Financial Markets Close Mixed After Hepburn Tax Talk
Stocks fluctuated with a late dip after an early advance as traders weighed Hepburn's proposed stock transaction tax and its potential impact on Wall Street. Union Pacific rose then slid, copper shares weakened, and money market rates held firm despite a small decline in the overall market. Bank liquidity and federal deposits showed slow retreat as circulation rose to a new high.
MENTIONED IN THIS ARTICLE
Financial
House of Representatives
Hepburn
Washington
Stock Exchange
Wall Street
Congress
Southern Pacific
Union Pacific
Granby
Calendar for Today Dividends Payable and Meetings
Calendar listing today events with dividends payable and annual meetings for Borden's Condensed Milk Co. Corn Products Refining Co. Chestnut Hill Railroad Philadelphia Germantown Norristown Railroad Cutler-Williams Co. New York Mail and Newspaper Transportation Co. St Marys Mineral Land Co Staten Island Land Co Washington New Orleans Telephone Co
MENTIONED IN THIS ARTICLE
Borden's Condensed Milk Co
Corn Products Refining Co
Chestnut Hill Railroad
Philadelphia, Germantown
Norristown Railroad
Cutler-Williams Co
New York Mail and Newspaper Transportation Co
St. Mary's Mineral Land Co
Staten
Falane Land Co
Washington & New Orleans Telephone Co
Money and Exchange Rates in Stock Market Activity
Money on call loans ranged from 1% to 2 percent with most loans at 1% to 1.5 percent. Time money offered 3% for sixty days and 4% for ninety days. shorter terms at 8%. four to six months at 4.2 percent. Mercantile paper quoted 4.5 to 6 percent for four to six months. Clearing House shows exchanges $277,687,080 and balances $1,794,118. Local banks reported a $1,081,000 loss since Friday, compared with $5,776,090 the prior week. Sterling exchange firm around $4.867 to $4.871 with various sixty-day and cable quotes. Continental bills listed for francs, reichsmark, guilders with discounts and premiums noted. Exchange rates by city show mixed discounts and premiums for New York, Boston, Chicago, St. Paul, St. Louis, New Orleans, and San Francisco.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile
Clearing House
Treasury
Sterling Exchange
Reichsmark
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Silver Quotation Report From London and New York
Bar silver was quoted in London at 59-16d per ounce and in New York at ansec per ounce. Mexican dollars were 4714.
MENTIONED IN THIS ARTICLE
London
New York
Boston Stock Market Opens Steady Amid Light Early Trade
The Boston market opened steady with light early volume. North Putte and Amalgamated gained about a point as the active list showed little overall change. Bonds section noted.
MENTIONED IN THIS ARTICLE
New York Times
Boston
North Putte
Amalgamated
New York Stock Exchange Trading Snapshot March 3 1908
Market activity at the New York Exchange shows mixed results with total sales for March 3, 1908 and year-to-date figures. The page lists numerous price quotes across securities with varied gains and losses in 1908 compared to the prior year, including per-share metrics and 100-share lot references.
MENTIONED IN THIS ARTICLE
Correspondiz
Bed Ee Ieeee
Outside Securities Spark Fades as Gold Stocks Boom
Early trading showed strength but momentum faded as the session progressed. Nevada gold shares, led by Goldfield Consolidated trading around 63, with volume notable, spurred a small boom while copper stocks like Butte Coalition declined from an opening around 20 to 19.34, followed by weaker overall activity and scattered highs and lows in the main list of exterior market transactions.
MENTIONED IN THIS ARTICLE
Nevada
Goldfield Consolidated
Butte Coaltion
Bay State Gas
Serene
Brooklyn Ferry
Boston
British Col Coppers
Tug Butte Coalition Trace
Butte-New York
Ecee- 1855
Central Foundry
Chicago Subway
Cumberland- Ely
Davis-Dalysete
Ak Dominion Copper
Ely Cantral
Ceesesss
Goldfield
Con
Specceves Ow
Gold Hill
Greene-Canansm
Greene-Gold
Greene
Guggenheim Bexplor
Havana Tobacco
Cove
International Salt
Manhattan Transit
Mines Co
America
Mitchell Mining
Nevada Copper
Nevada-Utah
United Copper
Transactions in bonds and stocks on New York Exchange
The New York Stock Exchange report for Tuesday shows active trading in bonds and equities with listings across Consols Harvester Manhat tan and Chicago industrials. Prices for blue chip names, railroads, and mining stocks are recorded with varied highs and lows.
Dividend Decision Shapes Granby Mining Payout
The Granby Consolidated Mining Smelting and Power Company Limited declares a quarterly dividend of 2 percent plus 1 percent extra, after delaying since August. Directors noting mine closures in Canada due to copper district issues led to the pause, with operations resuming post December.
MENTIONED IN THIS ARTICLE
Granby Consolidated Eee
Granby Cosolidatea Mining, Smelting and Power Company, Limited
Copper
Canada
Grain and Provisions Prices Jump on Northwest Supply Fears
Special to The New York Times reports a small panic over Northwest grain supplies with nearly 3 cent bushel jumps. Minneapolis stocks fell 225,000 bushels in three days as London and European markets moved. New York cash wheat closed higher with No. 2 red at 1.04% elevator and 1.05% FOB. Corn prices rose on bad Western roads with No. 2 corn at 0.59% FOB and related quotes.
MENTIONED IN THIS ARTICLE
Northwest
Minneapolis
Liverpool
Antwerp
Berlin
Budapest
New York
Northern
Duluth
Coffee Market Sinks as Speculation Dries Up
The market was very quiet with only 6 250 bags traded. Prices drifted minorly lower mid-session then steadied toward a dull close. Spot activity remained quiet, futures showed strength but investor demand was checked by liquidation fears and overall cautious sentiment.
MENTIONED IN THIS ARTICLE
Havre
Hamburg
Closing quotations on Colorado Springs Exchange
Special to The New York Times reports the day's closing quotations on the local Exchange in Colorado Springs Colorado with bids and asked prices for several tickers such as Gold Dollar Dr Jackpot Portland and Findlay among others. The list shows varied bids and asks including Johnson Dante El Paso K and N and Isabella with small percentage differentials.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Col
Ake Acacia
Portland
AH Findlay
Johnson
McKinney
Dante
Tsue Wae
el Paso
Isabella
Bikton
Vindicator
Market Slump Extends in Baltimore Stocks and Bonds
The New York Times reports continued market weakness in Baltimore. Western Maryland common declines half point while Mount Vernon Woodberry Cotton Duck 5s drop one point and United Railways 4s fall half point. Funding 5s slip half point as bonds trade around 34 thousand dollars value.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Maryland
Mount Vernon
United Railways
Seaboard
United Rys
United Rys. Inc
Northern Central
United Railway
Western
Ee Bank
Trading Dims in Leigh Valley and Steel Stocks
The Philadelphia market shows Leigh Valley trading feature with buying and selling leaving the Street nonplussed. Reading leads the list and United States Steel common shows activity, but overall turnover is light at 19 554 shares.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
Leigh Valley
Reading
United States Steel Common
Also Mentioned on This Page
Spencer Trask & Co
William and Pine Sts
New York Stock Exchange
John ML
Pine St
Nrce & CO
Letters OF Credit
Munroe & CO
Rue Scribe
Paris
Beech Creek BR. R
Hl. R. i
St. L
Clever Sick
Pittsburg
Penn
Erie
R. Morris & Fesex
WWF
Pitts
Melecare
Hake Shore
Jo. Dill
Kidde
Wali St
Kounsze Brevears
Broadway
Cedar St
New
New York City
Shee Moffat & White
Nassau Street
Fisk & Robinson
United States Bonds Investment Securities
Edison Elec
Hi’g
N. Y
Northwestern Gas Lt
St. Mary's
Toledo
Wells-Fargo
Texas Company
Safety Car
Hesting & Lighting
Trow
Frederic H. Hatch
United States
Broad
Broad St
Ever & CO
Tel
Wall St
Hanover
Bankers
Arew
York
American Brake Shoe
Beech Creek
Bethlehem Steel P. M
Borden’s
United Lead
United Bank Note
McEcargel & Co
Rector
Atlantic Mutual
Taylor, Smith & Evans
Wall
American Tron and Steel
Union Exchange Bank Aurora, Elgin & Chicago
Chicago Edison
Buffa O & Susquehanna
Siegel, Heilner& CO
N. W. Halsey & CO
Bankers Bonds
Halil Sizgral
Common Century Building
Preferred Realty Associates
Babcock & Wilcox Company
Yale & Towne Manufacturing Company
Willard & CO. Tel
Broad Stat
N. N.Y
L. B. Wilson
DR. M. Ferguson
L. B. Wilson & CO
Consolidated Stock Exchange of
N.Y
BAY State Gas S
Thomas Reinhardt
Exchange
Money and Exchange
Consolidated Exchange
Salas
T. Frishy
Ratt. & Ship
Brooklyn R. T
Pacific
Hes. & Ohio
Central
Pennsylvania
Rep. Steel Pl
Rock Island
GSO Bi
Steel
Silat
GOD
Diamondfield
THO Vy
Goldsfield Con
Saaf’d Daisy
Hale & Nore
Montgom
Mt. Qyr
Orm -Red Hill
Boston Stock Market
Am. Tel
Bo &Q
N.H
Boston Suburban
Boston & Maine
Boston & Maine Pee. van
Boston & Worcester PE
Fitchburg Pf. Seeees
Mass. Electric
Seee
N. Myteas H. & Ties
Old Colony
West End
New England
Western Tel
Western Tel. ‘Miscellaneot S
Agrl Cheimtcal
An. Agri. Chem. Pf
Pneu, Bervice
Am. Sugar Ref
American Woolen
Edison
Genéral Electrical
Ae Enee
Mass
Jae
Seeiae
Mergentheler Wanvere
Pullman Vik
Swift & Co
Torrington
Fee
United Fruit Ne
United Shoe Mac
Shoe Fachine Pf
U. S. Steel
Aliouez
Arcadian
Arizona Comal
Atlantic
Butte Coetion
Cal
Arizona
Cal & Hoecla
Cesee
Daly-West Waves
Greene- Cananea
Isle Royale
la Salle
de Pas
Hhexico
Michigan
Mohawk Inis
Montana Coal & SaRe
Old -Dominion
Quincy
Santa Fe
Shannon
Tamarac
Trinity
Ae Das
Ok S. Smelting
Odyav
United Copper Hy
Werere
Victoria
Wolverine
Sig
Eee
Comstock
Ani
Sol
Timois
Iowa
Minn
Missoul
North
Pacifi
Penns Parnl
Agricul
Am Car & Foundry
Amer
Amer Tce Securities
Ame
Smelt
Am. Steel J
T. R
Am. Steel F. Pt
Amer É
al LO
American Tobacco
American Wool
S. I
Batopilas
Brook
Central Lion Co
T. Paul
L Central
PB. &S
al Biscuit Co
Io Fc
al Lead
GOK Il Lead. Co. Pz
Drake Nt
Chi & &T L
St. L. Pf
Pittsburg Coal Pt
Pressead Steel Car
Stee Ear
Gs Pullman Company
R.r.sec
1.C
Sag
Reading Lawn
Te Bess
Tennessey Upper Vets
Texas & Pacific
Land
Texas Pac
Third Avenue Ae Og
R'iways & Lis Ni
Sole St. L & W Pi
aMates
Ain
Utah Copper
Outside Securities
Butte Coalition Reacts
Farch
Bay St
Consol
Hayv
Manhate
Standa
Nanea
Alleos
Cana Joof Az
Bki
Lutte
Butte
T Cobi Fu
Cumb
Davis
Loloi
Doug
Flore
Girou
Kewar TV
King
MeeKir
Mlem
Stewart
Tintic Psa
Ormont Wn
Tonopah
Bel
Ton. M
Union
United Cop
Eptted Rico
Tol
Niles Oy
Mii
Anter
Fits & M
Loz
Loo
Mich
KN. Wassenes
I Am
Chesapeake & Ee
Cuba
Ontario & Western
Sur
Syracuse
Aire
Utica & Mohawk
Valley
American Woolen Company
O. Eae
X Mann
Mez
Missouri
Pac ¢ Trust
Ewes c & Hud
Ts Re
Eis
Dient
Es Oran
Hia
M. Lee
N. W. Ca
Pee
Lea Ceseuat
Nadeem
Bion Ates
So- Ist
Fis M & Co
Vato
Orex Sr LL
Sesene Gog Se Ee Ees
Ft Wa& le
Footy
San Arbor
Ann A
Feta
City
Bas
Wen
Wat
Bg IL
Cal Co
Det
W.F
Westingh
Fen
Neeeas
Ohio
St. E
F & Qm
Eading Ren
Beas A. O
Renee Oree
Oty Steee
Diwi
Sven Och
Min & M
Paul
Min & Mfe
Ind
Touls
Mil & St
Car & Gac & Northwaix
Ri& P
Ri& P Gen 4S Uthn
Uthn Railway
Ig Industrial Sa
Ese
Southern Refx & P
Is Gas Co
Cervass
cWwease
East Tenn
V & la
RIK
MNAS
Bay
Eerie Mart
Ram
Tom Wee
RBI
Votal Salas
Totr
Ea Kale
Ban Francisco
Eaves I Gould
Hale & Eee
Belcher
Julia
Best & Besicher
Eoetaes II Ophir
Rercoeses
Caledonia
Overman
Poteat
Cal & B
Imperial
Utah
Crown Point Etsaee
Tramps
Diamon
Pittsburg Transactions
The
Anyree
Crucible Steel Lenenae
Crucible Steel
Fed. St. & P. Ry
Harbison-Wiker
Ind. Brewing Pf
Seeee
L & Tee
Pittsburg Brewing
Pittsburg Coal
River Coal
Wewee
S. Atsel
Naseeaes A
Colorado
Bell Teleephone
Tonopah Mining
Chisholm & Chapman
Wail St
Fifth Ave
Chestnut St
Wardwell & Adams
Simonsen Manhattan Hotel
Broadway,& Cotton Exchange
W. 14Th St
F P. Freeman & CO
Broad Street
Stocks and Bonds
St. Tel
Wall St. P & Members
Nat
Bank of Cuba
Fidelity Trust
Irving Nat
Bank Ax
E Goodman & Co
Exchange Place
Union Exchange Bank
Liberty National For Sale Lawyers Title Insurance Company
Title Guaranty and Trust
United States Trust
Arthur S
F. Jones
Phe
National Bank of the City of
Nassau. Bank
Nassau and Beckman Sts
EW York