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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jul 15, 1908

Page

9

Wall Street Ends on Bullish Note With Late Rally

Stocks ended the day with a late surge as Steel common touched 42 and Union Pacific and Amalgamated Copper drew attention. Rumors of a largeBlock trader and speculative chatter about a potential Southern markets shift colored floor activity, while Delaware & Hudson 7 1/2 per cent bonds were offered to the public at 97 1/4.

Steel Common Union Pacific Amalgamated Copper Delaware & Hudson Ublic Pennsylvania

Short Term Notes Bid and Asked Prices at Market Close

The listing shows bids and prices for principal short term notes including Amer Tel and Tel five percent Jan 1910, Atlantic Coast Line March 1910, Ches and Ohio 6 percent July 1910, Chicago and Wabash etc. The data includes par values and bid prices with several entries for Interborough and other rail lines along with mileage figures for various rail systems such as Colorado and Southern Georgia Southern and Florida and Louisville and Nashville and Minneapolis and St Louis and Rio Grande Southern and Southern Railway.

Amer. Tel Tel Coast Line Ches Ohio Chi. & W. Ind St. L R. T Kan City South Aes Lackawanna Steel Meh N.Y Certial Ie Fo Norf. & W Jay Penn. R. R Public Service Mem S. E Mamie Beaboard Air Line Receiver L.E Colorado & Soupee System Georgia Southern & Florida Iowa Centror Louisville & Nashville Minneapolis & ST. Louis Southern Railway

Banks Prepare for National Currency Group Formation

New York State Bankers' Association groups 1 and 8 in Hudson River counties move toward a National Currency Association under the Aldrich Vreeland law. Circulation sent to banks urges resolutions to join, awaiting Washington approval of articles of association. Some banks in New York City and Buffalo districts have already acted, while others insist withdrawal rights be preserved.

New York State Bankers’ Association Aldrich-Vreeland Bradford Rhodes Hudson River New York City Albany Westchester Dutchess Rockland Ulster First National Bank of Mamaroneck Rhodes Currency Association National Currency Association Buffalo State Bankers’ Association New York State Washington Treasury Department

Little Board Floor Trader Fails

W R Grimwood of 83 Water Street suspended yesterday for failure to meet contracts. He has traded as a floor trader since May 18 1993 and is not a member of any firm. The failure had no market impact.

Little Board W. R. Grimwood Water Street Consolidated Stock Exchange

European Markets Resume Firm Tone as Discounts Ease

London July 14 money plentiful and market firm on balance with home rails weaker on low dividends. Consols and high yielding securities gain on cheap money while American securities firm on bullish Wall Street. Canadian Pacific strong early then weak on realizations. market finishes dull. Berlin trading quiet and prices weak on Boerse.

London The Stock Exchange Wall Street Canadian Pacific New York Southern Pacific Union Pacific United States Steel Berlin

Mining stock quotes from London market yesterday

Quotations for American mining stocks listed in London show Camp Bird Esperanza Tomboy Dolores El Oro Stratton’s Ino with prices around 15 to 16 and yields near 1% to 2% amid a muted trading session.

London Ae Oe Camp Bird Esperanza Ecee Dolores el Oro

Grain and Provisions Wheat and Corn Market Movements

Liverpool maintained a selling move amid rising wheat arrivals with Winter stocks at 819000 bushels and primary markets at 533000, while a moderate late rally emerged. Rain needed across Spring wheat belt. world stocks fell 2.779 million bushels for the week. In New York cash wheat No 2 red brought 94% to 99 1/4 cents, No 1 Northern Duluth 125 1/2, No 2 hard Winter 108 1/2. Corn showed a narrow, weak tone with favorable weather. No 2 corn at 82 1/2 to 84 cents in New York and at 82 1/4 cents FOB.

Liverpool New York Duluth

Pittsburg Exchange Closing Quotations Report

Special to The New York Times from Pittsburg on July 14 lists the day’s local exchange closing quotations. The report records bid ask ranges and notable price moves among listed securities transacted on the Pittsburg Exchange.

Pittsburg New York Times

Coffee Market Records Two-Day Idle Spell

The coffee market shows two consecutive days with no sales until near the close. Total receipts reached 5,000 bags at Rio while Havre and Hamburg closed higher, Santos steady, and Rio prices up 75 reis. July 1909 contracts comprised 1,000 of the 7,750 bags sold as Brazilian holiday reduced activity.

Havre Hamburg Rio Santos

Chicago market shows midsummer buoyancy with steady bids

July trading highlights Commonwealth Edison at 105, Diamond Match near 132, and Illinois Brick around 82 as volumes hold. Sears Roebuck and Metropolitan Elevated advance modestly while several issues post fractional gains and declines with total clearings around 41.15 million.

New York Times Chicago Commonwealth Edison Illinois Virago Telehone Illinois Brick Metropolitan Elevated Quaker Oars Fie Ste * Oey Sears-Roebuck Pf Street 6Wift & Co United Box Board of

Copper and metals close lower on spot and futures

Copper declined 3s from Monday with spot at £57 10s and futures £58 2s 6d. Pig tin unchanged at £130 2s 6d spot and £181 28 4d futures. Lead edged higher to £12 17s 6d and spelter strong at £10. Closing NYME spot bids and asks show copper and metals trading with slight shifts from Tuesday to Monday.

New York Metal Exchange

Stock Exchange Produce Dept clears mixed sales data

The principal transactions in the stock department of the Produce Exchange yesterday show opening highs and lows with last prices listed for Branch Mint shares, as traders executed varied sales across sessions.

the Produce Exchange

Notes Sale Delayed As Ramsey Committee Pledges Control

The $1,208,000 Detroit Toledo & Western notes secured by a US Mortgage trust were not sold after injunction lifting. Ramsey Committee, claiming a majority stake and pledges totaling about $3.2 million, says sale may proceed and plans to press for six Ramsey directors at the Ann Arbor stockholders meeting.

Detroit, Toledo &Ronton United States Mortgage and Trust Company Blanchard Ramsey Committee Hollins Amseur ‘Committee Ann Arbor Michigan

Treasury funds and reserves report figures

Washington on July 14 reports the Treasury’s Reserve Fund at 159 million in gold and bullion. Trust funds to redeem outstanding certificates total 917.3 million, with silver dollars and general fund balances listed. Deposits in National banks amount to 625 million and current liabilities register 151.4 million. The Philippine Treasury awaiting reimbursement stands at 48.7 million.

Es Ee Generali Fund Coseeeveses E.eeeseee

Colorado mining stocks close on Colorado Springs exchange

Closing quotations on the local exchange show Dante at 0.67, Isabella 0.28, Elktones 0.56 and 0.65, Portland 1.00 to 1.02, Paso 0.32 to 0.64, Vindicator 0.50 to 0.83, Rawhings 0.10 to 0.11, and Work 0.08 to 0.09.

New York Times Colorado Springs Col Dante Isabella Elktones Portland Paso Vindicator

Financial notes from the stock exchange report

West Lyon Co begins business at 115 Broadway as a fresh firm. July reports will detail railway earnings filed with the Inter-State Commerce Commission. Wabash Pittsburg Terminal first mortgage bondholders amend deposit agreements and file with Central Trust Co and Old Colony Trust Co. The Hand-Boost of Securities issue provides monthly price ranges to July 2 for stocks and bonds across major exchanges plus six year histories and Boston Philadelphia prices.

Central Trust Company of New York Old Colony Trust Company Commercial and Financial Chronicle Boston Philadlphia Baltimore Chicago Pittsburg New York Stock Exchange Philadelphia

Auction Sale Terms for Rudolph Kleyholte & Co Property

Auctioneers Andrew J. McCormack and Adrian H. Muller & Son offer sale for account of whom may concern with a $15,000 cash or certified check deposit. For the winning bidder 10% extra cash and the balance due next day sold at No. 8 Wilfem Street New York. Details cover collateral notes and underwriting agreements tied to Detroit Toledo Ironton Railway and United States Mortgage and Trust Company.

City’ of New York Wilfem Street New York Clearing House Rudolph Kleybolte & Company United States Rudolph Kleyhholte & Company Rudolph “Kleyholte & Company Detroit, Toledo & Ironton Railway Company Rudolph Kleyholte & Company United States Mortgage and Trust Company

Partnership Formed for Banking and Brokerage Firm in New York

New York July 15 1908 announces a new copartnership VLIT LYON CO to handle general banking and brokerage at 115 Broadway with Nelson Veit Walter Lyon and others listed as members. The Davis Clothing Co partners Maurice Davis H Schneiderman dissolve that business and transfer assets to Davis Clothing Co under Neivterman Bros service.

New York P Copartnership Vlit, Lyon ‘© CO Broadway, New York Nelson Veit New York Stock Exchange Walter Lyon J. Thecus Miends New York Cotton. Exchange William Bouldin, JR Davis Clothing CO Maurice Davis H. Schneiderman SCY Neivterman Bros

Sealed Proposals For Immigrant Station Scow Service 1908

Sealed proposals in duplicate due July 20 1908 at the office of the Commissioner of Immigration New York Harbor to furnish scow service to remove ashes and rubbish from the United States Immigrant Station for the fiscal year ending June 30 1900. Details from Robert Watchorn U S Engineer Office Army Building New York June 18 1908. Also sealed bids for removing Long Rock in Ezho Bay and ledge rock in Bronx River will be received until 12 M July 17 1908 with information on application John G D Knight Col Engra.

Commissioner of Immigration E's Island New York Harbor United States Robert Watchorn U. S Army Building New York N. Y Long Rock Ezho Bay Board of Water Supply Board Broadway New_York Catskill Aqueduct Studson River Esopus Creek Olive Marbletown Ulster County John A. Bensel Charles N. Chadwick Charles A. Shaw J. Waldo Smith Thomas Hassett Borough of Manhattan City Hall City of New York City Hal Fifth Avenue Fortisth Street Forty-secom Street Ami Twenty-eixth Street First Avenue East Hiver Fifth Street Second Avenue Third Avenue Thirty-second Street East River John Cloughen Borough of Manhattan Department OF Parks Arsenal Building Sixtyfourth Street Park Board Theew York Public Library Astor, Lenox Tilden Fortieth Forty-second Streets Henry Smth Joseph I. Gerry Michael J. Kennedy Commissioners of Parks Police Department Mulberry Street Central Department Greapwich Street Cortlandt Street Nes Greenwich Street Washington Street Theodore .A. Bingham Office THE Beorough Bronx New York Zoolutical Park Bronx Park Henry Smith

Property addresses listed for branch and Paris office

A set of property addresses appears, including 16 18 20 and 22 William Street, a Branch Office at 475 Fifth Avenue New York, and Paris 41 Boulevard Haussmann. The fragmented OCR reads as a list of locations likely tied to offices or filings.

William Street Fifth Avenue New York

Bond Proposals Sought for Navigation and Erie Railroad Funds

Sealed bids to Fidelity Trust Company Philadelphia for six percent first mortgage bonds of International Navigation Company and Erie and Pittsburgh Railroad Company. Sinking fund investments of 250000 dollars planned. bids due July 17, 1908 by noon. Trustee to pay coupons August 1. interest ceases then. Also Erie bonds bid deadline July 16, 1908 by 3 PM at Union Trust Company New York.

Fidelity Trust Company Chestnut St Philadelphia International Navigation Company New York R. Ellis New Orleans City and Lake Railroad Company Columbia Finance and Trust Company Busines Lewisville Kentucky Consolidated First Coluys 4 Trus?p Company Erie and Pittsburgh Railroad Company Erif, Penna Union Trust Company of Broadway Union Trust Company

Tenders for Atlantic and Lake Superior Railway sale

Tenders for purchase of the Atlantic and Lake Superior Railway from Caplin to Paspeblac in Bonaventure Quebec, including all rolling stock and franchises, are due by noon on the Sunday of September at the Exchequer Court Registrar in Ottawa. Forms and terms available from Caktgrain Mitchell & Surveyor Life Building Montreal. Dated June 10, 1908.

Baie Des Chaleurs Metapedia Intercolonial Railway Caplin Bonaventure P.Q Registrar of the Exchequer Court of Canada Ottawa Casgrain, Mitchell &Surveyor Canada Advocates Montreal P. Q Gill L. A. Audette Exchequer Court of Canada Atlantic & Lake Superior Railway Paspeblac Atlantic, Quebec & Western Railway Ottaawa Messrs. Caktgrain, Mitchell & Surveyor Life Building, Advocates Sia A. Audett Menavacs Court of Cana

Baltimore & Ohio declares 6 percent dividend mix

The Baltimore and Ohio Railroad announces a dividend from six months ending June 30 1908. Two percent on Preferred Stock and three percent on Common Stock will be paid September 1 1908 to holders of record August 1 1908. Transfer books remain open.

Baltimore & Ohio Railroad Co Baltimore, Md Co. W. "Woolford

Various Stock Dividends and City Bids in New York 1908

Multiple notices show semi annual dividends declared by Home Insurance Company Milwaukee Electric Light Company Monat on Realty Investing Corporation and others with record dates in July 1908. City bids include parks, library approach work, and Bronx Zoological Park construction with deadlines July 30 1908 and July 21 1908.

Cedar Street Tener New York Monaton Realty Investing Corporation B. J. McCormack

Stock and Bond Auction of 1908 Bankruptcy Estate

Trustees in bankruptcy sell diverse securities at the Exchange Salesroom 14 and 6 Vesey Street New York July 15 1908 include Virginia Carelian Chemical Co National Misc Co Southern Railway United States Steel and many railroad and trust company notes. Proceeds benefit the Chamber of Commerce building fund and various executors trusts.

Exchange Vesey Street Kansas City Penn United RR. R New Jersey Americal Coal Co Alleghany Co Corsotiietian Coal Co New Jersey Land Improvement Co Insurance Press the Insurance BP Dallas &Wace Kun, & Texes 4Th National Bank Niagera Fire Imvporto Rs & Tiste Dentitt Ry. Hy Cok Coroal & Iron Develop. Co Termipsi Assumption of St. Louis Aly c Adams Coli Trust Rees Dekota & Great Southern R. TL Tron Steamboat Co Markerz& Falteen Sarl Benk Charles FE. Skols Co New York Life Ins. & Trust Co Pfa Carnecie Trust Co Linecoln Trust Co New Jersey City Detroit Toledo & Ironton Federal Publishing Co 12Th Ward Bank van Norden Trust Co Carnegie Trust Co

Also Mentioned on This Page

Financial District South Southland East Delaware & Hudson New Fours Issy Lake Shore Coul Stig Shawy Nat Lisseult Lisseult. 85% 86% Vd L. Co B. Pf R. R Ann A. Pf N & Ace St K Co Pitt C. Pt Ry St Sp Rens & Ss Peter Sero Tutland Pf Chi C. It L Enews I S Enee U. Ry Ally Cc. M. of Rys Toa M Ss. R. Gen R & Ss T P. Pf I. -F. Exp P. Wes le Iowa Cent West Iowa Oo Pt Neise Kan. & M Ist Pride Association St. Paul Aes Erie Cons O Erie Ill. Central Dee Louis. & Nash Shy N. Y. Central Pacific Rsoyre Union Pacific My Bee E Steel Sl Steel Grain and Provisions Stocksales Crucible Steel Eener Eweeeres Walker R. ‘Pt Brew Light & Heat Trille Copper Pittsburg Brewing Pitts Pittsburg Coal Union Switch Pitts McK. & C Metal Market Reports Produce Exchange D. T Ramsey the Treasury Balances Treasury Reserve Fund Colorado Financial Notes Andrew J. McCormack Adrian H. Muller Copartnership Notices the Farmers’ Loan and Trust Company Bishopsgate St Paris Boulevard Brooklyn Trust Company Montague St Bedford Ave Fulton St Wall St William A. Jamis Frank Lyman Willis L. Onden Joseph EF. Owens John J. Pierrepo Charles M. Pratt Theodore F. Miller Davie George G. Reynolds Charlies A. Schieren Edward M. Shepard J. H. Walbridge Alexander M. White Willis D. Wood Enman Nassau Street Travellers Letters WheelingsLaksche Columbia Trust Company Frederick J. Lisman Willard Y. King Sidney C. Borg Evans R Howard WM. G. Edinburg Broad Bt Paskus, Cohen, Lavelle Gordon Aabush Pittsburg Terminal Railway Company J. N. Wallace Paul Morton Halwy Ksa Harry Bronner Myron T. Heinrich Gordon Agbott Committee Franklin JS Babcock NEW Orleans City and Lake Railroad Company Bonds Boanktet Beekman St Wall Street Journal S. A Andrew Cooke Norman W. Harris Frederic A. Karrar William C. McMillan Allen B. Forbes Isaac Sprague Commercial Trust Company of New Jersey Commercial Trust Company of Exchange Place Registrar and Transfer Company Michigan State Telephone Remnney Frederick A. Farra Philip H. McMillan Isnac Sprague the Home Insurance Company Milwaukee Light Eee Broad Street Silas W. Burt Wells, Takgo & Company W. Zimmermann New York & Honduras Rosario Mining Co Ernest Schernikow Joseph I. Berry Department OF Docks and Ferries Battery Place Pier ‘'A Battery Pisce Ets J. Ms Annes Isabel S. Stone Howard M. Jum Lewis Jahason & Company Washingon, D Greenwich Savings Bank E. Cour Rts LY James Quinlan Aheaae Treas'y J. Ham Francis M. Racon Jr
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