Wall Street Rally Spurs Traders Amid Political News Buzz
The market bounced Saturday with hopes stocks would rise, though traders faced mixed sentiment and cautioned brokers. Reports circulated alleged private political letters as potential market drivers, while some firms shifted away from traditional time money allocations toward more call funds. A crop country observer noted optimism on bumper harvest prospects easing the panic memory, signaling possible enduring gains if crops stay strong.
Peace Compromise Ends Wabash Dispute in Finance Reorg
The Wabash Pittsburg Terminal dispute over bondholder representation is settled with two new members added to the Protective Committee. Crawford Clark of Clark Dodge & Co and Jackson of Curtis & Jackson join, giving a larger coalition including about 25 million of 29 million in gage bonds. George Gould’s influence appears reduced. further Wheeling Lake Er ie note financing is discussed with Blair Kuhn Loeb. George Gould arrives from Europe.
MENTIONED IN THIS ARTICLE
Wabash Pittsburg Terminal
First Mortgage
Clark, Dodge & Co
Mr. Jackson
Curtis & Jackson
Boston
Mr. Wallace
George P. Butler
Myron T. Herrick
Haley Fiske
Harry Bronner
Paul Morton
Gordon Abbott
Butler
Herrick
Fiske
Goulds
Lee, Higginson & Co
Mackay & Co
Wallace Committee
Wabash Pittsburg
Gould
Wallace
Wheeling & Lake Erie
Pittsburg
Wabash Railroad
Times
Wabash
Wheeling
Wheeling Organization
Pittsburg Terminal
Blair & Co
Kuhn, Loeb & Co
Harriman Roads
Harriman
George Gould
Europe
German Cutlery Firms Fail in Solingen Flood of Insolvencies
Cologne July 27 F W Rauh the largest cutlery maker of Solingen is insolvent following the Solinger Bank of Solingen failure declared bankrupted July 25 Rauhs agents exceed liabilities by 125000 dollars Another large firm Von Zur Gathen suspended Saturday and about forty more suspensions are expected in Solingen chiefly small firms The Solinger Bank debtors are insolvent with 1 000 000 of outstanding claims uncollectable.
MENTIONED IN THIS ARTICLE
Cologne
Solinger Bank
Passaic Steel assets ordered sold in foreclosure
United States Judge William M. Lanning Jory ruled that the Passaic Steel Company in Paterson must have its assets sold under foreclosure of the mortgage held by Citizens Trust Company as trustee of the 1902 bonds. Creditors with unsecured claims would maintain their current standing in any post sale distribution, after the sale.
MENTIONED IN THIS ARTICLE
New York Times
Trenton
N. J
United States
William M. Lanning Jory
Passaic Steel Company
Paterson
Citizen’s Trust Company
Colorado mining stocks quoted on Colorado Springs exchange
Quotations on the local exchange show bids and asks for several mines including Dante Isabella Elkton Portland El Paso Vindicator Rawlings Work and other listings with prices and percentages reflecting the day's trading activity. The fragmented report lists bid and ask figures such as Dante 67 Isabella 28 20% Elkton 58 58% Portland 86% 101 El Paso 34 89 Vindicator 81 831g Rawlings 10% 111!Work 8% a.
MENTIONED IN THIS ARTICLE
Colorado
Colorado Springs
Dante
Isabella
Elkton
Portland
el Paso
Vindicator
Rawlings
Work
Transatlantic Mining Stock Quotations From London Market
Quotations for American mining shares posted in London show figures for Camp Bird Esperanza El Oro and Stratton's Independence among others. Values listed include Camp Bird at 0 12 9 and El Oro at 0 13 9 with other prices obscured by OCR artifacts.
MENTIONED IN THIS ARTICLE
London
Camp Bird
Esperanza
Dolores
el Oro
Stratton’s
Ind
European Markets Hit by Cautious Trading and Mixed Signals
London money plentiful with steady discounts as the Continent takes the bulk of a 5 million dollar gold offering. Gilt-edged securities and home rails show weakness while consols rise in late trading. American stocks open higher then slip. Taft letters roil sentiment. Paris and Berlin markets close firm with higher prices and active tone.
MENTIONED IN THIS ARTICLE
London
Continent
Stock Exchange
William H. Taft
Republian
New York
Nde
European State and Municipal Securities Quoted
Yesterday's quotations listed for European state and municipal securities showing bid and offer levels for investors. The report highlights price ranges and notable yields across several issuers in the continent.
Boston Stock Market Active With Steady Local Prices
The Boston market remained steady despite a weaker New York tone. Quincy rose to 94, Mohawk to 63, Boston Consolidated to 14, and Adventure sold up to 8 as commissions stayed active and demand grew. The Lake lode is generally accepted for Adventure.
MENTIONED IN THIS ARTICLE
Boston
New York
Quincy
Mohawk
Boston Consolidated
Adventure
Lake Lode
Boston Weekly Statement of Associated National Banks
The weekly statement of the Associated National Banks of Boston follows. It reports on bank reserves, deposits, and gains for the week ending July 27, with details on cash in vaults and loans outstanding across member institutions.
MENTIONED IN THIS ARTICLE
New York Times
Boston
Associated National Banks of Boston
W Morse Leads New Wall Paper Concern Purchase
A syndicate including C W Morse and up state paper interests has bought the William Campbell Wall Paper Company of Hackensack New Jersey. The sale follows six years of financial trouble beginning with the founder's death and a receiver's involvement. George Tait John J McCabe will run the Hackensack plant from Glens Falls with officers named Murray Tait Kearney McCabe and Underwood among others. The deal ties Imperial Wall Paper and Schroon Paper to a large modern operation. further purchases are possible.
MENTIONED IN THIS ARTICLE
C. W. Morse
William Campbell
Imperial Wall Paper Company
Glens Falls
Schroon Pulp and Paper Company
Warrensburg
Hackensack
Wall Paper
George F. Underwood
International Paper Company
Vulley
Campbell Wallpaper Company
James H. Temple
John E. Dockendorff
Treasury
Temple
Hackensack Company
George Tait
John J. McCabe
Murray
Tait
H. F. Murray
Troy
William Kearney
New York
Brodie G. Highe
Sandy Hill
Fort Iedward
G. F. Lynch
W. H. Gelshenen
Guggenheim engineer Chester Beatty moves offices downtown
Chester Beatty long tied to Guggenheim mining work relocates from the City Investment Building to 71 Broadway. He will, like John Hays Hammond, remain connected to the Guggenheim interests as a consultant.
MENTIONED IN THIS ARTICLE
A. Chester Beatty
Guggenheim
City Investing
American Smelting and Refining Company
Broadway
John Hays Hammond
Guggenhelm Engineering
New York Incorporations List Adds Several Local Firms
Albany July 27. Elite Motor Service Company New York capital 100000. Directors William H Barnard Wills B Troy Hdmonds Putney. S L Parsons Co Inc New York printing capital 50000. Directors Seward L Parsons Rose J Zulzer Patrick J O'Brien. Cowden De Young Inc Yonkers contracting capital 20000. Bandana Land and Realty Company New York capital 10500. Directors Charles Buer Mann Auguste Buermann Michael Harris. Babylon Estates Brooklyn capital 10000. Directors Emmett F Newton Susan A Newton Charles Hanson. The Garrick Management New York theatricals capital 6000. Directors Florence Davis Ryan Walker Maud H Walker. Leonard Novelty Manufacturing Company New York capital 3600. Directors Samuel Gorlin Max Buslowitz Bernard Goldstein. Suc Dust Cleaner Company of New York Brooklyn capital 1800. Directors James Gray Miles Freeman Adelaide C Dieckman. Briggs Bituminous Composition Company New York capital 1000. Directors Andrew Baxter and Andrew Baxter Jr Aikmann Oge. Estates Administration Company of New York capital 500. Directors E rt S Clark Hoyt V Laighton A Harvey Page.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Elite Motor Service Company
New York
Capital
William H. Barnard
Howard Street
Wills B. Troy
West Seventieth Street
Hdmonds Putney
Rector Street
S. L. Parsons & Co., Inc
Seward L. Parsons
Douglaston
Rose J. Zulzer
East Fifth Street
Patrick J. O'Brien
Dean Street
Brooklyn
Cowden & de Young, Inc
Yonkers
Westchester County
William D. Kelley
Leonard de Young
Fred Rolfe
East Forty-second Street
Bandana Land and Realty Company
Charles Buermann
Auguste Buermann
Grand Street
Michael Harris
Washington, D. C
Babylon Estates
Emmett F. Newton
Susan A. Newton
Kosciusko Street
Charles Hanson
van Buren Street
The
Garrick Management
Florence Davis
Ryan Walker
Maud H. Walker
West Twenty-sixth Street
Leonard Novelty Manufacturing Company
Samuel Gorlin
Bayview Avenue
Jersey City
N. J
Max Buslowitz
Hinsdale Avenue
Bernard Goldstein
West
Suc-Dust “Cleaner Company of
James Gray
Fourteenth Street
Miles E. Freeman
Twelfth Street
Adelaide C. Dieckman
Ninth Street
Briggs Bituminous Composition Company
Andrew Baxter
Battery Place
Aikmann Oge
Jones Lane
Estates Administration Company of
Ert S. Clark
Park Row
Hoyt V. Laighton
Washington Avenue
A. Harvey Page
Fulton Street
Bond market sales and corporate reorganization notes
Kuhn Loeb Speyer and the National City Bank report 18 million dollars in Central Pacific bonds sold. Denver and Rio Grande transfers open today ahead of a July 31 dissolution into Denver and Rio Grande Railroad, forming a Colorado Utah consolidating company. Pages note executives Kingsley Porter Wollman Clews travel and vacation plans. Security listings requested include Reading Company bonds and Chicago St Paul Minneapolis Omaha additions, Rubber Goods transfer, and gold shipments to Canada totaling 1.55 million since last week.
MENTIONED IN THIS ARTICLE
J. B. Clews
Henry Clews & Co
Lancaster
The
Stock Exchange
Reading Company
Chicago, St. Paul, Minneapolis & Omaha Railway Company
Rubber Goods Manufacturing Company
Canada
Bank of Montreal
Bank of New York
Crucible Steel Co. of America
United States Steel Corp
Epochs Agricultural Chemical Co
Pra
Central Pacific Away. Co
Syracuse Lighting Co
Westingscuse Biec. & Hanig. Co
Christopher
10Th St. Ferry
R. R. Co
Albany& Susquehanna R. R. Co
American Sterling Co
Joseph Ladue Gold Mining Co
Union Typewriter Co
Hackensack Gas & Electric Co
Pittsburgh, Shawmut & Northern
Portland Gas Co
Provident. Loan Society
City of Lincoln Gas Co
Citizens
Central” National Bank
Mechanics’ National Bank
Southern Railway& Co. Devip
Genk
West Virginia Midland R.*r. Co
National Bank of
Jersey City
N. J
Norfolk & Western HK. R. Co
Lawyers’ Mortgage Co
Mortgage & Security Co
Southern Railway Co. Devip. & Genlatge
American Spirits Manfg. Co
Jones Street Realty Co
Metropolitan Surety ‘Co
New Stoctz
Natl Bank
State Telephone Co
P.c
River” Bank
Queens County Ferry Co
Importers & Traders’ Natl. Bank
United Breweries Co. of
Chicago
P. c
Pittsburgh, Westmoreland & Somerset R. R
Gala
R. M. Montgomery
Mobile
Jackson & Kansas City
R. Best
Mn. c. Bas
Central Trust Co
Ala
Indiana, Decatur & Western R. R
Central Fire Works Co. Common
Hamilton & Dayton R. R
Wabash R. R
Omaha
Brooklyn Ferry Co
Knickerbocker Trust
V. Ctr
Texas Bank & Trust Co
Galvestow
Texas
Johnstown
Gloversville
Kingsboro Horse R. R
Caysdutta Electric R. R. Co
Coal & Iron Natl. Bank
Harriman Plans Northwest Vacation and Dividend Closure
Wall Street reports E. H. Harriman will depart for an extended Northwest vacation Friday, while Union Pacific and Southern Pacific directors prepare to declare their regular dividends. Union Pacific offers 10 percent annual, Southern Pacific 6 percent, both quarterly. Harriman may be away about a month visiting properties. assets segregation plans were denied as near completion.
MENTIONED IN THIS ARTICLE
Wall Street
E. H. Harriman
Northwest
Union Pacific
Southern Pacific Lines
Southern Pacific
Harriman
New Jersey Firms Chartered In Trenton Today
Multiple New Jersey firms received charters with capitals ranging from fifty thousand to three hundred thousand dollars. Entities include Trades Supply Company Hoboken New York Face Brick Company and Union Investment and Contracting Company among others with real estate and brick manufacturing goals.
MENTIONED IN THIS ARTICLE
Trenton
N. J
The
Trades Supply Company
Newark
Capital
W. Schoenamsgruber
Lillian Schoenamsgruber
E. J. Yeati
Ocean County Realty Company
Tom’s River
H. M. Brune
F. H. Mills
B. F. Forham
American Land Company
Perth Amboy
N. Freedman
J. L. Klein
Nathan Roth
L. Kenny
Cummings Brothers
Camden
G.S
W. M. Cummings
W. H. Brennan
Evans Realty Company
Howard P. Sherman
M. Evans
E. E. Evans
Marlborough
Rahway
H. Wardesty
J. E. Hardesty
Samuel A. Clark
New York
Appointment to assist in revising Dingley tariff schedules
Marion De Vries the president of the United States General Appraisers designates Thomas J. Doherty as a representative of the board to aid Serena E Payne and the Ways and Means Committee in the preliminary work revising the Dingley tariff schedules.
MENTIONED IN THIS ARTICLE
Marion de Vries
Board of
United States General Appraisers
Thomas J. Doherty
Treasury
Serena E. Payne
Ways and Means Committee
House of Representatives
Deaths Fall 3 1/2 Percent in City Last Week
Health Commissioner Darlington reports the city’s death rate for the fourth week of July dropped by over three and a half percent from the same week last year. Last week 18.50 per 1000 with 1,566 deaths, down from 22.05 per 1000 and 1,811 deaths in 1907. Children under five totaled 739 deaths, down from 949 in the prior July. The Summer Dare of Babies conference notes progress in infant disease deaths.
MENTIONED IN THIS ARTICLE
Darlington
W. H. .Llew
Youthful operator hurled from human roulette wheel injures man
William Vandervoost age 21 of 164 Main Street East Orange New Jersey was taken to S R Smith Infirmary on Staten Island after being thrown from a human roulette wheel at South Beach. He suffered serious injuries and is a telephone operator.
MENTIONED IN THIS ARTICLE
William Vandervoost
Main Street
East Orange
N. J
S. R. Smith
Staten Island
South Beach
Vandervoost
Newport schoolship visit praised by Plymouth consul
Joseph G. Stephens American Consul at Plymouth England sent congratulations to President Egerton L Winthrop Jr of the Board of Education on the new nautical schoolship Newport. He commends the disciplined crew and cadets as the ship sails toward Gibraltar after its Plymouth visit.
MENTIONED IN THIS ARTICLE
Egerton L.winthrop, Jr
Board of Education
Joseph G. Stephens
Plymouth
England
Stephens
Newport
Gibraltar
Raid at Coliseum Club Ahead of Boxing Bout
Police burst into the Coliseum Athletic Club on Second Avenue and 127th Street just before a six round bout between Bill Parke and Sailor Burke. Timekeeper R. L. Goldwood and referee James Bagley were arrested along with others. Parke and Burke bailed for Harlem Court appearance.
MENTIONED IN THIS ARTICLE
Coliseum Athletic Club
Second Avenue
127Th Street
Bill" Parke
Sailor " Burke
Harry Phillips
Ben Franklin
Capt. Walsh
R. L. Goldwood
James Bagley
Harlem Court
TENDERS FOR BAIE DES CHALEURS RAILWAY PURCHASE
Sealed tenders for buying the Baie des Chaleurs Railway from Metapedia to Caplin plus all rolling stock and franchises will be received by the Registrar Exchequer Court of Canada in Ottawa until noon September 9 1908. Tenders on printed forms obtainable through Messrs Caegrain Mitchell & Surveyor Montreal with information on the railway. L A AUDETTE Registrar Exchequer Court of Canada dated June 10 1908. Public notice follows about unclaimed funds in the Mutual Bank of New York and various individuals with amounts listed. TO LET banking offices in Atlantic Building 49 Wall St for $3000 per year.
MENTIONED IN THIS ARTICLE
Atlantic & Lake Superior Railway
Caplin
Paspebiac
Bonaventure
P. Q
Atlantic, Quebec & Western Railway
Registrar of the Exchequer Court of Canada
Ottawa
Messrs. Casgrain, Mitchell & Surveyor
Canada Life Building
Advocates
Montreal
L. A
Audette
Exchequer Court of Canada
Baie Des Chaleurs
Metapedia
Intercolonial Railway
Ont
Messrs. Caegrain, Mitchell & Surveyor
L A. Audette
Fire Department
City of New York
Sixty-seventh Street
Borough of Manhattan
Borough of Richmond
Engine Company No. 206
Broadway
Prospect Street
West New Brighton
Borough of
Richmond
Nicholas J. Hayes
Regular Auction of Stocks and Bonds at Vesey Street Sale
Adrian H. Muller & Son conduct a regular auction of stocks and bonds on Wednesday July 29 1908 at the Halgh Salesroom Vesey Street. Securities listed include United States Steel Crucible Steel and many railroad and bank issues along with real estate and trust notes. Proceeds to account of various executors and estates.
MENTIONED IN THIS ARTICLE
Andrew J. Piecon
Adrian H. Muller & Son
William
HAL Gh
Vesey Street
Illinois Central declares 3 1 2 percent semi annual dividend
The Illinois Central Railroad Company Board declares a regular semi annual dividend of three and one half percent in cash. The dividend is payable September 1 1908 to holders of capital stock as registered at the close of business Monday August 3 1908. Stock transfer books close 2 PM Monday August 8 1908 and reopen morning of Thursday August 13 1908. A G Hackstaff secretary New York July 71 1908.
MENTIONED IN THIS ARTICLE
Ilinois Central Railroad Company
Board of Directors
Illinois Central Railroad Company
A. G. Hackstaff
New York
American Gas and Electric Company
Frank Jr. Ball
Merican Bank
New
J. F. Frederichs
Pacific Bank
Broadway
Merwien
National Rice Milling Company
National Rice Miking Company
Prudential Building
Broad Street
Newark
New Jersey
Lynch
N.J
CHARLES #8. BELLOWS COMPANY
William Street
Borough of Manhattan
City of New York
A. Ainsworth Smith
Also Mentioned on This Page
New York Exchange
Vance
TN Wabash
Ter
Minal
Tee
Financ
Ing
Wheeling & Lake
Erie
Passaic Steel
Judge Lanning
San Francisco
Justice Seweees
Kentucky
Belcher
Best & Belcher
Sy Occidental
Caledonia
Isi Ovetmar
Potosi
Savage
Sag Belcher
Con
Cal & Va
Sierra Nevada
Imperial Tae
St. Louis
Crown Point
Gould & Curry
Utah
Hale & Norcross
Julia Creer
Tonopah
Jumbo
Belmont
Lone “Star
Jim Butler
McNamara
Midway
Red Hills
Montana
St. Ives
West Ind
Adams
Atlanta
Blue Bell
Ieee Ce
Montgomery Mtn
Astray Meretess
Bullé
Steinwang
Diamondfield Tees
Goldfield C. M
Tollows
Taft
Paris
Exchange
Berlin
Foreign Public Securities
Consol
Bavarian Creameet Bbs
Seatenance
Hessian
Saxony
Hamburg
City of
Munich
Augsburg
Vienna
N. Xi
Lon
South, Pacific
Union Pacific Iest
Boston & Albany
Gee & Maine
West. End
West End
Ag. Chem. Pf
Woolen
Edison Seee
Elec
Mergenthaler Weicess
N. E
Pullman
N. EB. Cot
Reece Awe
Union C. L. & M
United Shoe
United Shoe Ptop
United Fruit Rights
U. S. Stee
U. S. Steel of
Eae Los
Amalgamated
Allouez Face
Arcadian
Arizona
Atlantic
Bingham
Boston & Corbin
Asta
Butte Coalition
Cal & Ariz
Seeeeer
Cal & Hecla
Centennial
Mercur Eawree
Daly-West Em Eeesenas
Elm River
Franklin Eeeeereeere
Granby
Essees OL
Greene-Cananea Cine LL
Isle Royale
Seevees
la Salle Besweeeenee
Ceee
Ereseee
Mexico
Michigan
Ceeneee
Seeeeteas
Mont Ce
Seeerees Ory
Seers Ereeeres
Quincy Ay
Rhode Island
Eeereeesere OL
Santa Eee Renee
Shannon
Superior Copper
Eereereeeset
Tamarac Seweeeeeesens
Trinity Iit
S. Sees
Winona
Wyandotte
Bank Statement
W. Morse
NEW Wall Paper
Handa
A. C. Beatty
U. P
S. P
Incorporated
New York City
Willard W William H. Nichols
Langley W. Wiggin
Park Terrell
Mgr. Bond Dept
John D. Barrett
Johnson & Higgins
Samuel G. Bayne
Seaboard Nat. Bank
Robert S. Bradley
Am. Agricultural Chemical Co
Frederick H. Eaton
Am. Car and Foundry Co
James M. Gifford
Gifford, Hobbs & Beard
Henry Goldman
Goldman, Sachs & Co
A. B. Hepburn
Chase Nat'l Bank
C. H. Huttig
Third Nat'l Bank
Willard V. King
John R. McGinley
Pittsburgh
Charles F. Mathewson
Harmon & Mathewson
William H
Nichols
General Chemical Co
Augustus G. Paiye
New York and Penn
WM. R. Peters
Peters, White & Co
Clarence W. Seamans
Hermann Siplcken
Crossman & Stelcken
Lincoln Trust Company
Fifth Avenue, New York
Lispenard ST
Alexander S. Webb, JR
Abram M. Hyatt
Owen Ward
Breckenridge Carroll
Joseph Z. Bfay
Horace FP
Pour
Asst
Treas
George C. Boldt
George C. Clark
Robert E. Dowling
Edward Holbrook
Bradish Johnson
Clarence H. Kelsey Morton F. Platt William Salomon
Baymar Sands
Louis Stern
Samuel D. Styles
Frank Tilford
William Follinger
Edward P. Hatch
George Leask
Robert Goblet
Arthur Iselin Alexander 8. Webb, JR
Isaac N. Seligma
W. D. Lancey Kountzb
John P. Munn, M.D
James Quinlan Irving Fe, Raymond
WM. G. Conklin Stuart Duncan Owen Ward
Samuel V. Hopfman
Atlantic & Lake Sa- Sale Ofperior Railway
Mutual Bank of New York
Enrich Mfg. Co
William Glasgow
Joseph Kenny
John Maher
M. McKenna
J. Small
C. W. Cranshaw
George A. Moulton
Lambert Typewriter Co
William Miles
State of New York
County of New York
Hugh N. Kirkland
Robt. R. Greeason
Notary Public
N. Y. Co
Atlantic Building
Wall St
H. P. Wenig
Care Guardian Trust Co
B’way
SAN Carlos Mining CO
Gerold & Banfield
N. Y
Manhattan
Theseer
City Record
Department OF Docks and Ferries
Pier A
28Th
36Th Streets
Pier “A
City Record Department OF Docks and Ferries
Rivera
Home Ins? CO
SALF
R. G. Allyn. Tel
Sea
New Orleans Great Northern Railroad Cos
Fisk & Rubenson
Cedar
LA France Copper Company
France Copper Company
Frederick Eckstein
New_York
U. 3 Army
Whitehall Street
N.Y
Washington
A. L. Smith
Alc.g
U. S. Army
West Point
N Y
Seale
U. S
Army
Copartnership Notices
Edward A. Price
Fred. Butterfield & Co
Prince
Fred, Butterfield & Co
Borough of Mattan
Petera_B. Worrall
Frank I, Worrall
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