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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jul 02, 1908

Page

11

Wall Street Topics Drift as Holiday Quiet Deepens Trading

In a slow market era, visitors note scant attendance on holiday expectations, with commission houses idle and odd lots trading only sporadically. A Jersey trader jokes of enforcing local speed laws while the market stalls, and directors weigh dividends amid uncertain business prospects.

Commission Financial District

Coffee market holds steady as prices edge higher

The market opened steady with a partial 6 point rise and sales reached 22 500 bags. One month was unchanged while other positions gained 6 points. First day of the crop season shows Brazil port movement for the season at about 10 283 000 bags versus 19 654 000 last year. Havre and Hamburg posted modest gains as Rio and Santos showed mixed moves. Spot Rio No 7 quoted at 640.

Havre Hamburg New York Rio Santos

Cincinnati Hamilton and Dayton defaults on bonds and refunds

The Cincinnati, Hamilton & Dayton Railway defaulted on interest for its 4 percent refunding bonds and on several underlying bonds. A noteholder committee led by J N Wallace said it would buy coupons to protect note positions. A director cited lack of funds in the receiver to meet interest as the cause, with a 60 day grace to cure the refunding debt.

Cincinnati Hamilton & Dayton J. N. Wallace Anking

Grain and Provisions Market Summary

Active buying across markets led by Chicago with wheat futures up to 1.5d. Berlin and Budapest gains cited, interior arrivals 289 000 bushels vs 503 000 year ago, seaboard movement 232 000. Cash prices: No 2 red 97 8c, No 1 Northern Duluth 1.165, No 2 hard Winter 1.00 5c. Corn edged softer early on favorable weather, then firmed. No 2 corn 79c elevator, 78 3/4c FOB. Bond quotes compared with Tuesday.

Chicago Arpool Berlin Budapest Seaboard Chicago Board of Trade New York Duluth Liverpool

Securities admitted to the New York Stock Exchange yesterday

The exchange listed Manhattan Railway Company $11 712 000 additional consolidated mortgage 4 percent bonds due 1990 bringing totals to $39 777 000. State of New York £5 000 000 4 percent highway improvement bonds due March 1 1953 to be listed July 1 1908. Metropolitan Street Railway Company on July 1 1908 $6 408 000 guarantee Trust Company certificates of deposit for general mortgage and collateral trust 5 percent bonds due 1997 to be admitted with additions up to $12 500 000 before Jan 1 1909. Chicago & Western Indiana Railroad Company $229 000 additional consolidated mortgage fifty year 4 percent bonds.

Lst New York Stock Exchange Manhattan Railway Company State of

Bankers and Directors Move as Markets Recruit Leaders

L Redlich joins H P Goldechmidt & Co. ex mayor Fred W Wurster named bank director. Frederick M Rook joins W R Houghtaling & Co. US Steel President W E Corey to visit mid month. Britton & Co. opens Norfolk Conn branch. Ex Gov Griggs named director of American Locomotive to replace Schoonmaker. Mallory and Gurtis elected directors of North American Trust. Adams & Co. see changes inside Bartlett firms. Bonds offered include Yonkers 4% long term and Big Sandy 4% notes at 80% with interest.

L. Redlich Stock Exchange H. P. Goldechmidt & Co Fred W. Wurster Manufacturers’ National Bank of Brooklyn Frederick 5. Rook Epieres W. R. Houghtaling & Co W. E. Corey United States Steel Corporation Europe Britton — & Co Roya Arcanum Norfolk Chesapeake & Ohio Big Sandy Hillhorn Coal District Cincinnati Ay Con Stock Exchange Chesapeake Ohio -Way Company Chicago, Milwaukee & St. Paul J Way Company New York, Lake Erie & Western Railroad Company Buffalo & Southwestern Utah & Northern Railway Company Metropolitan Elevatery

European Markets Show Easier Money and Lethargic Trading

July market brief notes easier money flows due to dividends, with dull, narrow trading. Consols rise on monetary ease, home rails weak from traffic woes, American securities idle, bar silver stable. London money rates 1 4 to 2 1 2 percent, short bills 1 1 5 16 to 3 16 percent. Paris closes firm 3 percent rente at 95 francs 22 1 2 centimes. Berlin reports extremely dull Boerse with minor shifts.

London Stock Exchange Hudson Bay Paris

Foreign Public Securities Report of European State Auctions

Yesterday's quotations show European state and municipal securities on offer. Notable listings include sovereign bonds and municipal notes with varied yields and maturities. Trading centered on government debt and official issues across several countries.

London copper and metals close mixed with small declines

Spot copper fell from Tuesday’s close and futures slipped seven and a half pence. Pig tin softened to 124 pounds 5 shillings spot and 125 pounds 7 shillings 6 pence futures. Lead rose to 12 shillings 8 pence while spelter fell to 18 pounds 5 shillings. Cleveland warrants eased at 1 shilling 11 and a quarter pence. New York Metal Exchange bids and asks for copper and other metals show little change from Tuesday with small upticks in some grades and steady readings in electrolytic and casting copper.

London Cleveland New York Metal Exchange

Local Exchange Closing Quotations Report

Special to The New York Times from Colorado Springs details closing quotes on the local exchange. Isabella Portland Rawlings Work listings show figures with bids and asks, reflecting market activity for the day.

New York Times Colorado Springs Col Big Isabella Portland Rawlings

Bondholders form committee for Cincinnati Indianapolis & Western bonds

A committee is appointed to protect holders of the First Mortgage Five Per Cent Forty-year bonds of the Indiana Decatur and Western Railroad and the First and Refunding Four Per Cent Fifty-year bonds of the Cincinnati Indianapolis and Western Railway. Holders are asked to deposit negotiable bonds with Bankers Trust Company as depositary for a forthcoming agreement. Copies of the deposit agreement will be available from the committee secretary’s depositary.

Cincinnati, Indianapolis & Western Railway Company Indiana, Decatur & Western Railroad Company Bankers Trust Company Central Trust Company Wall Street New York James N. Wallace Anthony N. Brady Charles F. Dieterich James P. Lee Albert Tag Hastings

Also Mentioned on This Page

Marely Ose Daly Conusnesece So Wtetcesen Eptember Aace Sjanualy Ceceeee Esserce Ccseee Teavevesese Igedeaesvss I HY Protective Committee WII Grain and Provisions Chicago Stock Market Pittsburg Transactions New York City Commonwealth Edison Am Can Pt.se Neeeeees 35, 54 Es .Am Booth & Co Booth &.Co. Pf Chicago By Chicago Subway Eere Chicago Telephone Chicago Title & Trust Nat. Biscuit Pf Sears-Roebuck Quaker Oats Pf Swift United Ae Board Pt Ta Pittsburg Crucible Steel Pf Independent Brew Ind Seecese Ooese Pitts Pitts Brew U. S. Steel Pf Westingh Pitts. Brew West Penn MINT Ccc Financial Notes London Exchange Foreign Public Securities Ial Securities Saxony Cologne Munich Augsburg Frankfort-am-Main Consol Ee Atchison Central Fou Nash Pac Coesseae Union Pac Steer Camp Bird Esperanza Dolores O.escenxee Stratton’s Ind Metal Market Reports Colorado Idan, Decatur & Western Railroad Company Frederic H. Eckes Thomas W. Lamont WM. A. Read Albert H. Wiggin Geo. K. Johnson Philadelphia E. Cotting B. Close Boston N. Y Strong & Cadwalader, Counsel Erie Railroad Company Wall St Erie J. P. Morgan & CO Isthmian Canal Commission Washington, D. C State Street Custom House New Orleans North Point Street San Francisco Cal U. S Seattle Wash Galveston Tex A. F. Hodges Corps of En Itle Insurance& Trust Company Title Department & Trust and Banking Department Brooklyn Montague Street Edwin W. Coggeshall Herbert E. Jackson Walter N. Vail Fthorwald David B. Ogden Geo. F. Butterworth, Dumont Clarke Edwin W. Cogge Shall William A. Day, William P. Dixon Julian D. Fairchild John T. Lookma Henry Uoggenthad, James N. Wallace New Jersey Jersey City, N. J John W. HA Robert Ross Jay Perkins Idenbergh William J. Field J. Richard Tennant Douglas Alexander, Walter E. Ammon Frederic G. Bourne, William Brinkerhoff C. Cuyler Jacob J. Detwiller Charles D. Dickey Oscar L. Gubelman John W. Hardenbergh William B. Jenkins Clarence H. Kelsay Gustav EB. Kisset David W. Lawrence James A. Macdonald Allan L. McDermott James G. Morgan John A. Middleton Moses Taylor Pyne Archibald D. Russell Robert 3. Rees Erwin A. Stevena Myles Tierney Cornelius Vanderbil John J. Voorhees George W. Young Augustus Zabriskie Hornblower & Weeks, Bankers & Brokers Broadway West 43D Street State St Providence Newport Monroe St Hartford New Haven F. L. Babcock Reall Street Mab Industrial Savings and Loan Co Times the Audit Company OF Cedar Street Remachee Sclcsee Atlanta Rochester Edward T. Perine F. C. Richardson Sec Treas United States Trust Company Peter Otten Peter Otee Clinton Avenue Bronx U. 8 Pierre la Pierre Charles Head &Co Broad St Guardian Trust Company OF Frank W. Woolworth George W. Fairchild A. E G. Goodridge Lathrop C. Haynes Alfred M. Barrett Lamar Ross Pres St. Secretary Trust Generals Banking and Trust Eee Sett The Franklin Society Banking Department Vidice New York Realty Ownership New York Realty Owners Co Fifth Avenue T. T Joran Lahr Henry W. Sagazei Onrad Kienz Lahr Zrahr and Company Ted Joseph Lahr Conrad Kienz Seymour Peloubet Francis C. Hill Seymour Ss. Peloubet Fadda Port OF Para Port of Para Empire Trust Company Sal Bank B. H. Binder H. M. Gough United Cities Realty Corporation Herer Smith Kansas City Southern Railway R. B. Eperry American Locomotive CO Church Street T. Callaway American Tobacco Company J. H. W. Hicks NEW York and New Jersey Telephone Company Willoughby Street Ford Huntington National Butchers and Drovers Bank WM. H. Chase International B. W. Hyde Chas. T. Pfaltz Roome St Board of Directors MO. E. Hanifen H. J. Corbett Bec'y Nassau Street New Ork Frederics Oughtaling & CO Chambers St W. H. B. Totten George B. Dunning F.e.tener,jr Finance Comm S. E. Cor SAVIN James Quinlan Seone Dutcher R. J. Hampde Frarcis M. Bacon, Jr Ee Ag Ing E. T. Mason,& CO Greene Street Borough of Manhattan City of New York William Mason Henry J. Mason W. H. Mason New ‘York Lincoln Safe Deposit Co East 42d Street Borough of Manhattan William J. Murphy Cowperthwait Bedding Co Park Row WM. H. Ammerman, Jr GEO. C. Flint CO West 32d Street Ethelbert Belenap Empire Crust Company East Houston Street London, BD New Broad Street Undivided Guaranty Trust Company ‘of Nassau St Lombard St London, E. C John Walex J. Hemphill C. Harriman Max May Foreign Dept Istles George Garr Henry Hebbard Newton Tust Lewis B. Franklin Mgr. Bond Dept North River Savings Bank 34Th St Bet Samuel D. Styles Frederick N. Cheshire Charles F. Turton Union Square Savings Institution For the Savings of Merchants’ Clerks No. 20 Union Square Frank M. Hurlbut WM. H. Rockwood John Savings Bank Daniel Barnes George M. Halsey Union Dime Savings Institution 6Th Avenue Greeley Square Charis E. Sprague Francis M Leake William OG. Ross NEW York Savings Bank Mice William Fellinger James L. Wandling Archibald 3 Petz
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