Strength in Steel stocks guides cautious Wall Street outlook
Analysts credit a strong tone in Steel shares as a main market influence with anticipated business upturn and steady sentiment. Traders note 41 in Steel common and a 149 area for Union Pacific amid varied block sales, while professionals push marked up stocks to spur buying.
MENTIONED IN THIS ARTICLE
Steel Corporation
Injunction Raised on D. T. & J. Notes
Judge Blanchard dissolved a prior injunction blocking sale of $1,208,000 notes backed by the United States Mortgage and Trust Company. Sale set for 11:30 today at the Exchange Salesroom unless new court action delays it. Ramsey Committee may attempt another move to block the sale by securing a loan to pay off the notes and gain control of the issue.
MENTIONED IN THIS ARTICLE
Blanchard
Supreme Court
Ramsey Committee
Detroit
Toledo & Ironton
Hollins
United States Mortgage and Trust Company
Kleybolte & Co
Xchange
Blanchara
Detroit, Toledo & Ironton
Ann Arbor
Chemical Co Earnings Decline in Virginia Carolina Year Report
Virginia Carolina Chemical Company reports year ended May 31 net earnings of 3,527,420, down 497,402 from last year. Total charges 1,043,973 and preferred dividends 1,440,000 leave a year end surplus of 1,085,458, with prior surplus bringing total to 7,881,848. Southern Cotton Oil, its subsidiary, shows fiscal year net earnings 526,607 after 547,713 in operating expenses for repairs and improvements.
MENTIONED IN THIS ARTICLE
Virginia-Carolina Chemical Company
Southern Cotton Oil Company
Virginia- Carolina Chemical Company
George W Perkins Acting Chairman of Finance Board
George W Perkins formerly chairman of the Finance Committee of United States Steel will serve as Acting Chairman during Judge E H Gary’s absence abroad. The announcement was made yesterday in Garys Place.
MENTIONED IN THIS ARTICLE
George W. Perkins
Gary’s
United States Steel Corporation
E. H. Gary
Diamond Match notes largely sold as public offerings near completion
Vendors of the Diamond Match Company announce that almost the entire issue of 000,000 5 per cent short term notes has been sold. The $500,000 one year and $500,000 two year lots were disposed of a day after offer. Books of American Steel Foundries Company close July 15 for the transfer of command preferred stock and deposits of certificates under the plan approved by stockholders.
MENTIONED IN THIS ARTICLE
Diamond Match Company
American Steel Foundries
Command
Guaranty Trust Comen
Bread St
New York
B. B. Sperry
Schwab Sees Steady Steel Outlook After Europe Trip
Charles M. Schwab, president of Bethlehem Steel, returned from Europe and told reporters in New York that conditions are more encouraging than at any time since the depression began. He expects gradual improvement, not a sensational upturn, and plans quarterly reports in place of yearly ones.
MENTIONED IN THIS ARTICLE
Charles M. Schwab
Pethlehem Steel Corporation
Europe
Loretto
Penn
Broadway
International Steel Trust
Mr. Schwab
Bethlehem Stes} Corporation
Claflin Company Reports Bottom in Prices With Prospects
John Claflin president of the new Claflin Company states in a semi annual shareholder statement that commercial prices may have touched bottom in June and will improve in autumn. He notes retail trade has largely cleared surplus stocks and expects rising wholesale activity. The June 30 balance sheet shows a nominal six month loss of 7 436 with 2 178 107 cash on hand and a 1 770 058 surplus reserve after half year dividends.
MENTIONED IN THIS ARTICLE
John Claflin
New Claflin Company
Great Northern tax ruling yields partial victory
Great Northern Railway officials called the Minnesota court decision a partial victory and generally satisfactory. The ruling upheld 3 percent taxes on earnings for old Minnesota lines but denied the rate for new lines. An appeal by the railroad or the state of Minnesota may follow depending on line classification and significance.
MENTIONED IN THIS ARTICLE
Great Northern Railway
Minnesota
Great Northern
New York
Blauvelt فتحs foreclosure on Passaic Steel mortgage
Judge Cross of the U S Circuit Court orders William D Blauvelt as trustee to commence foreclosure on a 2 500 000 mortgage against Passaic Steel Company. Receivers to be defendants. argument set later on appointing New Jersey Court of Chancery receivers to replace current ones.
MENTIONED IN THIS ARTICLE
Trenton
N. J
European Markets Report Amid Holiday Trading
London markets show abundant money and firm discounts with Americans at 1.4 to 2.4 percent. Gold availability totals 3.75 million dollars as foreigners and Kaffirs stay dull due to Paris holiday. American securities firm in forenoon. later Canadian Pacific rises. bar silver at 24.5 per ounce. Paris market holiday. Berlin trading quiet but prices firm.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Paris
Union Pacific
Southern Pacific
Atchison, Topeka,& Santa Fe
Canadian Pacific
New York
Mining Stocks in London Quotations
The London market yesterday quoted American mining stocks with values for Camp Bird Esperante Avenue Tomboy Dolores El Oro and Stratton's Ind. Prices shown as 6. de, 130, 176, 1020, 268, and 0 1 6 respectively.
MENTIONED IN THIS ARTICLE
London
Camp Bird
Esperante
Dolores
el Oro
Stratton’s
Cotton market opens steady but weak on expectations
The cotton market opened steady with a 2 to 4 point decline and showed weakness as new crop positions fell 12 to 16 points amid disappointing cables and crop prospects. Traders awaited definite crop-tes ting evidence while southern spot markets held steady to lower, and local prices closed little changed in a quiet session.
MENTIONED IN THIS ARTICLE
Atlantic States
Texas
Petliiary
Steyssessee
Gulf
Galveston
Mobile
Baltimore
St. Louis
Houston
Little Rock
New Orleans
Memphis
Attempted fraud case rocks Indianapolis clerk's office
Eugene F. McDonald, 26, tied to Co operative Realty of Louisville, waived examination after being charged with attempting a $10,000 fraud on Adams Express. He allegedly registered a package claimed worth 10000 that later burned with explosives inside. McDonald was arrested in Louisville yesterday.
MENTIONED IN THIS ARTICLE
Indianapolis
Ind
Eugene F. McDonald
Co-operative Realty Company
Louisville
Police Securit
Adams Express Company
McDonald
Mining stock quotations erased for today in San Francisco
San Francisco dated July 13 reports the official erasing quotations for mining stocks as compiled today. The brief note lists changes in prices and market movements across the sector without detailing individual company figures.
MENTIONED IN THIS ARTICLE
San Francisco
Wheat Market Sees Demand Rise Amid Dry North Dakota Weather
Dry weather in North Dakota spurs early wheat demand at opening, with reports of 25 to 50 percent damage fueling extreme estimates. Market climbs as Kansas City and St Louis show strong movement, while corn turns dull despite sharp wheat gains. No. 2 corn quoted around 52 1/2 to 53 cents, with mixed futures and rising visible supply.
MENTIONED IN THIS ARTICLE
North Dakota
Minneapolis
Kansas City
St.Louis
Chicago
Liverpool
Aim
Ste
Auction Sale of Stocks and Bonds by Muller's Firm
Andrew J. McCormack, auctioneer, conducts a trust bankruptcy sale by Adrian H. Muller & Son on Wednesday July 15 1908 at Trinity Church New York City. Readied items include Virginia Carolina Chemical Co National Biscuit Co United States Steel Corp and various railroad and insurance securities with numerous bonds and notes listed for account of whom it may concern.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Regelar
Adrian H. Muller & Son
U Exchassui
Vesey
Virginia-Carolina Chemical Co
National Biscuit Co
South Nm
United States Steel Corp
Corporation of the Chamber of Commerce
Cincinnati
Das
Irenton R. R. Co
Trinity Church
New York City
Miami R. R
Penn
United R. R
New Jersey
American Coal Co
Alleghany Co
Conston Coal Cal
New Jerss
Wand Tovement Co
the Insurance Press
Ctf
Shes
Sue
Dallas & West R. RR
Kan
Texas R. R
Chris & St. Louis R. R
Texas & Okla
BR. R. Ist
Natio
Niagara Fire Insurance Co
Importers & Tre
Nat'l Bank
Oklahoma Central By Co
Colorado Coal & Iron Develop. Co
Terminal Association of
Market & Fulton Nat'l Bank
Charles E. Sholes Co
New York Life Ins & Trust Co
National Surety Co
van Norten Trust Co
Twelfth Ward Bank
Southern Rwy
St. Louis
Nat
Finks Manly. Co
Union Typewriter Co
Carnegie Trust. Co
Lincoln Trust Co
New
Nat'l Bank of
Jersey City
Detroit
Toledo & Ironton
P. O
Tenders Open for Baie des Chaleurs Railway Sale
Sealed tenders for the purchase of the Baie des Chaleurs Railway from Metamedia to Caplin Bonaventure P Q including rolling stock and franchises will be received by the Registrar Exchequer Court of Canada in Ottawa until noon September 9 1900s The sale forms and information are available from Casgrain Mitchell Surveyor Montreal Adv. L A Audettee Registrar Exchequer Court of Canada dated June 10 1909 Also notices for the Atlantic Leake Superior Railway tender and Greenwich Savings Bank four percent deposits are listed with similar contact details and dates.
MENTIONED IN THIS ARTICLE
Baie Des Chaleurs
Metamedia
Intercolonial Railway
Caplin
Bonaventure
P. Q
Fex
Lquer Court of Canada
Ottawa
Ont
Messrs. Casgrain, Mitchell & Surveyor
Canaanife
Advocates
Montreal
L. A. Audette
Foxchequer Court of Canada
Atlantic & Leake Superior Railway
Cap
Paspebiac
Asnaventure
Atlantic, Quebec & Western Railway
Exchequer Cut of Canada
Canad
L. A. Audettee
Egistrar Exchequer Court of Canada
Board of Water Supply
The
Board
Broadway
New York
Catskill
Hudson River
Esopus Creek
Olive
Morbletown
Ulster County
John
A. Brensel
Charles N. Chadwick
Charles A. Shaw
Charles A. Shaw, Commissioners of the Board of Water Supply
J. Waldo Smith
Thomas Hassett
Dividends Declared by Multiple Early 1900s Firms
Notices announce quarterly dividends and payment dates for preferred and common stock from firms including Kansas City Southern Railway International Steam Pump Company American Telephone and Telegraph Ramsay Somervell Drew The South Buffalo Railway The Stobart Graves Company and related city offices. Also details on transfer books, record dates, and distribution procedures in New York.
MENTIONED IN THIS ARTICLE
South Buffalo Railway Company
Rector Street
New York
F.craham
Also Mentioned on This Page
Wall Street
Character of
Union -Pacific
Mgmor
Union Pacifico
Pittsburg
Virginia-Carolina
Financial Notes
Schwab A Steel Optimist
Claflin Company Report
Road
Pasaic Steel Co
Berlin
Lon Ys
N.Y
Atchison Esi
Mt Pau
Erie
Illinois Centra
Louis. & Nash
Ye ‘Central
Pennsylvania
Alpha Com
Seesees
Kentucky
Andes
Eeeweere Ie
Wees of Belcher
Serees
Rest & Belcher
Rewee
Builion
Ophir
Calefonia
Overman Challenge
E‘of
Potosi
Chollar
Sig Belcher
Nevada
Cal
Town Point
Gould & Curry
Utah
Hale & ON
Orcross
Trifield_C. M wits TONOPAH
Wd Belmont
Sendai Bao Eapra
Jim Butler
Star of Og
Wtawk
AY McNamara
Veesees Seers
Montana
Iessapas
Montgomery
Chicago, Milwaukee & St. Paul
Wisconsin & Minn
Div
Jackson & Curtis
Nassau St
Congress St
Boston
U. S
Army Building
N. Y
Long Rock
Harbor
Echo Bay
Ledge Rock
Bronx River
John G. D. Knight
Engrs
Grain and Provisions
Sectare A2
Park
Ewes
Stephen Baker
Bank of the Manhattan Co
Blair & Co
Samuel G. Bayne
George. W. Pesgrins
Seabord National Bank
J. P. Morgan & Co
Edwin M. Bulkley
William J. Porter
Spencer Trask & Co
Pres Chemical National Bank
N. TY
James G
Corn Exchange Bank
National On Bank
Frederick T. Haskell
Edward Townsend
Ill
Trust & N Av. Bank
Importers& Tradera Nat. Bank
Barton Hepbern
Albert H. Wiggex
Chase National Bank
Chase Nat. Bank
Thomas W. Lamont
Samuel Woolverton
Mallatin National Bank
Gates W. McGarrah
Edward F. C
Weete P
John BD. Barrett
Johnson & Higgins
Seaboard Nat. Bank
Roberty S. Bradley
Am. Agricultural Chemical Co
Frederick H. Eaton
Am. Car and Foundry Co
James M. Gifford
Gifford, Holts & Beard
Henry Goldman
Goldman, Sachs & Co
A. B. Hepburn
Sati Bank
Chase “It
C.H. Huttig
Third Nating
Willard V
John R. McGinley
Pittsburgh
Charles F. Mathewson
Harmon & Mathewson
William H. Nick Jls
General Chemical Co
Augustus G. Pane
New York and Penn. Co
WM. R
Peters, Peters
Wilte & Co
Clarence W. Seamans
Hermann ST
LCKEN
Crossman& Stelezen
Arthur Turnbull
Post & Flags- Bankers
Arthur G. Yates
Buffalo
Rochester & Pitts
Fifth Avenue Trust Company
Fifth Avenue
43D Street
Atlantic & Lake Superior Railway
Greenwich Savings Bank
6Th Ave
16Th St
J. HA Franc
Ue 10
James Quinlan
le One
Dutcher
Treas
M. Bacon, Jr
New York Realty Owners Co
Fifth AV
F. W. Haubner
East 14Th St
Wall Street Journal
Franklin
Montague St
Brooklyn
Broadway Manhattan
Edwin Packard Darwin R. James Wiliam H Wallace Joseph E. Brown
Albro J. Newton Crowell Hadden H.E Pierrepont
George M. Olott
George H. Southard
Robert B Woodward Stewart L
Woodford Gorge
Executive
Edwin S. Marston
William H. Wallace
George H. Prentiss
Robert B. Woodward
Charles A. Peabody
Arthur King Wood
Edwin S. Merston
Gates D. Fahnestock
George H. Southard, Jr
Edward S. Harkness George Frederick Victor William B Lane
M. D
William Allen Butler, Jr
Hugh D. Auchinciosa
Moses Taylor
Pyr, Charles A. Peabody
Charles J, Peabody Arthur King Wood
Clinton W. Ludlum
Frederick W Richt
Henry C. Low, Jr
Thornton Gerrish
Kansas City Southern Railway
International Steam Pump CO
International Steam -Pump Company
Nathan Fleischer
American. Telephone and Telegraph Company
Ramsay-Somerv
L-Drew Company
Ramsay-Somervell-Drew Company
Strauss & Anderson
Borough of
Manhattan
City of New York
Chas. S.somervelt
Sifred LE Moynie Drew
Frede. BE. Anderson
Stobart Graves Company
City of
Seleck
W. Stron
Porter Department
Mulberry Street
Borough of Manhattan
Police Department of
Idaerock A
Queens
Hedde Mme A. Pingham
Borough of Manrhattan
Po- Hce
Central Department
Greenwich Street
Cortlandt Street
Washington Street
Theodore A. Bingham
Department OF Parks
Arvena’ Building
Sixtyfourth Street
Borardh
Bronx
Henry Smith
Joseph T. Berpe
Michael J K. Mery
T ‘Conmissione
Rs of
Pacis
Arsenal Building
Pitt Avene
Fourth Street
Parlsqard
Nerengh
Henry
Rex
JOSH F _ TEI Y
Micharel
J. . Kennedy
Mulberry Sureet
Newark
City
Theodore A. Pingham
Fire Department
Sixty-seventh Street
Department OF Docks and Ferries
City Hall
Fortieth Street
Ports-second Street
Thirty-second Street
First Avenue
John Cloughen
Department OF Park
Statyfourth Street
Park Board
Lelham Parkway
Williamsbridge Road
Eastchester Row
the Bronx
Ctty
Joseph I. Berry
Michael J. Kennedy
Department. OF
Bixty
Horough
New York Public Library
Astor, Lenox
Tilden
Fortieth
Forty-second Streets
Joseph J. Berry
Commissioners of Parks
Department OF Parks ‘Arsenal
Sixty- Fourth Street
Burrough
Ciy
Ie Piepartment
Parks
den Park
Sixty-fourth Street
City Record
Joseph
John Lot 'Ghen
Park’ Bow
Dmatr
Ste Press
He Bisekwehl
Cevenson
Immi Sider
Beidges
Ofrrika
Department of
Per Poersugh
Henry Smp
Josep I. Lerry Michael J. Xhennedy
Department OF Bridges
Park How
J. W. Stevenson
SS — Ome Department .of
Rocky and Ferries
Eee Place