Freight rate debate lingers on Wall Street trading
In a day of mixed sentiment on Wall Street traders focused on the freight rate question with hopes for higher earnings. Bloomberg related mentions of Consolidated Gas and bonds show cautious optimism while some see signs of broader recovery through improving collections and a better fall outlook.
Finances of the City Under State Inquiry
A legislative committee will investigate New York City finances starting September. The panel will study the Controller's office and the Sinking Fund Commission to determine assets and liabilities and reform the bookkeeping system. It will also review the issuance of special revenue bonds and related contracts. An injunction dispute involving Mayor McClellan and Controller Metz was adjourned.
MENTIONED IN THIS ARTICLE
Murray Hill Hotel
Owen Cassidy
Schuyler
Edwin A. Merritt, Jr
Assembly
Wrren I. Lee
Brooklyn
Martin Saxe
New York
Patrick H. McCarren
Kings
William M. Bennet
James Oliver
George M. Palmer
Schoharie
Palmer
Sinking Fund Commission
Saxe
Metz
David Meyer
McClellan
Supreme Court
Erlanger
American Shipbuilding Drops After Dividend. Quaker Oats Slumps
In Chicago on July 17, American Shipbuilding fell to 41 after touching 42 percent, while Quaker Oats traded at 124 percent. Other stocks were roughly steady, but exchange activity was quieter. Bradstreet's weekly failures totaled 258 in the United States, with most firms having capital under $5,000 and a broad regional spread.
MENTIONED IN THIS ARTICLE
Chicago
American Can
Bay
American Shipbuilding
Amer
Shipbuilding Ne
Booth & Co
Chicago Pneu. Tool
Cae
Chicago Telephone
Edison
Cmnois
National Biscuit Pf
National Garden
People’s Gas
Quaker Outs
Street’s Stable Car
Street’s Stable Car Pt
Drie Pentti A
United Boxboard
Western Stone
Bradstreet
United States
Middle States
New England
Southern
Western
Northwestern
Far West
Canada
Cleveland Bank Assigns After Run on Vault
The Farmers and Merchants' Banking Company at 3837 West Twenty fifth Street failed to open as a run drained its vault. A deed of assignment placed Ed ward S. Putney as receiver in insolvency court. Capital was 100000 dollars with assets and liabilities around 300000 each. Securities not realized yet may pay all depositors in full.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Farmers and Merchants’ Banking Company
West
Mining Stock Closings and Exchange Transactions
The New York Times reports closing quotations for mining stocks with numerous listings across Western mines and districts. Prices show varied yields from Belcher and Tonopah to Goldfield and Crown Point, alongside silver bars and Mexican dollars. The Colorado Springs exchange lists local bids and asks with Isabella, Elkton, and Portland influences noted.
MENTIONED IN THIS ARTICLE
PAN Ethca
Hildnesses —Co
Justice
Eeu Emee
Kentucky
Anders
Lady
Wash
Geneee Best & Belcher
Belcher
Occidental
Galedonia
Wees OF Overman
Iid
Potos
Oye
ROYOT
Savaro
Sale Satel
Confidence
Sag Belcher
Con
Cal
Toi
Sierra Nevada
Imperial
St. Louis
Crown-Point
Uniton Cong Sa Higet Gould & Curry
Hale & Norcro
Yellow Jacket
Tonopah
Gollfield
Mines
Jit Butler
McNgnara
Lone Star
Csv
Sandstorm
Cwewesg
St. Ives
Dante
Isabella Was
Elkton
Portland
el Paso
Rawlings
Capital Surplus and Profits Reported with Key Figures
The financial snippet lists capital, surplus, undivided profits, circulation, and deposits with amounts including 9,089,291.15 in deposits and 1,212,489.48 in another line. Signatories include E. F. C. Young as president, Geo. T. Smith as vice president, and E. Edwards as cashier.
MENTIONED IN THIS ARTICLE
E. F. C. Young
Geo. T. Smith
E. Edwards
Brooklyn Banks Report Financials for July 1908
National Brooklyn reports loans and investments from other banks and cash reserves totaling 8.56 million. Capital stock remains 000.00 with surplus and profits 4.29. Deposits amount to 8.56 million, led by President Alex D. Seymour and vice presidents Andrew D. Baird J. Henry Dick with J. C. Nightingale as cashier.
MENTIONED IN THIS ARTICLE
First National Bank
Jersey City
N. J
Ee Brooklyn
Ey National Brooklyn
N. Y
Ae Oe Rces
Liar Iiite S. Capital
Alex. D. Seymour
Andrew D Baird
J. Henry Dick
J. C. Nightingalre
Condensed Financial Statement of The Mercantile National Bank
The document presents a detailed loan and deposit balance sheet for The Mercantile National Bank, listing assets such as loans and discounts, bonds, reserves, and cash items, along with liabilities including deposits, notes, and certificates. It shows figures for capital, surplus, undivided profits, and the state of national banknotes outstanding, with signatures from the cashier and directors validating the sworn statement.
MENTIONED IN THIS ARTICLE
United States
Ings
Secerees United States
State of
New York
F. Werner
B. F. Werner
E. D. Junior
Kings County
New York County
G. Vintschger
Jas. E. Nichols
MO. H. Seed
U. S
SRNR
State of New York
Walter F. Albl
Rtsen
Walter F. Albertsen
Arthur W. McKay
Neary
Castiler
Pealee
de Posits
Hionds
Securities
Eetecs
Deepos
Market and Fulton Resources From Bank Ledger
Ledger-like summary lists loans and investments with amounts due from banks and bankers, clearing house exchanges, and banking house cash and reserve. Captures capital stock surplus and profits regulation values. Names A Gilbert president R A Barker vice president T J Stevens cashier J H Carr assistant cashier.
MENTIONED IN THIS ARTICLE
River National Bank
New York
U. S
S. Gieceveress
Bankers
Clearing House Exchanges Banking House
A. Gilbert
R. A. Barker
T. J. Stevens
Also Mentioned on This Page
Wall Street
McCrea
The
Pennsylvania
Hill
Consolidated Gas Strong
Consolidated Gas
United States Supreme Court
Court of Last Resort
Legislative Committee
Chicago Stock Market
New York Times
Cleveland Bank
Run
San Francisco
NEW Jersey Banks
Havana Electric Railway Co
Broadway
H. Kraemer
United States Trust Company
Peter Otten
Clinton Avenue
Bronx
New York City
Franklin
Albro J. Newton Crowell
Hadden
H. E. Pierrepont
George M. Olcott George H. Southard
Robert B. Woodward
Stewart L. Woodford
George H. Prentiss
Henry C. Hulbert Gates D. Fahnestock
William G. Low Lowell M. Palmer Charles J. Peabody
Francis M Jencks
Montague St
Broadway Manhattan
Edward S. Harkness
George Frederick
Victor William B. Lane, M. D
William Allen Butler, Jr
Hugh D. Auchincloss
Moses Taylor Pyne
Charles A. Peabody
Edwin S. Marston
Arthur King Wood
Executive
William H. Wallace
Gates D. Fahnestock
George H. Southard, Jr
Charles J. Peabody Arthur King Wood
Clinton W. Ludlum
Frederick W. Richt
Henry C. Low, Jr
Thornton Gerrish
Baltimore City
Baltimore
City Hall
General Assembly of
Maryland
City of
City Register
Clearing ‘House Bank
Clearing House Bank
Board of Commissioners of Finance
Wabash Pittsburg Terminal Railway Company
Central Trust Company
NEW York and Old Colony Trust Company
J. N. Wallace
Paul Morton
Haley Fiske
Harry Bronner
Myrone T. Herrick
Gordon Abbott
Geo. P. Butler
Committee
Henry A. Crosby
Pine St
Greenwich Savings Bank
S. E. Cor
6Th Ave
16Th St
James Quinlan
Charles M. Dutcher
Treas’r
J. Hampden Robb
Macratarion
Francis M. Bacon, Jr
Lincoln National Bank
Total
County of New York
Chas
Elliot Warren
HY. W. Rossiter
T J. Adle
Thos. L. James
Mechanics’ Nat. Bank
Comircrs
Uae
U. S&s
National Banks
AKEMS
Wwe Eee
VU. S
Hanover National Bank
Laws
County of
Frank O. Roe
Thea Sau
C. E. Langdon
A. A. Raven
Dan’l Barnes
G. W. McGarrah
Sherman National Bank
Coir Powe
FEROS
Eee
PFT
PCK Ose Ae Yeet
Bae Ne
Agia Cahat
Charles G. Colyer
WM. E. Dobbin
Pwight A. Jones
Irwin H - Cornell
WM. H. Maclay
Report OF the East
IL & E. Newell
Z. E. Newell
S. A. Swart
Westchester County
Clerk's and Register’ S Office
Francis B. Griffin
P. Chauncey Anderson
Vincent Loeser
Tremsutor Oo
Elmer F. Whittaker
Elmer FE. Whittaker
John C. Ryer
James.m. Ponald
William Barbour
William DE F. Haynes
Conditi
Mercantile National
Tall la
Soo
Emil Klein
Albert B. Cory
Atlert
William H. Taylor
E. T. Jeffery
Willis G. Nash
Philadelphia National Bank
Philadelphia
Cokdt
National Copper “Bank
Pwesov
Boima Ccconscuesenses Boe
U. S. de
Bpecia
Circul M
U.S
Posits
Lawful Money Reserve
Gepostic
George R. Sheldon
H. O. Havemeyer, JR
National Bank OF Commerce IN
Pew
Necoon Ra
T Bmc Ca
TU. S
NIA
SAS
J. Neilson Olcott
Neilson Olcott
E. Mortimer Boyle
OEE
Ali Morton
Adrian Iselin, JR
John Claflin
National Park Bank
Bank
Esraty of
Ewer
M. Hoever
Uay US
Otto Walter
Kings Co
Geo
Fred'k Vietor
W. Rockhill Potts
Aetna National Bank
A. S
U. S.treas Urer
Bnee
J. Dennison
Ward W. Smith
N. Y. Ca
WM. Hills
Horace BR. Hanson
Henry Dunkar
Merchants National Bank OF the City OF
Neark
L. S. Bomis
SOTTO
Archis
Sears
Bankers Exchanges
Gesuerpemas
Acme
Mwamy
Joseph
Byrne
Joseph Byrne
Thomas Fairservis
Correst
Joseph W. Harriman
George Zarriskif
Zoheth S. Freeman
the Market
Fulton
National Bank
Resources
Theo A
Tool
Heitizens. Ldnational of Newth
Busi
Bonds
Entral Tank
Edwin S. Sclience
Albion K. Chapman
Fesse M. Smith
Jas. McAllister, Jr
W. M. Haines
Filce
Bilis Ts
Ellis Island
Robert Watchers