This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 21 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Jun 07, 1907
Page
13
In a jittery start to the trading day optimism spread through several houses before the first bell. Traders chased cotton, grain, and rail news while Alton stock moves showed mixed signals with a 10 percent dividend doubt for Interborough, and discussions in Washington on a trust busting plan looming over the market.
The cotton market opened higher with near months posting new highs but reversed to close barely steady and down 4 to 8 points. Dealers, especially prominent local traders in the South West, sold heavy in the final hour as prices hit session lows amid sales around 550,000 bales. Southern spot markets showed mixed strength with Galveston and New Orleans firmer while Norfolk and St Louis held steady.
Outside securities report United Copper gains from 61 to 64 on 2100 shares amid light trading and short-covering pressure. Davis Daly climbs to about 12 percent after opening slight loss, Greene Cananea holds near 14 percent with 2000 shares traded. market wide activity centers on several issues as prices close.
Copper slipped from earlier gains with spot at £7 108 and £1 12s 64, while futures ended at £94. Pig iron prices eased to £186 18s spot and £183 Se futures. Lead held at £20, Spelter at £24 10s, iron warrants weak. NYMEX quotes contrasted with the previous day.
June 6 Albany reports reveal Flower City Hotel Rochester to take over Powers Hotel with $500000 capital. Directors include J C Powers A J Warner and W M New York. Numerous New York based companies list capitals from $5 000 to $250000 with assorted directors and local synergies.
European markets show firmer discounts but deferred demand as liquidated stocks dampen early gains. Paris and London notes reflect Russia and seamen strike fears with American issues sliding before New York open. Bank of England holds 4 percent. Bombay discount rises to 7 percent amid tightening liquidity.
Money on call on the Stock Exchange shows loans at 2 percent, with last deals at 2 percent and time money quoted up to 8 percent for sixty days. Mercantile paper rates range from 5 to 6 percent for sixty to ninety days. Clearing House reports exchanges at 262.5 million and a debt balance of 13.25 million. local banks show a loss of 4.308 million since Friday. Sterling exchange remains strong with nominal 60 day at 4.84 and demand around 4.87. Various foreign and domestic exchange quotes are listed for francs, reichsmarks, and guilders across centers.
Bar silver traded in London at 90 18 164 per ounce and in New York at serse per ounce. Mexican dollars were valued at 1 dollar each.
London yesterday reported closing prices for American mining stocks with odd listings and references to dividends. The report mentions Manchester and Manhattan with special dividends, and notes activity in trusts and rubber stocks with various values and locations in the United States.
Fragmentary text from a New Jersey filing lists incorporators and capital for Charm Oil Company of Trenton and The Cluster or Realty Company. Names include Kern, Lee, Meyer Forchis, Shapiro, Hell, and Eager along with others. Details are incomplete, but indicate incorporation activity and capital figures.
Report in Wall Street says Morgan interests plan to discharge the receiver and lease the Cincinnati Hamilton Dayton to Chesapeake and Ohio and Erie railroads. Erie to gain traffic and reach into Ohio Indiana Illinois towns. negotiations denied by a Dayton director. Plan hinges on noteholder securities and Pere Marquette settlement as prep for final disposition.
The Union Exchange Bank report lists assets and liabilities as of June 4 1907 including loans and discounts, cash items, and reserves. It shows capital stock 750 0000 and surplus 450 0000 with undivided profits and amounts due to depositors and brokers, plus accrued interest and taxes reserved.
Yorkville Bank figures for 4th 1907 show loans investments and estate values totaling 4,855,903.53 in assets with liabilities of 4,855,993.53. Capital 100,000 with surplus 200,000 and profits 107,878.68. deposits 4,840,201.00. Officers listed include A Van Remde president and R H Adams vice president with others as vice president, cashier, and assistant cashier.
National Bank reports from First National Bank of Richmond Virginia dated May 20 show total resources of 8,874,819.59 dollars. Deputy Purcell Pie and Jno M Mia Jr assist the cashiers while the institution lists asset figures and deposits.
The report lists resources including discounts due from banks and trust companies, funds from reserve depositories, cash items, and estimated accrued interest. Liabilities include capital stock paid in, surplus, undivided profits, and deposits from trust companies and brokers.
Morgan interests and Pere Marquette minority stockholders continued talks on rehabilitating the railroad finances and removing receiver Judson Harmon. Negotiators cited legal points delaying final terms, with four to five days needed to close an agreement. Harmon attended the talks as receiver for both Cincinnati, Hamilton & Day and the Pere Marquette.
Judge EB H Gary of United States Steel says May business cannot be definitively stated until the directors meet on the last Tuesday of the month after quarter end. He notes May earnings will be set by the Controller and Finance Committee, then released to the press, and cautions against premature conclusions.
Interborough Metropolitan Company announced a regular quarterly dividend of 14 percent on its preferred stock. The payment is due July 1 to holders of record June 1, and the market reacted with an advance in Interborough shares as the move ended rumors of a suspension.
Proposals for the purchase of $200,000 Memphis water bonds are invited by the City Clerk. Bonds in $1000 denominations date May 1 1903 mature 30 years, 4 percent interest semiannual. Bid must be for full amount with $6000 certified check. awards to highest responsible bidder with right to reject any bid.
Sealed proposals for subsistence stores in New York City for July 1907, with duplicate bids, are due June 14 1907 addressed to D L Brainerd Lieut Col U S Army. Also sealed proposals for ash and rubbish removal at Ellis Island due June 10 1907 and building a frame boat house at Fort Wadsworth due June 15 1907. West Point calls for sealed bids in triplicate for two slow sand filters due June 10 1907. Forms at quarters and specifications on application.
Official certificate from the New York Secretary of State dissolving Stirling Export Company, a domestic corporation, filed May 20, 1907. Document issued in duplicate certifying voluntary dissolution under state law. Witnessed by the Secretary of State with seal.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.