Market retreat amid profit-taking and bond doubt
The market cooled after a high earlier, with bears regaining courage and traders lifting stop-loss orders. Some brokers say selling reflected bear pressure, while others note bond market weakness as a driver behind stock hesitation and a lack of broad public buying. In Boston, copper shares rose early with Amalgamated at 58 and miners trading higher, while overall declines remained limited.
MENTIONED IN THIS ARTICLE
Stock Exchange
Amalgamated
North Butte and Butte Coalition
First annual report of Great Northern Ore Lands trustees
The trustees current year report shows receipts of 1 650 000 for the year ended Dec 7 with 1 500 000 distributed to certificate holders. Administrative expenses are 07 750 leaving a balance of 82 249. Since year end the trusts have received 1 600 000. The lease covers 1 295 acres.
MENTIONED IN THIS ARTICLE
Great Northern Ore Lands
Ft. Inc
Lake Superior Corporation to Elect New Directors at Adjourned Meeting
Stockholders will reconvene the adjourned annual meeting on April with several new directors to be elected amid board friction between New York and Philadelphia interests. The move signals potential management changes aimed at improving performance. Otis Elevator Company reports 1907 net earnings of 996 104, with a year end surplus of 161 939 after depreciation and dividends.
MENTIONED IN THIS ARTICLE
Lake Superior Corporation
New York
Philadelphia
Otis Elevator Company
Brooklyn Corporation
Securities Sales Company 170
Broadway
Suit Breaks Up Law Firm Mellen Woodbridge Dissolved
The firm of Ward Mellen Woodbridge dissolves by mutual consent. Chase Mellen and Francis Woodbridge continue as Mellen Woodbridge. Henry M Ward practices solo. This follows abandonment of injunctions in Hymans Zoon v Delaware Hudson and Ward's bid to intervene for another plaintiff after injunctions were to be ended.
MENTIONED IN THIS ARTICLE
Ward, Mellen & Woodbridge
Hymans & Zoon
Delaware & Hudson Company
Mr. Ward
Chase Melien
Francis Woodbridge
Mellen & Woodbridge
Henry M. Ward
Dividends Declared and Skipped by Two Major Firms
Crucible Steel Company and Great Northern Paper Company reported dividend actions yesterday. Great Northern will miss the March dividend after paying 1 percent quarterly from December 1905 to December 1907. Crucible Steel cut its quarterly preferred dividend to 1 percent with no payout for the coming quarter.
MENTIONED IN THIS ARTICLE
Crucible Steel and
Great Northern Paper Co
Crucible Steel Company
Great Northern Paper Company
Baltimore City Stock Bids Oversubscribed in Oversubscribed Sale
Baltimore bids opened at City Hall for two $1,000,000 loans at 4 percent each for parks and the annex oversubscribed nine times. Highest bid 105, lowest successful 101.051. Among winners are Samuel Keller M A McKenna Samuel Brey and Tobey Kirk of Newark.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Baltimore City
City Hall
Annex
Samuel Keller
M. A. McKenna
Samuel Brey
Tobey & Kirk
Newark
Ice Trust Mortgage Record for American Ice Company
The American Ice Company mortgaged its property at the foot of Rivington Street and at the foot of East Ninety first Street to the United States Trust Company for 500000 dollars. The loan is due in five years and bears 6 percent interest.
MENTIONED IN THIS ARTICLE
American Ice Company
Rivington Street
East Ninetyfirst Street
United States Trust Company
Stockholders delay action on steel plan at April meeting
About 75 percent of American Steel Foundries shareholders approved the financial plan but Chairman Gary signals it will not pass unless a larger consensus is reached. Nipissing Mines declares a 3 percent quarterly dividend payable April 20. George Blumenthal elected director of American Light and Traction to replace L H Withey. Western Maryland Road bond committee claims 30 percent control of convertible issue. Buffalo Mines Limited declares a 5 percent quarterly dividend payable April 15. record date March 20 1908.
MENTIONED IN THIS ARTICLE
American Steel Foundries
Gary
Nipissing Mines Company
George Blumenthal
American Light and Traction Company
L. H. Withey
Richard Sutro
Maryland
Buffalo Mines, Limited
Bankers Trust Company
Wall Street
New York City
New York Stock Exchange
New York Times Weekly Financial Quotation Review
The New York Times offers a full survey of bond and stock operations, world monetary and mining movements, and general industrial trends. A faithful record of financial facts, mailed nationwide for one dollar a year.
MENTIONED IN THIS ARTICLE
NEW York Times Weekly Financial Quotation Review
United States
NEW York Times
Foreign Market News From London Paris and Berlin
London reports £600000 gold secured by the Bank of England and firmer American securities but later price easing. Consols and home rails weak from liquidation, copper shares strong on New York sale rumors, bar silver quiet. Paris Bourse firm but dull, Berlin inactive and weaker.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Imperial Bank of Germany weekly cash and loan shifts
The Imperial Bank of Germany reports changes for the week: cash in hand up 23,029,000 marks, loans down 17,175,000 marks, discounts up 27,507,000 marks, treasury bills down 14,074,000 marks, notes in circulation down 25,613,000 marks, deposits up 40,723,000 marks.
MENTIONED IN THIS ARTICLE
Berlin
Imperial Bank of Germany
Cotton market reports mixed values amid good South weather
The cotton market shows near months higher while later positions ease as farm work progresses. The day closes steady for March and May and weak for later months with a 4 to 10 point range. 175000 bales traded. Spot prices hold around 11.20 to 11.45 cents with mixed Southern receipts and exports beating port receipts by about 18000 bales.
MENTIONED IN THIS ARTICLE
Bremen
Jung Cocveness
Gulf
New Orleans
Mobile
Memphis
Houston
Savannah
Norfolk
Augusta
Grain and Provisions Market Report Declines in Wheat and Corn
Grain and Provisions report shows wheat prices drifting lower after weak Kansas and Oklahoma damage stories. No export interest. 400,000 bushels sold for milling. Corn eases from firm start with slight late rally. visible supply down 1,263,000 bushels. No. 2 red and No. 2 corn prices listed in New York with FOB and elevator figures.
MENTIONED IN THIS ARTICLE
Kansas
Oklahoma
Northwest
Liverpool
Continental
Minneapolis
New York
Northern
Duluth
Coffee market quiet with light daily sales
The coffee market opened steady as 7,000 bags traded yesterday. Havre and Hamburg showed slight recoveries after early losses, while Brazilian ports moved 10,000 bags against higher historic totals. Week receipts and warehouse deliveries edged up from last year and two years ago, with Rio No 7 trading around 6 4 cents and various contract closes near 5.85 to 6.20 cents for months ahead.
MENTIONED IN THIS ARTICLE
Havre
Hamburg
Rio No. 7
Sat
Seccecs Seve
Travelers' Letters of Credit Payable Throughout the World
Lists offices of The Farmers' Loan and Trust Company in New York London Paris and New York branches with details on bills of exchange cheques and cable transfers for international transactions and letters of credit.
New York Incorporations Listed in Albany March 16
A batch of new corporate filings in Albany includes Howard & Childs Company in New York with $500000 capital and directors Childe H. Childs Herbert H. Childs Augustus Childs. Connecticut Amusement Park New York with $100000 capital. Advance Advertising Company New York with $100000 capital and three directors. Mowry Reality Company Syracuse with $100000 capital. Strauss Building and Realty Company New York with $100000 capital. Marie Dermatological Institute New York with $100000 capital. Additional filings cover A. H. Evalenko, Welles-Gutlohn Realty, Syracuse Chemical Fire Extinguishers, Mining Oil and Industrial Reporting Company, Estate of Charles E. Coddington, Cody-Miller Company, Uneeda Hose Saportes, Harvard Automobile and Garage Company, Equities Securities Company, Homewood Building Company, Peoples Dry Goods Store, Oweten Realty, Pavla Fur Company, and capital increases for Benson Mines and Barcalo Manufacturing.
MENTIONED IN THIS ARTICLE
Connecticut
New York
Capital
H. L. Copeland
Huguenot Park
D. J. Buckley
Avenue S
Eighth Street
T. B. Moore
East Fourteenth Street
Brooklyn
Advance Advertising Company
John Jacob Haring
East 183d
Charles F. Haring
East Ninetieth Street
Louis F. Blumenthal
East Seventy-ninth Street
Mowry Reality Company
Syracuse
Onondaga County
George M. Barnes
West Onondaga Street
David Murphy
M. D. Murphy
Lincoln Avenue
N. Y
New_York
Marie Dermatological Institute
Marie Roystone
West Eight-fourth Street
K. E. Bates
Alvin S. Hall
Liberty Street
A. & H. Evalenko
Esther Evalenko
William Evalenko
West Twenty-seventh Street
Welles-Gutlohn Realty Company
David Gutlohn
East Eighty-first Street
Bernard Davis
West 113Th Street
Jacob Wiener
Seventh Avenue
Frederick F. Mesmer
J. L. Lawrence
Hamilton E. Childs
Comany
Obn Carnell
Well Street
Edward A. Berman
Fredee W. Webber
Nassau Street
Newark
Charles E. Coddington
Louis Blesier
St. Nicholas Avenue
Harold Carpen
Fifth Avenue
Edward P. Jones
West Eighty-seventh Street
Cody-Miller _ Company
Thomas McKeon
Lexington Avenue
Irving W. White
West Twenty-second Street
John
van Derveer
Taylor Avenue
Uneeda
Hose Sapportes Company
Louis O. Crosness
Madison Avenue
Bertha Ortell
East 118Th Street
Charles Hermann
Pitkin Avenue
Harvard Automobile and Garage Company
Alois Habtsreitinger
Week Avenue
Charles Moses
Sedgwick Avenue
Benjamin B. Dolero
West Ninety-fifth Street
Equities Securities Company
Victor Jones
Harry 8. Collette
James P. Quigley
Exchange Place
Homewood Building Company
Capitain Egon
John Calendo
Sixtieth Street
Mariano Cordi
Seventyfirst Street
Mortimer M. Menken
Peoples’ Dry Goods
Patrick A. Campbell
Broadway
Ella Bluestone
Henry Street
Benjamin Starr
Oweten Realty Company
Frend G. Quern
Brooklyn Avenue
George C. Hand
East Thirtyfourth
Aive
William H. Clark
Avenue I
Pavia Fur Company
Walter Davis
Second Avenue
Louis Sutta
East Twelfth Street
Samue Rabinowitz
West Third Street
New Jersey Firms Chartered In Trenton
Several companies were chartered in New Jersey including Cummings Patent Furnace Construction Company in Jersey City with 150000 capital to manufacture boilers and fireboxes. American Milk Company in Jersey City capital 250000 to deal in milk. Greyhall Realty Company in Jersey City capital 100000 to deal in real estate. Sandford Beef and Supply Company in Belleville capital 10000 to deal in meats and provisions. United States Varnished Tile Company in Paterson capital 50000 to manufacture tiling. Rahway Land Company in Jersey City capital 10000 to deal in real estate. Continuous list indicates a surge of new corporate formations approved today in Trenton.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Cummings Patent Furnace Construction Company
Jersey City
H. O. Douglan
L. H. Gunter
John R. Turner
American Milk Company
F. Crowell
Hand
John Hughes
L. N. Ridh
Greyhalt Realty Companial
James E. Duross
B. Calhoun
James T. Blunt
Tata
Sandford Beef and Supply Company
Belleville
Joseph H. Osborne
Arthur H. Osborne
Henry R. Kuntz
United States Varnished Tile Company
Paterson
Capital
Clifford J. Newman
Ralph Hendrickson
Wayne le
Tast Rahway Land Company
William G. Morrissy
Manuel J. Straus
Frances V. Dobbins
Cap
Soo Line to Raise Semiannual Dividend to Eight Percent
The Minneapolis, St. Paul and Sault Ste. Marie Railway, known as the Soo Line, reports a higher 8 percent semiannual dividend in Wall Street coverage. The new rate places stock on a 6 percent basis versus 4 percent paid over the prior four years.
MENTIONED IN THIS ARTICLE
Minneapolis, St. Paul, & Sault Ste. Marie
Soo” Line
Wall Street
Dividends Declared by Multiple Companies in March 1908
Notices reveal stock dividends and regular cash dividends from Western Union Telegraph Company Union Bag and Paper Buffalo Mines Manning Maxwell Moore United Traction and Electric American Telephone and Telegraph with payment dates in April 1908 and record dates in March 1908. Transfers books closed around March 20 and reopened in early April as details specify.
SLOSS IRON & STEEL ANNOUNCES STOCKHOLDERS MEETING
Notice states the annual stockholders meeting of SLOSS IRON & STEEL COMPANY will be held at the Birmingham Alabama office on Wednesday April 1 1609 at noon to elect directors and conduct other business. Books for stock transfer close March 21 1608 at noon to April 4 1908 at 10 am. Secretary BE L MORRIS March 16 1908. New York March 14 1908. Mr JAMES M BESSEY retires from W S LAWSON CO.
MENTIONED IN THIS ARTICLE
Western Union Telegraph Company
New York
Board of Directors
A. R. Brewer
Union Bag & Paper Company
Battery Place
Beelare City
W. L. Sparks
United Traction and Electric Company
Jersey City
N. J
Co. S Swestland
American Telephone and Telegraph . Company
WM. R. Driver
Sey City
International Salt Company
International Salt Company of New Jersey
Exchange Place
H. D. Fuller
Ansco Company
T W.W. Stephens & Co
Wall Street
Borough of Manhattan
City of New York
A. C. Lamoutte
Niagara Fire Insurance Company
Liberty Street
LPM
Geo. W. Dewey
American Stogie Company
American Stogie Com
W. D. Sharpe
the Provident Savings Life Assurance Society of New York
Broadway
John W. Vrooman
Bardenredes
Bardenheuer Hygienic Underwear Company
E. 19Th Street
New York City
R. Bardenheuer
Pres
Greenwood Cemetery
T. Hood Muir
Sloss Iron & Steel Company
Birmingham
Alabama
BE. L. Morris
Secretary of State
Albany
Bnarch
James L. Whalen
U. S
Army Building
N. Y
H. Gate
East River
John G. D. Knight
Municipal Civil Service Commission
NCW
Commission
F. A. Spencer
Proposals Sought for Fuel Wood Coal and Oil Supplies
Multiple notices from U S Army Quartermaster offices in Atlanta and Governor's Island and West Point and New York City call for sealed proposals to furnish fuel coal mineral oil forage and printing services for fiscal year 1908 and various military and city facilities including Forts Barrancas Pickens McRae Dade De Soto Key West Barracks Caswell Fremont Moultrie St. Philip McPherson Oglethorpe Screven Morgan Jackson Barracks and Fort St. Philip along with New York City fire department general supplies and coal deliveries.
MENTIONED IN THIS ARTICLE
Chief Quartermaster's
Atlanta
Barrancas
Pickens
McRae
Dade and de Soto
Key West Barracks
Fla
Fort Caswell
N. C
Fremont and Moultrie
S. C
McPherson, Oglethorpe
Screven
Fort Morgan
Ala
Jackson Barracks
Fort St. Philip
Sam R. Jones
Governor's Island
Department
U. S
MO. W. Pullman
A. Q. M. G. Oeee Ag
West Point
U.S
Public notices bid requests and hearings in New York City
City and borough offices announce hearings on remissions of assessments and sealed bids for Pavement repairs, park stands, police supplies, docks and ferries contracts. Dates March 1908. Officials include Mayor George B. McClellan Comptroller Herman Metz and Police Commissioner Theodore A. Bingham.
MENTIONED IN THIS ARTICLE
Board of Revision of Assessments
Borough OF
Queens
Ist
First Avenue
Broadway
Graham Avenue
Woolsey Street
Franklin Street
Hoytvenue
Herman A. Metz
City of
The
Bronx
Foster Crowell
Borough OF the Bronx
Dawson Street
Longwood
Intervale Avenues
24Th Ward
Sewdr
Arthur and Hughes Avenues
Department OF Parks
Zorowski
Claremont Park
the Hronix
Eriday
Pelham Gay Park
Bartow Station
Joseph I. Berry
Borough of the
City OF New York
Imdiiberry Street
Borough Manhattan
Thie Corper
Fira
Central Department
Rporsarch
Jheodore A. Bingham
Regular Auction Sale of Stocks and Bonds by Muller's
Regular auction sale of stocks and bonds listed by Adrian H. Muller & Son at 55 William Street on March 18 1908 at 12 30 pm at the Exchange Salesroom Vesey Street includes numerous securities with orders of executors receivers and trustees. Entries cover Simpson Securities Co Union Typewriter Co First National Bank Yonkers Brooklyn Dominion Park Co Colorado Fuel & Iron American Ice Co Otis Elevator Texas Company Producers Oil Lincoln Gas Peoria Light Evansville Light St Louis Iron Mountain Toledo St Louis Western Ry and many others with various mortgages notes bonds and shares.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Adrian H. Muller & Son
William ST
Exchange
Vesey Street
Simpson Securities Co
Call Trust
P. c
Union Typewriter Co
Bank of Yonkers
Bank of Brooklyn
Sea Cliff Bank
Dominion Park Co., Limited
Colorado Fuel & Iron Co
American Ice Co
Sky
Trust
Ham. & Daytom Ry
Cent. Trust Co
Peoria Light Co
Evansville Light Co
American Beet Sugar Co
Brockville, Westport
No. Western
R. R. Istes
She
New York
Greenwood Lake
R. R. Prior
Sharon Railway Co
North American Co. Coll. Trust
P. O
FEO
AIG Grande Southern R. R
St. Louis
Iron Mt. & Southern R. R
City Investing Co
She. Chic
Ind
Louisville R. R. Pla
Carnegie Trust Co
Albany Insurance Co
Amalgamated Copper Co
Northern Pacific R. R. Common
Southern Pacific
R. R. Common
Ham
Dayton R
Central Trust Co
Topeka & Santa Fe R. R
Bush Terminal Co
Louisville & Nashville R. R
P. c. Eds
New Orleans
Also Mentioned on This Page
Wall. Street
Thes
Lucky Chance
Boston Stock Market
Boston
Associated National Banks of Boston
Bell Tel
Ee F. Con. &S
Elec N. BS
Mass
Aide F.C. Ar Hi
Union Pac
Vermont & Mass
West End
Unbgess
Cumberland
New England
Eeee
Western Tel
Pf. Cress
Am. Ag. Chem. Eeee
Ag. Chem. Pf
Am. Pneu
Saeveee
Wid
Am. Pneu. Pf
Edison
United Fruit
United Shoe
WU. S. Steel
Bingham -Seee
E.seeeone
Daly-Wegt
Greene-Cananea
Isle Royale
Aeenee
la Salle
Ryth Ma
Michigan
Quincy
Wohode Island
Byron
Santa Fe
Shannon
Utah
Victoria
Lake Superior
Ward, Mellen & Woodbridge Partnership
Ice Trust
Financial Notes
Paris
Foreign Public Securities
Consol
Stsee
Saxony
Cesssses
City of Cologne
Munich
Augsburg
kfort-on-Main
City of Fron
Seeteees Teres
London
Lon- N
Atchison
St. Paul
Erie
Ie Erie
Illinois Central
Inion Pacific
U. S. Steel
Bank of Germany
Grain and Provisions
Chicago
Cvcceee
Csescree
Farmers’ Loan and Trust Company
William Street
Bishopsgate St
Within
Howard & Childs Company
Childe H. Childs
West Thirty-third Street
Herbert H. Childs
Augustus Childs
Decatur Street
Benson Mines Company
John K. Berry
Barcalo Manufacturing Company
Se “Ory
August Becker
Bufalo
Incorporated
New Jersey
Cfse
George C. Miller
Copartnership Notices
E. Greenfield
James M. Bessey
Lawson & CO
Fire Department OF
Sixty-seventh Street
Manhattan
Hugh Bonner
Fire Department
Bozoveh
Hugh Ronner
Department OF Street Cleaning
Park How
Borough of Brooklyn
Senate
Myor
George B. McClellan
Ticinas Ens
Manhettan
Pepal
Pier A
Battery
Department OF Docks and Ferries
Lars
Department OF Pocks and Ferries
Elock Poon
Ier A. Battery Place
Western
R. R. CO
Samuel Untermyer
William F. Harrity
Edward L. Fuller
George Cator
Fairfax 8S
Landstreet
QO. H. Smith
Col. Cedar & Nassau
Willard V
A. B. Hepburn
Howard Bayne
V.pres. & Treas
Park Terrell
Mgr. Bond Dept
ING
William H. Nichols
Langley W. Wiggin
David 8. Mills
John D. Barrett
Johnson & Higgins
Samuel G. Bayne
Seaboard Nat. Banke
B. Benedict
Sanker
Robert S. Bradley
Frederick H. Eaton
Am. Car and Foundry
James M. Gifford
Am. Ee Chemical Co
Henry Goldman
Sachs & Co
Pankers
ANK
Hastings
Indianapolis Gas Co
Chase Nat'l Bank
H. Huttig
Third Nat. Bank
Willard V. King
Anthony R. K
South Jersey Gas, Electric & O. Co
Joan R. McGinley
Pittsburg
J. W. Meener
O. R
William M. Nichols
General Chemical Co
Augustus G. Paine
Penn
WM. R. Peters
Peters, White & Co
Clarence W. Seamans
Hermann Sielcken
Grossman & Sieleken
Arthur Turnbull
Post & Flags
Jacob Wertheim
Wnited Cigar Mamif. Co
Arthur G. Yates
Buffalo
Rochester & Pitts
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!