irving Place
John.s. Colucci
Broadway
Capital
Andrew J. Kelley
North Fulton Street
Xfount Vernon
Westchester County
John A.ret
John J. Sullivan
Royal Eastern Electrical Supply Company
Francis E. Ne
Tldridge Street
Eugena Congleton
West Ninety-sixth Street
Edward J. Tyen
East 179Th Street
Harman
Supean Company
Buffalo
Erie County
Shelday
the Ayon
Aew Street
John S Mancaster
Holland Place
William R. Hannisn
Prospect Avenue
Economy Electric Company
Brooklyn
H. F. DD. Kelsey
Freessall County
George P. Falk
William Ԥ T
Donald Bayliss
Park Place
Lawrence A. Norton
Mark A. Noble
Allen Broorphall
Pa Street
Cravenette
Raincoat Company
Long York Capital
Charles Josephson
141St Street
Harry Rosenfield
115Th Street
Joseph Sapinsky
Manhattan Avenue
Scotts Excelsior New England Bred Company
Benjamin Scott
Tenth Avenue
John W. Wilson
Eston A. Young
Third Avenue
George Lewis
Ce Avenue
Woodward Press
Alfred A. Watts
Westfield
William J. Bowman
Pearl Street
Paterson
Walter A. Spratt
de Graw Street
Silverman-Jones Construction Company
Robert M. Silverman
West Ninety-second Street
Samuel Jones
St. Nicholas Avenue
J. Besner
West Seventeenth Street
Morris H. Moskovits & Co
Morris
Moskovits
Aee Avenue
Henry Cohen
Hart Street
David Halperin
Lorimer Street
United States Trade Marks Association
Daniel T. Pierce
121St Street
H. Pierce
Twenty-first Street
Ie H. Boyesen
Forty-fifth Bitect
New
Hort
World money markets mixed as Tokyo and European bourses slip
London traders reported easy discounts and a weak stock market with dull, easy closes. Japanese bonds fell after the budget news while Amalgamated Copper dividends declined. Berlin and Paris also showed overall softness with American issues down and rents easing.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Southern Pacific
Union Pacific
Wall Street
New York
Denver & Rio Grande
Bank seeks discount cut as Russia plans ruble retirement
St. Petersburg reports the State Bank may cut its discount rate from Ty to 7 percent after a directors meeting. It was decided to retire 30,000,000 rubles of paper currency, to be burned January 20. Calcutta notes the Bank of Bengal raising its discount rate from 8 to 9 percent.
MENTIONED IN THIS ARTICLE
ST. Petersburg
Calcutta
Bank of Bengal
London Stock Closing Prices for American Stocks
London and New York closing summaries compare New York equivalents with the prior session. Major names include Anaconda, Canarn peace LLG, St Paul, Illinois Central, New York Central, Pennsylvania, Reading, Union Pacific, U S Steel, and U S Steel Priscess with varied gains and declines across listed prices.
MENTIONED IN THIS ARTICLE
London
New York
Lon- N.Y. N. Y
Don. Baer
Congols
Canarn Peace Llg
St. Paul
Erte Ist’ F
Lllinoig Central
Louis
Nash
Pennsylvania
Oi Beceee
Pacific Ewes
Union Pacific - Aki
U. S. Steel
Steel Priscess
Cotton Market Forecast Faces Weather and Rumors
The Federal Weather Bureau predicts fair conditions across cotton states for Saturday and Sunday, with winds varying by region. Prices fluctuated in yesterday’s market, closing barely steady after sharp intraday moves amid rumor of a battleship sinking, while 500,000 bales were traded.
MENTIONED IN THIS ARTICLE
Ne York Times
Washington
Federal Weather Bureau
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
New Traction Directors Elected for Third Avenue Rail Subsidiaries
Directors representing bondholders and the Trustee of the first consolidated bonds of the Third Avenue Rail road have been elected to the boards of its subsidiaries including Dry Dock East Broadway Battery Railroad Forty second Street Manhattanville and St Nicholas Avenue Railroad and the Union Railroad. Central Trust Company remains Trustee of the mortgage securing the bonds. Elections follow an agreement with receivers and the plan of separating the Metropolitan and Third Avenue systems.
MENTIONED IN THIS ARTICLE
First Consolidated
Third Avenue Railroad
Third Avenue
Dry Dock
East Broadway, and Battery Railroad
Forty-second Street
Manhattanville
St. Nicholas Avenue
Union Railroad
Central Trust Company
Newark Clearing House Meeting Called For Bank Presidents
A Newark New Jersey meeting of bank and trust company presidents is set for next Wednesday afternoon to form a city Clearing House. The Newark National Banking Company urged the gathering, which marks the first concrete step after years of discussion.
MENTIONED IN THIS ARTICLE
Newark
N. J
Bank and Trust Company
Newark National Banking Company
Trading in Baltimore
Mount Vernon-Woodberry Cotton Duck 5s advanced, United Railways 4s rose, Consolidated Gas 6s gained, City & Suburban 5s up, Seaboard 4s and Anacostia & Potomac up. Houston Oil lively and up 4. The close was strong and active. Shares 825 bonds 71,009 dollars.
MENTIONED IN THIS ARTICLE
Baltimore
Mount Vernon-W
United Railways
Consolidated Gas
City & Suburban
Seaboard
Anacostia & Potomac
Houston
Maryland
A. Cc
A.C. L
S. C
Ga, & Pacific
WAL & H. c
Potomac
United Rys
BS. Os
Ic. Eeess
United Rus
Fidelity & Deposit
Metal Market Reports Tell Copper and Tin Slip in London
Copper spot and futures eased in London with spot at 62 pounds 15 shillings and futures at 63 pounds 2 shillings 6 pence. Pig tin weakened to 123 and 124 pounds for coin spot and futures, while lead rose to 14 pounds 5 shillings 9 pence and spelter strengthened to 21 pounds. Iron warrants were 9 pence heavy for standard foundry and 48s for Middlesboro.
MENTIONED IN THIS ARTICLE
Lodon
Standard Foundry
Middlesboro
New York Metal Exchange
Lake
Manel Cmdine Oak Cotm! Seiu
Mining Stock Quotations From San Francisco and Colorado
Official closing mining stock quotations from San Francisco listed numerous mines and brokers with bids and asks for names such as Alta, Kentucky Anles, Mexican, Chollar, Confidence, Union Con, Gould & Curry, Hale & Norcross, Sierra Nevada, St Louis, Tonopah Extension, and Moy references. Local Colorado quotes also showed Acacia Findlay Dante Dr Jackpot and U.G.M. with scattered bid and ask figures.
MENTIONED IN THIS ARTICLE
New York Times
San Francisco
Alta
Ophir
Pesca Caledonia
Ovetman Cecesceees
Potosi Eae
Savage Ree Ae
Belcher
Cal
Hale & Norcross
Osu
Julia
Laraffs
Aight
Telegraph
Tonopah
Kendall
Belmont
TuLone
Star
Golden’ Anchor
Queen
Jim. Butler
McNamara
Red Hills
Ioe Midway
San
Tves O
Glackerjack
Montgomery Mt
Galafield C. Mines
Colorado Springs
Financial Market Notes and Executives Update
Financial notes detail new offices and investments including F Hutton & Co opening a Washington branch at 1501 F Street. Hayden Stone & Co acquire large stake in Oldfields Consolidated. Iowa Central Railroad bonds listed. Peoria & Bureau Valley Railroad declares semiannual 4 percent dividend plus 1 percent extra. Edward B Smith elected director of United Railways Investment. New York Central official denies Mohawk Valley takeover rumor. 1908 financial calendar announced. European American Bank stockholders meet with leadership changes. Caldwell National Bank elects George E. De Camp as president. First National Bank Belleville elects Iohn R Graves as president and George W Loft as vice president.
MENTIONED IN THIS ARTICLE
F. Hutton & Co
Washington
F Street
Hayden, Stone, & Co
Oldfields Consolidated Company
The
Stock Exchange
Iowa Central
Eaward B. Smith
Edward B. Smith & Co
United Railways Investment Company
United Railroads of
San Francisco
Philadelphia Company
Pittsburg
New York Central
Mohawk Valley Company
Central
International Fraction Company
Buffalo
George E. de Camp
Caldwell National Bank
Caldwell
N. J
Charles S. Boyd
Iohn R. Graves
First National Bank of
Belleville
George W. Loft
Charles 8
Boyd
Hanover National Bank elects 19 directors for next year
At the January 14 meeting of Hanover National Bank stockholders in New York City the following individuals were elected as directors for the ensuing year: Vernon H. Brown William Barbour James M. Donald William Duncan James Francis Fargo E Hayward Ferry William Halls Jr William De F Haynes Arthur Curtiss James Edward King Charles H Marshall Cord Meyer Samuel T Peters John S Phipts William Rockefeller Elijah P Smith James Stillman Isidor Straus James T Woodward William Woodward. James T Woodward was unanimously re elected President and James Donald E Hayward Ferry and William Woodward were unanimously re elected Vice Presidents. Elmer E Whittaker, Cashier.
MENTIONED IN THIS ARTICLE
Hanover National Bank
City of
New York
Vernon H. Brown
William Barbour
James M. Donald
William €. Duncan
James Francis Fargo
E. Hayward Ferry
William Halls, Jr
William DE F. Haynes
Arthur Curtiss James
Edward King
Charle
H.marshall
Cord Meyer
Samuel T. Peters
John S. Phipts
William Rockefeller
Elijah P.*smith
James Stillman
Isidor Straus
James T. Woodward
Willia
T Woodward
Messrs
James Donald
William Wood Ward
Elmer E. Whittaker
Germania Bank
Edward «. Schaefer
Otto M. Eidlit
Daniel Brubache
Louis P
Bernhard Beinecke
George E. Mott
Charles A. King
Oscar FL Zolli
Charles Gulten
Gustave Linde
John Rheinfrank
William H. St
Charles A. Stadler
Edward Binneche
Herman F. Kanenbley
Thomas G. O'Connor
Henry Gucker
Cators
Offic
Edjward Schaefer
Bernhard
Chatham National Bank
George M. Hard
Henry FE. Shoemaker
John H. Washburn
William J.conrad
Sanford H. Steele
Franklin S. Jerome
Frank R. Lawrence
Frank J. Heaney
Daniel J. Carroll
Samuel Weill
John D. Vermeule
Lewis Coon
G. P. Morosini
O. G. Bessenden
Richard Flynn
W. Hi. Strawn
Kenry L
Cadmus
W. H. Strawn
Hobart J. Park
Charles Scribner
George McNeil
Benjamin Altman
Louis «. Tiffany
Corcellus H. Hackett
Alfred G. Bevans
John S. Huysler
Arthur L. Lesher
F. Chichester
J. Stanley T
HE Citizens “Central National Bank OF New York
Francis M. Bacon, Jr
Marech Kahle
Carl F. Baker
Darwitt’. Kingsley
Ralph L. Cutter
Waiunstury London
Daniel A. Davis
Augustus F. Libby
Bor. Commerteh
Henry Sampson
Frederick T. Fleitmann
Edwin S. Schenck
Hubert B. Hirsch
Jacques Huber
Henry B.stokes
Edward A. Walton
Hell
Edwin
Schenck
Albion K. Chapman
Cashier
People’s Bank of the
City of New York
Scott Foster
Stevenson Taylor
Adolph Winmpfheimer
Thomas Williams
Theodore WW. Morris
Theodore Tiedemann
Alfred B. Maclay
William, Milne
Freeman Bloodgell
Frederick W. Price
George G. Milne
Adolph Wimpftheimer
William Milne
Hart B. Brundrett
Nner
Ss. C. Merwin
Mechanics and Traders Bank Elects Erectors and Officers
The Mechanics and Traders Bank of New York held a meeting January 14 1908 at 565 Broadway electing Henry Albers E A Fitter Wm O Allison Edward M Grout James T Ashley Paul Grout E Bogart Simon J Harding James N Brown Louis H Holloway Wm J Butt Thomas F McCook W F Corwit Joseph Michaels Barth F Cronin Chas E Ring etc as erectors for the year. David A Sullivan was re elected President Edward M Grout First Vice President and James T Ashley Louis H Holloway Vice Presidents.
MENTIONED IN THIS ARTICLE
Mechanics ‘ Traders’ Bank OF the City OF
Wm. J. Butt
Thomas F. McCook
W. F. Corwit
Joseph Michaels
Barth. F. Cronin
Chas. E. Ring
Wwate
Damron
Willian Strasser
Re . Dederer
Charles Strauss
Donnelson
David A. Sullivan
Jacob Emsheitme Ferflinand A. Strauss
Edward M. Grout
James T. Ashley
Louis H. Holloway
A. M. Dederer
Qushier
Annual Meetings and Director Elections Across Multiple Companies
A compilation of notices from firms including Eastern Michigan Edson Company Central Union Gas Company Consolidated Gas Company of New York and American Sgle Lighting Appliances Co announcing annual meetings, election of directors and trustees, transfer book closures, and meeting dates. Sunken dates range January 1908 to February 1948 with offices in New York City and related locations.
MENTIONED IN THIS ARTICLE
Central Union Gas Company
Alexander Av
New York City
Consolidated Gas Company OF
New York
Irving Place
Rome
Losomeryvo Ant Macline
Companuy. Xa Spector
Ecliwwk
Jan TP
Gotewett
Sgle-Lighting Appliances CO
Sturday
Tos
Sixth Avenue
N. Ity
HY Man
German American Bank Names Directors for Upcoming Year
The German American Bank in New York announces elected directors for the coming year including L. F. Dommerich Alfred Roelker Oscar Dressler Samuel M. Schafer J. F. Fredericks and others. Casimir Tag re elected president and Samuel M. Schafer vice president. J F Frederichs named cashier. Pacific Bank also lists new directors with Brundrett as president and Skinner as vice president. Sixth Avenue Railroad Company to hold annual meeting January 21 1998 at 730 Washington Street New York with transfer books closing January 10 and reopening January 22.
MENTIONED IN THIS ARTICLE
New York
L. F. Dommerich
Alfred Roelker
Oscar Dressler
Samuel M. Schafer
J. F. Fredericks
IT. Schnakenberg
Antonio Gonzalez
Albert Tag
Harmony ¥. Hendricks
Asimir Tag
Henry R. Euinhardt
The
Sixth Avenue Railroad Company
Washington Street
Also Mentioned on This Page
Wall
Interior
Joe
Sub-Treasury
Tess
Orl
Amy Nzig
the Treasury Balances
Bankers Strauss
Columbia
Pittsburg Company
Paris
Berlin
Baprlin
Bank of Germany
Chamber of Deputies
Cotton States
Connecticut
King
Canada
Eset
el Rae Cate
Gulf
Galveston
New Orleans
Memphis
Avannah
Norfolk
Augusta
Little Rock Steady
North Chicago Street Railroad
North Chicago Street Railroad Company
Farmers’ Loan & Trust Company of
Harris Trust & Savings Bank of Chicago
Fidelity Trust Company
Philadelphia
R. E. Ellis
North Chicago Street Railroad Company Bond
C. S. W. Packard
Seaboard National Bank
Beaver St
Beekman St
P. O. Box
Balaklala Copper
First National Copper Company
Balaklala Copper Company
R. Buchanan
Broad Street
Bay
F. Eisenberg
Prince St
Third Avenue Parities Se
Clearing House For
Metal Market Reports
Financial Notes
Andrew J. McCormack
Adrian H. Muller
Casino Co. of America Common
Dix River Barytes Co
Bond & Mine
Monterey Realty & Construction Co
Samuel Mandel
97Th Street
Madison AY
Fairmount Coal Co
Western Union Telegraph Co
Trust
Greenwich Bank
United States Express Co
Hanover Fire Insurance Co
Pullman Palace Car Co
Dixon Crucible Co
Mercantile National Tank
National Copper Bank
Importers & Traders’ Natl. Bank
Milliken Brothers, Inc
Mtge
Skg
Eee & Tilford
Natl. Bank
Chicago & Ind
Toledo & Ohio R. R. Genl
Louisville & Jeffersonville Bridge Co
Entace
Indianapolis & Louisville R. R
Lehigh Valley Coal Co
Aoe Pacific R. R
Morristown Trust Co
North Butte Extension Copper Afining
William Street
Southern Stirel Company
North Chicago City Railway Co
Chicago West Division Railway Co
North Chicago Street Railroad Co
West Chicago Street Railroad Co
Chicago Passenger Railway Co
West Chicago St. Railroad Tunnel Co
Chicago Union Traction Co
Chicago Railways Company
Harris Trust & Savings Bank
Farmers’ Loan & Trust Company
Harris Trust and Savings Bank
Dearborn Ste . Chicago
Fred. R. Jones & CO
Broad ST
Broad
United States Steel Commion
Myers
Greenwich Savings Bank
Cv. BE. Cor
James Quinlan
Charles M. Dutcher
Treas
J. Hampden Robb
WM. A. Leggett & CO
G. W. Rasch
American Sponge Co
C. Rosenbaum
Emanuel A. Stock
Whitewall Street
St. Louis
WM. S. Patten
Banks and Trust Companies
R. John Cromwell
Lincoln Nationat
Bank of the City of
W. K. Vanderbilt, Jr
E. V. W. Rossiter
Joseph P. Grate
M. Hartley Dodge
BR. van Wormer
KE. Jay Edwards
David Gerber
Thomas L. James
Messrs. E. \. W. Rossiter
W. A. Simonson
Chas. Elliot Warren
Cashter
Fourth National Bank of the City
Arene Ae
Eugene Delano
T. Frank Manville
Thomas H. McKittrick
J. Edward Simmons
James G. Cannon
Charles H. Patterson
Office of
Brooklyn Rapid Transit Company
Breach of
Ltst
Tas
Clinton Street
Borough of
Stoe Xtlers
Ins Cc
D. Meneesi
Eastern Michigan Edson Company
New Yorkry
Stockholm Michigan Edison Company
EWS
P2cob P
Max
O’elock P.tm
W. C. Phelps
Corporation of Hoegeman & Co
Boroush Ot Rathatian
Oelork
George Eamsey
Central Spar
Verein
Staeckholders
Viewin
Avenue
Scolet Plaster Luard Company
Eons
Battery Place
Hws
Basel We
Church St
T. Letson
Serr
Railroads
Secetary
Kansas City, Mexico & Orient Railway
Kansas Clift
Mexico & Orient Railway Co
Klos
Vmericum Exchange
Kansas Ctry
Mexico & Ordint Rawaway Tech
A. FE
Eagle Savings and Loan CO
Solon Cheou
Remsen ST
Brookeyn
City
Borough Hall
Illinois Central Hailroan Company
Pecyiebelles
Hillness Central Railrord Conmany
Sabeirday
Tb Hackstayf
Tewis
Pacific Bank
Vrrogdway
Lave
Les
Sos
Lord & Taylor
Witle Sd
Department of Taxes and Assessments
Borough Senet Hall of Records
Greater New York
Bronx
Quéens
Richmond
Department
Municipal
One Hundred and Seventy-seventh Street
Munivinsl
Queens
Joffies
Hackett
Jackson Avenue
Fifth Street i
Rich T ‘He
Forough Hall
New Brighton
Staten Island
Lawson Purdy
Frank Raymond
Nicholas Muller
James H. Tully
Chas. Putzel
Thomas L. Hamilton
Hugh Hrastings
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!