Bank Rate Cut Sparks Mixed Trading on London and New York Stock Markets
The Bank of England cut its official discount rate from 4% to 2% sparking a brief rally in Union Pacific and other stocks on the New York floor before traders pulled back as dullness returned. The Rio de Janeiro banking rumor had little impact, while US steel and ore issues remained firm on optimistic forecasts. London markets showed no decisive reaction and local money conditions stayed steady as government deposits anticipated further payments.
MENTIONED IN THIS ARTICLE
Bank of England
Union Pacific
Rio de Janeiro
Fluher Troude
London
Paris
The
Stock Exchange
Exchange
Great Northern
United States
Stecommon
Panteg Houses
Money and exchange rates on the stock and mercantile market
Money on call on the Stock Exchange loaned at 1 to 2 percent with last loan at 2 percent. Time money rates range from about 3.5 to 4.75 percent for various terms. Mercantile paper at 5.42 to 6 percent for four to six months. Clearing House balances and bank losses noted. Sterling, continental, and New York exchange quoted with various discounts and premiums across cities.
MENTIONED IN THIS ARTICLE
Stock Exchange
Mercantile Paper
Clearing House
Triciy
Sterling Exchange
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Bank
San Francisco
Silver Quotations and Mexican Dollar Note
Bar silver quoted in London at 57 to 64 1/4 pence per ounce and in New York at base price per ounce Mexican dollars were scarce and fluctuating with little fixed value reported in this brief market notice.
MENTIONED IN THIS ARTICLE
London
New York
ExchangeStock Report Highlights Principal Transactions
The stock section lists yesterday's principal transactions with opening high low and last prices. Details include a 14K issue at 50 cents with significant volume and a branch listing with 2,300 shares, plus bid and asked prices in principal issues at market close. Unlisted securities are noted but specifics are unclear.
MENTIONED IN THIS ARTICLE
the Produce Exchange
Tallawe
Wall Street Trading Report and Railway Finances Snapshot
A detailed stock exchange summary for Thursday March 5 1908 includes gains and losses across railroads like Southern Railway and Buffalo Rochester & Pittsburg and notes Niagara Falls related figures. Separate tables show gross and net incomes for rail lines including Denver & Rio Grande and Chicago area lines with renewal funds and dividends.
MENTIONED IN THIS ARTICLE
Buffalo
Rochester
Pittsburg
Detroit & Pena AC
Grand Fea
Louisville & N Nashevt LE
Atiner St Cee
Oso
Ivy
Bae Ae
Southern Railway
Taelance Sscre
Iowa Central
Duis
Learge
Weelz
Buifalo
Denver & Rio Grande
Borough Rapid Transit
Manhattan
Incr
Tanos Eesccees
Consolidated Exchange Mining Stocks and Pittsburgh Trades
Consolidated Exchange report shows diverse mining stocks with fluctuating prices and volumes. The Pittsburgh market lists shares and bonds including Crucible Steel, Fireproofing, Independent Brewing, Ohio Fuel, Pittsburg Brew, S. Steel, U S Steel, and related Note offerings, with last prices and percentage changes noted.
MENTIONED IN THIS ARTICLE
New York Times
Pittsburg
Crucible Steel
esCecee
Har.-Walker
Indep. Brewing
Interior Mining
Esee
Mfrs
Tonopah
Union Switch
S. Steal
Acsencsee
S. Steel _pf
West
Pittsburg Brew
U. S.steel
Outside Securities See Little Trading Interest In Gold Stocks
The outside securities market showed small price moves with overall sluggish activity. Nevada gold stocks led activity with modest losses on about 1,200 shares traded as Butte Coalition declined and Nipissing rose about three tenths of a point while Havana Commercial preferred traded heavily and finished near 1454. The day’s reported transactions covered various industrial and railroad issues with mixed openings and closings as listed in the day’s bid and asked figures.
MENTIONED IN THIS ARTICLE
Temporar
Alaska Treadwell
Domini Opper Ltd
Oibalt
Kinley-Darragh
Nipissing
Ee Senor
Serene Senee
Portland
Tomboy
Montezuma
Stewart Mining
Dolores Snervete
el Oro
Nevada Hills
Nevada-Utah
Great Bendamen
Kendal
Lone Star
St. Eves
Belmont
Midway
Montana Tonopah
Eseersese
Tonopah
Tonopah Mining
Eees Seene
West End
Majestic
Utah
Buillion
Franklin Mills
Sterner Eeeasee Ee
Standaeg Asbestos CO
Sessseee Ee
Prospect
Nevada
Butte Coalition
Tvo
Iist
Havana
Commerciay Preferred
Faa
Grain and Provisions Market Summary
Nervous market reaction to West news as 185 cars arrived at Minneapolis and Duluth. Goatsale reports from the Northwest include 17 loads of Spring wheat at Duluth, many labeled No 1 Northern. Manitoba export sales to the United Kingdom total about 250000 bushels. Cash wheats in New York quoted No 2 red 1.04 elevator, No 1 Northern Duluth 1.19 1/4, No 2 Hard Winter 1.19 1/4. Corn market strong on belt prognostics with 3.42 rise in Liverpool. No 7 corn traded around 0.60 in New York with No 2 white near 0.65.
MENTIONED IN THIS ARTICLE
Minneapolis
Duluth
Montreal
Manitoba
Unite’ Kingdom
Herms
Hart
Liverpool
New York
Mining stock quotations from San Francisco March 6
Special to The New York Times from San Francisco reports the official closing quotations for mining stocks. The list includes Alpha and various operators with prices and premiums noted, such as Gould & Curry, Belcher, Sierra Nevada, Imperial, Crown Point, and Mexican dollars, with miscellaneous telegraph premiums.
MENTIONED IN THIS ARTICLE
San Francisco
Alpha Con
Essoese
Gould & Curry
Halod& Novercas
Belcher
Best
é&Belcher
Menican
Aledonia
Calienge
Cal
Sierra Nevada
J Son
Imperial Pam
Telegraph
Ban Weane
Charters Granted For New Jersey Firms In Trenton
In Trenton on March 5 a list of chartered companies includes Berthrand Island Transportation Morristown with $100,000 capital and several incorporators. East Orange Fast Orange Realty Company aims in real estate with $8,000 capital. Newark stock Fish & Lenox Company to act as wholesale commission merchants with $50,000 capital. Long Branch Fred A. Kinsman Company capital $50,000. Jersey City Worden & Crawford Company capital $5000 to do general contracting. Camden Pittsburg Bowling Tournament Association capital $59,000 to run a 1909 event. Jersey City Stanley Gollieck Company capital $160,000 for general contracting. Jersey City Tierra Le Fuego Gold Fields Company capital $100,000 to mine. Montclair United Decorators' Company capital $50,000 to decorate. Hackensack Bergen Suburban Realty Company capital $160,000 to deal in real estate. Camden Flureka Sanitary Head Rest and Supply Company capital $15,000 to manufacture sanitary head rest items.
MENTIONED IN THIS ARTICLE
Trenton
Berthrand Island Transportation Compan
Morristown
Sirespan
David F. Barkham
John MM. S
Meat Realty Company of
East Orange
Fast Orange
James Hi. Muchmore
Edward Giokner
Oscar Giokner
Walter Worden
Samuel J. Crawford
Cornelia Worden
Pittsburg
Camden
Capital
Adam Hahn
George Meyer, Jr
H. R. Polack
Stanley Gollieck
Jersey City
H. Stanislaw
G. E B. Cutley
Tierra Lee Fuego Gold Fields Company
B. S. Mantz
L.L. H. Gunter
G. R. Warner
Alfred W. Edgar
Julius N. Lundell
Isaac S. Allvin
Bergen
Hackensack
Carl L Dingfelder
John Shafer
Jacob A. Karet
Flureka Sanitary Head Rest and Supply Company
B. F. Buchanan
G. C. Lezenby
Frank Livezey
Also Mentioned on This Page
Ueous
Pencer Trask & Co
New York Stock Exchange
William and Pine Streets
ITY
Chisholm & Chapman
Wall St
Fifth Ave
Robert H. McCurdy
Norman Henderson
Louis EB. Hatzpeld
McCurdy Henderson & CO
Investment Securities
Long Island Ferry Co
Birma Ry
Elec
Duluth Street Railway
Denver Gas & Electric
Eneance Light
Butte Hee, Light & Power Co
Leoard F. Hepburn
Rector
New New St
New York City
Ever & CO
Tel
Wail St
Ane
York
Tlantic Mutual
Taylor, Smith & Evans
Wall St., Stock Exchange
Hall Signal
Worthington
Pinelawn
Tefft, Weller & Co
Amsterdam National Bank
Illard & CO
Hanover
Broad St
Sanitary Utilization Co
M.eter Manufacturing Co
Chicago & Mil
New Netherlands Bank
American Iron & Steel
Segel, Heilner & CO
Grand St
Colton Exchange
Wardwell & Adams
Broadway
Mannattar
W. 14Th St
Wall
New York E Stock Exchange
N. W. Kall
NY & CO
Philadelphia
B. Wilson
D. M. Ferguson
B. Wilson & CO
Consolidated Stock Exchange of
N. Y
Phenix National Bank
City of
Nassau and Liberty Lte
Nassau Bank
Nassau and Beekman Sts
Brooklyn Trust Company
Montague Vie
Foulton Street
Wall ‘St
Trust Company of
New Jersey
Echange Place
N. J
Ceaar
Nassau ST
the Trust Company of America
Co Nial
Gresham St
Hed J
Thomas Reinhardt
Hinds
Money and Exchange
Produce Exchange
Rae
Smuthern
Tenness
ELC Phleae
VY Gml. A
Spey
COPE
S.ce
Evious
GUNG
Org
Norfolk & Ow
North Ameri Northern
Ena Se
Ontario
Penns
Seatnig
Kop
Earp
St. ZL
Art ‘Hase
Scsee
Louis Oee
Csase
Ceese
Dr. pf.Iron
Raey
Ah Rae
Steel
Aerereeee
S. Steel Pf
Wabash Ee
Western Maryland
Western Benson
Ios
Allis-Chaimers of
Kinhe
America
Aim
Foundry
Atviss Twine
Ain
Hide
Leath
Lew Securities
Tolbucco
Baltimo & Ifo
Danas Lin
Jia
Paul
Denver
Erie
Doha
Iowa
Leo Now
Lis
Eeri
Comstock
eReee Ee
Pittsburg Coal Company
Eurpess
Aesvey
Consolidated Exchange
Rest & Belch
Pine Bell
Con. C
Versaeesek
Goldgiett
Mollie Gibson
Montzom
Red Hil
Cae
Sandstorm
Pittsburg Transactions
Brooklyn R. T
Cheas & Ohim
Bea
Met
Jills
Louis
Gar BO -Mo
KEK, & T
Pacific
National Land
Central
Nor
Penney Irania
Mie
Republic
Oak Island
South
Fey Pegi Oi
Outside Securities
Bay State Gas
United Fruit
Laity
Sera Gee
Balaklala .J
Bingham
Bully Eee Ling
Butte Son Yel
Big Ae A
Tlolail Central
Vulgius
Furne C’k Co
Giroux Mining
Buv
Guld Hul
Goldfield Con
Gly By & Bts
Puddr
Ad Daisy
L. Sud
ne-Caunanta
CG Greene U.B
Greene
Kewanas
King Jedward
M. Iy
Macmac Mings
Bes
Dlines So
Mitchell Mining
Nev
Ab & S&s
Nip. Mines Co
Wyoming
Sup
Pitts
Intic Mining
Tonepah Bel
N. Bia
Union Mines
United Copper
United Hico
Adams
Stuam
Wrednesday
Brooklyn Ferry
Ferry
Aston Copper
British ‘Col
Y- Butte
New York Sess
Cobalt Central
Wing Central Foundry
Ccee Lig
Central Foundry
Plese
Ccccer
Chicago Subway
Cumberland-Ely Mining
Davis-Daly Weescenvecee
Dominion Copper
Ely Central
S.esccessly Ly Electric
Esseee
Goldfield
Goldfield Daisy
Eee
eaRolov Gold Hill
Wheelig
Guggenheim Mer
Havana Tobacco
Micmac
Cssretee
Mines Co. of America
Evada Copper Seacesee
Oyev ‘a-Uteah M
Sia Dtis - Swaot
Eeeree 25 &O Oustrator Pf
SU Wy Star
D Milling
United Copper Ph
Laws
Panama
Ana A
Fapeed
Beth
Sterl
KK. & P Spe
Cal ‘Cel
Cen
Nada
U. Rg
OS Ril Weld
Esse
Seren Daid
Ighay
Io ci Uo
L. Lo
Ee Joan
S. Coal
S&h
Iman Co
Sksilver
Sons
Leie
CL & New
Ets
Mickese
Eatlee
R. R
Car
Ch. Corweides
Ch. ¢ Co. Pf
Tulcan Det
St Ful
Wabash Pf
Actinegh' Aa
Og At
Hanud
Boston Stock Market
Stecks
Calumet
Heela
North Hutte
Burtte Coalition
Bkiri
Ree
Aes
Jee
iMex Pies
Akay
Mil
Ana Pe
Perdi
Bai
Wuss
LON
Wee Hee le
Hal
Penn
Peni
Kcom
Snc
S&p
AVA Ats A. Bm
Ade
Rispar 4
Miers
Weeere Tah
Se Eeewares
Jeasesee Actte
Ceedee
Stetenee
Seereneteee
TOS ™ Towite
Tee
Ir Sa
Chis
Seeeteens UY
R& R
Iw. Ee
Joal
Ir &R
Matey
Suny Sa
S Steel Corp Sky Fund
Inter
Westineh
Cccees
GI Rao
Ccceees
Cceccees
BAM
Jan Ridapeke Tesa Een
Aweal
el Tel
Ta - Am
Hl& H
Ston & Albany
Oston
Cee
Nion Pacizio
Eveesevees S&s
Ee Bo
BOO. Am
Agr
Mergenthale
Pullman Aecmeers
Torrington
Torrington Pf
United Shoe
Veesees
S. Steel
Rg L
Steel Pf
Allouez
Butte Coalition Ec
Lility
Daly-West
Iso Isle Royale
Massachusetts
Mexico
Michigan
Stevetee A & Bob Mont
North Butte
Old Dominion
Osceola
Parrot
Cvsc
Seeceese
Lily HY
Quincy Seen
Ernest
Oneness
Weeartere Ribs
Wrereree A
Aly Wetennee
Waweeere A
Eunetere
Cod
Pi Ani
B'way
Aolafield
Belmont Fescoseere
Seiden-Anchor
Kendall
Tim Butler
Sceseee
Mar& Cosscens
Mohawk
Seeweserese
Red Hills Wastanes
Sandstorm Seeraers Montane
Errog Mining
Adams Weer
Roy N. Bank
Esere
Diam Sonafiala
Incorporated