Financial Markets Week In Review The Western Maryland Crisis
Stocks closed slightly higher amid a day of mixed results as Western Maryland faced receivership challenges. Union Pacific and Southern Pacific posted January losses, while Rock Island signaled scarce permanent financing. Banks topped gains on improved cash position, with European rates hinting at a Germany rate cut.
MENTIONED IN THIS ARTICLE
Western Maryland
Gould
Union Pacific
Southern Pacific
Maryland
Perar
Rock Island
Warriman
Pennsylvania
Tocal
Sun-Treasury
Berlin
Calendar for the Week Coal Companies Briefing
Books close for Copper Range Consolidated Co Consolidation Coal Co Philadelphia Traction Co and Rubber Goods Manufacturing Co this week. The calendar lists upcoming closing dates and related notices for these firms and their stockholders.
MENTIONED IN THIS ARTICLE
Books Close, Copper Range Consolidated Co
Consolidation Coal Co
Philadelphia Traction Co
Rubber Goods Manufacturing Co
Nipissing Boom Lifts Shares as Nevada Copper Hovers
Outside securities show Nipissing stock climbing from 6% to 7 1/4 as 4,000 shares traded, while Nevada copper stocks show only small moves. Guggenheim Nevada issues see Cumberland-Ely at 8,200 shares and Nevada Consolidated 4,000. both close modestly below open.
MENTIONED IN THIS ARTICLE
Nipissing
Nevada
Guggenheim Nevada
Cumberland-Ely
Money on call and stock exchange rates in late 19th century markets
Money on call loans ranged from 8 percent for sixty days to 41/4 percent for four to six months while most loans settled at 2 percent. Mercantile paper quoted at 4 1/2 to 6 months, clearing house balances listed, and sterling and continental bills given with bid and ask figures. Exchange on New York and other cities showed various discounts and premiums across regions.
MENTIONED IN THIS ARTICLE
Cail
Stock Exchange
Mercantile
Clearing House
Sub
Treasury
Sterling Exchange
Francis
Reichsmarks
Guilders
New York
Boston
Chicago
St. Paul
St. Louis
New Orleans
Commercial
Bank
San Francisco
Silver Quotations and Mexican Dollar Prices
London silver quoted at 959 16d per ounce and New York at 55 40 per ounce. Mexican dollars traded at 47 cents.
MENTIONED IN THIS ARTICLE
London
New York
Coffee Market Steady as 11500 Bags Sold in Quiet Day
The coffee market closed steady with a net gain of points after a quiet session. Trade showed 11,500 bags moved as Brazil’s receipts and steady markets tempered by valorization demand for Santos grades. French and Hamburg futures fluctuated but finished near unchanged.
MENTIONED IN THIS ARTICLE
Coffea
Hamburg
Bradsitreets Weekly Failure Counts by Region and Canada
The report shows 27 U S failures in the week, down from 311 the prior week and below figures from 1907 to 1904. Regions list totals and Canada records 49 failures. About 79 percent of firms failing had capital of 5000 dollars or less, 11 percent had 5000 to 20000 dollars, and 5 percent had 20000 to 90000 dollars.
MENTIONED IN THIS ARTICLE
Bradsitreet
United States
Middle States
New England
Southern
Western
Newestern
West
Territories
Canada
Railroad Earnings and Financial Totals Across Several Lines
Summary of railroad earnings and mileage figures for multiple lines including Chicago Indianapolis and Louisville Thor and Georgia Southern Florida. Data cover 4th week February and January to February totals with gross earnings expenses and net figures for 1907 1908 and earlier years. Includes Interoceanic Railway of Mexico Missouri Pacific and Union Pacific among others with notes on classifications and surpluses.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
Louiisville
Thor
Georgia
Sal Dees
Mendean
Sol SE Hidalgo
Northeasters
Faz
Interoceanic Railway OF
Mexico
Acce Sabo
Wales
Georgia Southern
Florida
Southern
Union Pacific
SORES
National Railroad OF
Menico
Isacescscee
Minneapolis
FSM
Treasury Begins Day With Large Gold Reserve And Revenue
Washington March 6 National bank notes redeemed today amount to 169 026 Government receipts from internal revenue 913 007 customs 3709 571 miscellaneous 105 758 expenditures 2 050 000 The Treasury shows gold coin and bullion 150 000 000 in reserve funds and trust funds to redeem certificates 831 501 860 including 456 186 009 silver dollars and 5 512 600 silver dollars of 1890 The total balance stands at 1 292 700 859 with general funds deposits in states and other items totaling 123 553 059 awaiting reimbursement 41 500 and other current viability figures.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue
Treasury
Philippine
Ike
Chicago Telephone Shares Rise on Rights Sale Activity
Special to The New York Times reports Chicago Telephone shares trading around 110 and rights at 180 1%% with gains extending from earlier. Other listed securities show varied movements including Swift, Am Can, Nat Biscuit and Quaker Oats among market quotes and percent changes amid active trading.
MENTIONED IN THIS ARTICLE
New York Times
Chicago
Swift
Tel
Righta
Chi
Title & Trust
Nat
Biscuit
Nat. Biscuit
South Side
Street’s Stable Car
Swift & CO
Grain Market Shows Mixed Pressure on Wheat Prices
Weakness in May contracts amid favorable crop conditions and heavy snow in the Northwest. Minneapolis stocks fell 475,000 bushels for the week while export activity totaled twenty three loads including about nine loads of No. 1 Northern at New York. Argentine crop estimate set at 202.4 million bushels with 154.4 million export surplus. No. 2 red wheat quoted in New York at 1.0834 elevator, and futures in other grades noted with varied board prices.
MENTIONED IN THIS ARTICLE
Northwest
Minneapolis
Northern
New York
Oklahoma
Budapest
Berlin
Germany
Liverpool
Duluth
Bard
Fragments Describe March Mining Related Prices
A fragmentary note dated March describes mining price figures including Mexican sellers with 826.04, telegraph rates at 4 and 5 cents, reflecting sparse market detail. The text is incomplete and cites various prices without full context or names.
Colorado mining stocks close on Colorado Springs exchange
Special to The New York Times reports closing quotations on the local exchange in Colorado Springs. Listed bids and asks include Acacia at 78, Dr Jackpot at 8 7, Findlay 31 83, McKinney 30 49, Work 13 s, Gold Dollar 75 7, Portland 105 10, Johnson and El Paso 31 32, Isabell 37% 87%, Vindicator 90.
MENTIONED IN THIS ARTICLE
Bay State Gas
Standard Oil
Railroad
Chic
Subway
Boston Copper
Brit. Col. Cop
Butte Coalition
Butte & N
Con. Ariz. Sm
Ely
Davis-Daly
Com
Douglas
Florence
Foster Cobalt
Furnace Valley
Giroux Mining
Irold Hill
Goldfield Con
Greene-Cananea
Greene Golds
Greene G.S. Pf
M. Co
Mitchell Mining
McKinley
Tri-Builion
Union Mines
Inter
Tor
SL & Oak W. Col
Oye Wi
Brooklyn Ferry
Eeee
British Col
Butte Coalition Cco
Butte-New Yorowee
Gat
Sobalt Central
Ecsee
Sentral Foundry
Central
Colonial
Thicago Subway
timberland-Ely
Dominion Copper
Ly Central
Ccceee
Electric Boat
See
Goldfield
Daisy
Lil Seawe Weeweaere
Aly Greene
Cananea
Greene
Lily Greene
Lis O Fuggenheim
Havana Tobacco
Ee Yavang Tobacco
International Salt
Manhattan Transit
Micmac
She O Iy Fines Co. of America
Titchell Mining
Weaee
United Copper
Amer. Ll
Mig
Amer. Tel. & Tel
C. & W. Mich
Western Tel. & Tel. Bs
Boston Elevated
Boston Suburban Aecre
Fitchburg
Eececekes
Union Pacific
New England
Bac Sac
Amer Agri. Chemical
Amer Agri. Chem
Amer
General Electric
Massachusetts
Seattle
Elec
Diesese
Swift Seeenwsaneceeses
United Fruit
United Shoe
United Shoe’ Pfs
Ss. Bteel Pf
Seeteeetaaee
California
Arizona
Hecla
Daly-West Savemas
Sim River
Franklin
la Salle
Ceneeseuates
Texico
Ichigan
Mont
Ce & Eesemores Sie
Nevada
Orth Butte
J. S. Bmelting Pfleesee
Utah
Victoria
New York Times
Pittsburg
Cable Con
Crucible Steel
Har.-Walker
Independent Brewing
Indep. Brewing Pf
Tre. L
Marsden
Steeesee
Ohlio Fu
Mount Topper
Pittsburg Brewing
Pitts. Brewing
Ers
Tonopah
Union
U. S. Steel
Steel
West Air Brake
Colorado Springs
Col
Acacia
Dr. Jackpot
Findlay
McKinney
Portland
Johnson
el Paso
Isabell
Cotton Market Slips as Reports Indicate Short Time Circular
The cotton market showed inactivity with early irregularities turning into a decline of 4 to 12 points. News from the Federation of Masters Spinners of Great Britain about a circular urging short time weighed on prices, while U.S. receipts remained light and several Southern markets reported lower spot quotes.
MENTIONED IN THIS ARTICLE
Federation of
Master Spinnera of
Great Britain
Kine
Norfolk
Canada
Thorn
Jcoseess
Stet
Savannah
Fivie
Augusta
Orleans
Iqulet
Copper and tin fall in London and New York metal markets
Copper prices eased in London with spot and futures slipping from Thursday. Tin weakened to £1 15s for spot and £1 for futures, while lead and zinc held around £123 and £20 respectively. New York Metal Exchange spot bids and asks showed copper and related metals with mixed results from the prior day.
MENTIONED IN THIS ARTICLE
London
Middlesborough
New York Metal Exchange
Seweseossee
Currency Movement Estimates Show Wet Yearly Gain
The usual estimates of currency movement from the wet last day credit banks with gains between 4.403 million and 5.603 million dollars. The large interior receipts accounted for the main rise while Sub-Treasury to banks transfers were nominal. The Wall Street Journal cites interior receipts of 9.3068 million and sends 3.8936 million to the interior, including 2.96804 million in National bank notes sent to Washington for redemption. The interior gain is noted as the key factor.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Interior
National
Washington
Also Mentioned on This Page
State Street
the Rookery
Ab.leach&co
Broadway, New York
W.L. Lyons & 60
New York Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
Louisville Stock Exchange
Exchange Place
Broadway
Cor
Flailiron
Louisville
Keller Building
Redmond Aco
Philadelphia
Pine St
EADY
Plympton, Gardiner & Co
William St
Bankers Potter, Choate & Prentice
Nassau ST
New York City
W. Harris & GO
Bankers Pine Street
Wier
Lehigh
Bank & Trust Co
Gerold & Banfield
N.Y
Brown Brothers & CO
Wall Street
York
Baltimore
Fulton Trust Co
Henry C. Swords
H. H. Cammann
E.w.reighley
C.M. Vankleece
Lawyers Title Insurance & Trust Company
ALL Trust CO
Liberty Street
Manhattan
Montague Street
Brooklyn
Reason Bess Capital
W. Castles
OOF
NEM Trust Co
Harriman
Union and
Southern Pacific Lines
Western Maryland Railroad Co
Wraesitma Maryland Railroad Company
Equitable Trust Company
Nassau Street
Trust Company
Alvin W. Krech
Myron T. Herrick
Henry
Redmond
Geg
P. Butler
Winslow
Pierce
Committee
Iowa
Louisville & Mackay
Natia
Totro Cor
San
ADOS
Bs Sie Reeken City Rowr
Mee Qol
Tandy
Union Bag
Union -Pacific L
S& Rubber
S. Steel
Utah Copper Wabash
Wabash Pf
Wheel, & i. Bs
Wheel, & L
Way
Western Union Tves
Ist
Pse
Ps. Bed Nort
Enadie Ee Pennsylvan People’s
Roway Shrel S
Reading
Tren
Bortex Tal
Thern
Bien Okeata
Coomstock
Thy Ag
Ente
Ali
Mae Ai
Rande
Iest
Allis-Chalmers
His-Chalmers
Amalgamated
Car & Kou
Aaali Securities
Steet
Love
Seane
Ielt & Ristensorf
Pleks
N. J
Ohio
Chi Paul
Coltad
Erie
Rey
Outside Securities
Trimititrnat.s
Hid Aawen
Panama
Adams
Ag. C
DS Mat Cerk
D. Tel
A. T
Am. W. Co
Ann Arbor
A. Pf
Beth. Steel
Beth. S. Pg
Ans
City
BR. Gk
Bis R. & P
Aie
D. M
Centinen
Ong Island
Wackay Cos
Ifan
C. R
Man
Beach
St. R
T. Pt
Lis
Nat. L. Pf
R. R
Ont
Pitt
Pitts
C. Pf
Rand
R. Pf
MM. M. M.pf
Power
M. R Kk. C
Ft. S
M. Pf
IG Ee
Ke W
Fies
Ues
Udj
Navi Ae
Uv Gas Lyt
Louis
Aedpaes & Mich
Wereme & Wonee OU
Aon
B. & Pretfs
Lna8
Ls. W. DE Ene
Texas
ROE
de Heaine
Sol Eceere
CIA
Car
D 'O
C. Pe
Colo. Tn
Erte
Eric
Tnt
Kc.f
Sorce Omer
Trop Os
On, Mn
Sena
Stear
Ney
Money and Exchange
Weeaseae
Mayes
Jung Cee
Boston Stock Market
North Butte
Thora
the Treasury Balances
Chicago Stock Market
Consolidated Exchange
Amal. Co
Alt
Brook, R. T
Or .Dist
Inter.Met
Pe & Nash
Pacific
Gor U
Best & Belaher
Eae Boll
TOO, Som. Fso
Elkton Cecerere
Ontario
Ophir
Sierra
Oliver Pick
Eee
Pittsburg Transactions
McK
Grain and Provisions
Atoar
Gradir
Biwan
SAN Francis
Peewee
Asia
Belcher
Caledonia
Cal
Con
Imperial
Gould & Curry
Hale & Norcross Julia
Tonopah Belmont
Golden Anchor
Tim Butler
Eeetes
McNamara
Midway Ceoreesers
Montana Sosa Iests
Nacre Extension
Tonopah Peweeeses Weera Ldfield
Cosester
Atlanta
EES Blue
Bel Comb
Ascent
Ceera Aeeeeer Dai
Genet
Tamondfield Goldfield C. Mines
Hal Kentucky
Washington D
Conea
Sierra Nevada
Tumbo
Kendallee
Lone Star
Red Hills
Sandsterm Enens Em
Ives Eos
Bullfror Nat
Reon
Montgomery Mt
Colorado
Metal Market Reports
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