European Money Markets Show Mixed Signals and Rail Strains
Financial writers note divergent trends with money markets improving abroad as central banks cut discount rates in Germany and England, while U S railroad earnings hint at December losses. Industrial dividends fall and freight car counts drop, signaling cost cuts and retrenchment amid a fragile recovery.
Baltic lode strikes boost copper market reports from Butte
Boston copper gossip notes a firmer copper market despite Butte signals of no mine resumption. Baltic lode at Isle Royale prompts two new shafts while Atlantic Mine shows Baltic under the twelfth level. Raven, East Helena, Black Hawk and Mammoth developments add optimism. Shawmut line income and related company results are disclosed.
MENTIONED IN THIS ARTICLE
Boston
Butte
Amalgamated
America
Isle Royale
Atlantic
North Butte Extension
East Butte
East Helena
Montana
American Smelting Company
Raven
Ohio Copper Company
Bingham
Amster
Blackhawk
Arizona
Old Dominion
Calumet and Arizona Company
Tinplate Mills Reopening Boosts Pittsburg Trade
Special report from Pittsburg notes marked improvement in tinplate and billet trade as mills restart. American Sheet and Tinplate opens Greer mill at New Castle and La Belle mine near Wheeling boosting capacity. Carnegie Ohio works restart billets for Newburg mill and tinplate bars. Prices firm across billets, sheet bars, and Bessemer output while deliveries and contracts adjust to renewed activity.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
American Sheet and Tinplate Company
Greer
New Castle
la Belle Feee
Wheeling
Ohio Works
Carnegie Company
Youngstown
Newburg
Tinplate Company
United States Steel Corporation
Tennessee Cmpany
Alabama
Riddlemen
Birmingham
Southern Pig Iron
Southern
Bessemer
Valley
Walley
Conellsville
Connellsville
Weather forecast for cotton states from Washington
The Federal Weather Bureau forecast for Monday and Tuesday calls for fair conditions across the cotton states. North and South Carolina may warm with fresh easterly winds, Georgia and eastern Florida fair with light to fresh easterly winds, western Florida Alabama and Mississippi fair with east to south winds, Louisiana fair with warmer northwestern portions, eastern Texas fair with fresh southeast to south winds, western Texas fair with similar winds, and Oklahoma Arkansas fair with a warmer trend Monday into Tuesday.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Federal Weather Bureau
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Oklahoma
Arkansas
Paris Trading Active on Paris Bourse in Week
For the first time in many months Paris trading has been fairly active as England's bank rate was cut and New York banks showed strength, encouraging speculators on the Paris Bourse this past week.
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Aldrich
Senate
New York
Washington
New York Times
London
Stock Exchange
Chicago
Great Western
America
Bank of England
France
United States
Paris
England
Stock Jobbing Legislation Through the Years
A historical overview notes a recent Albany bill to repeal 1858 laws forbidding short selling and revisits 1812 and 1830 statutes. It recalls stock exchange speculation, Continental money era shinplasters, and New York's evolving stance on short sales and contracts involving stock certificates.
MENTIONED IN THIS ARTICLE
Albany
United States
the Stock Exchange
New York
England
Decline in English Commodity Prices Since May 1906
The Economist index shows a steady drop in England's commodity prices from May last year through December 1907, with the total index sliding from 2601 in May to 2310 in December. The magazine notes a two year upward run ending in May 1907 and an incomplete return to normal levels, as prices remain above 1904 and 1903 levels.
MENTIONED IN THIS ARTICLE
England
Economist
Berlin Boerse Faces Gloom After Rates Hold Steady
Berlin reports another period of gloom as the Reichsbank and Bank of England hold rates steady. Banks absorb funds via new industrial flotations, shipping shares slide, steel and bank stocks retreat, American rails rise on renewed demand.
MENTIONED IN THIS ARTICLE
New York Times
Berlin
Boerse
Reischsbank
Bank of England
New York
Standard Oil
Iron and Steel Exports Reach New High in 1907
exports of iron and steel manufactures from the United States rose sharply with 1907 totals near 200 million dollars. machinery dominates the export mix with about 95 million, including heavy figures for locomotives cash registers printing presses and various metalworking and mining tools. the eleven months ending november show continued strength, pointing to a full year near the 200 million mark.
MENTIONED IN THIS ARTICLE
United States
Loving Cup Presented to Van Norden President
Directors of the Van Norden Trust Company present a loving cup to President Warner M. Van Norden in appreciation of his handling of company affairs during the October financial flurry. The eighteen inch high cup was designed by Marcus.
MENTIONED IN THIS ARTICLE
van Norden Trust Company
Warner M. van Norden
Marcus
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Europe
Bank of Germany
Bank of Inngland
New York Central
Consolidated Gas Company
Associated Banks
Amalgamated Copper Company
Osceola Mining Company
Boston and Montana Copper Company
Cast Iron Pipe Company
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Enl Iace
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Griscom
Laid Title
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Banke van Norden
Potter, Choate & Prentice
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Broadway, N. Y
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Investment Securities
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Shawmuit & Northern Railroad Company
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Messrs. Hotchkiss & Barber
CHAS
Jones, Jr
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