Wall Street Sees Shifts as Short Interest Roils Markets
Traders watched a volatile session with late gains after a morning pullback as short interest and bear activity influenced price movements. Amid debate over the Aldrich bill amendments, brokers warned that only clear premises would sustain a rally, with public scrutiny of banks and credit methods seen as inevitable.
Coffee Market Reports Small Trade Volume
The coffee market shows steady tone with only 18 000 bags sold yesterday and prices closing 5 points higher. Opening was unchanged to 5 points with Rilo No 7 at 6 percent. local market prices ranged within a narrow band.
Corn Products dividend cut due to food laws and losses
The Corn Products Refining Company reduced the annual preferred stock dividend from 7 to 5 percent after a $500,000 outlay tied to new food laws and weak year end business. Directors postpone a 2 percent dividend this year, citing conservative policy to protect long term stockholder interests.
MENTIONED IN THIS ARTICLE
Corn Products Refining Company
Corn Products Company
Steel trade men to meet discuss price maintenance
A group of steel trade representatives will convene in the city tomorrow to review current market conditions and consider reducing prices in certain lines to boost consumption. Trade circles yesterday doubted any price changes would be agreed upon.
Knickerbocker Trust doubles capital stock
Knickerbocker Trust Company filed with the Secretary of State in Albany a certificate increasing capital stock from 1.2 million to 2 million dollars. The filing confirms the authorized capital expansion and details the new total value.
MENTIONED IN THIS ARTICLE
Knickerbocker Trust Company
Albany
New York Firms Form Numerous Corporations in Albany
The New York Times reports multiple incorporations on March 17 in Albany. Names include Dr S Andral Kilmer & Co of Binghamton, Alfred N Smith Jewel Co of New York, and Ocean County firms like Sea Beach Hotel Co at Rockaway Beach LW. Other entities cover contracting, real estate, automative devices, and manufacturing with capital ranges from 1,000 to 2,000,000 dollars. Knickerbocker Trust augments capital to 2 million.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Dr. S. Andral Kilmer & Co
Binghamton
Broome County
Capital
S. Andral Kilmer
K. Palmer Randenbush
Thalas S. Kilmer
N.Y
Alfred N. Smith Jewel Company
New York
Franklin Blen
Hotel Westminster
William H. Vogell
Seventh Avenue
Thomas Adam
West 129Th Street
Hudson Counties Company
Emil Frankel
E. R. McGraw
Samuel M. Hitchcock
William Street
Brooklyn
Henry W. Gardner
Thirty-sixth Street
Charles Leonard
Exchange Place
William J. Snell
Gansevoort Street
Little Falls
Herkimer County
N. Y
Requa-Coles Company
Leonard F. Requa
West
Seventy-ninth Street
David H. Coles
MceDonough Street
Philip van Alstine
Spring Valley
Rockland County
Hardman Press
Herbert K. Saxes
Madison Avenue
Madison
N.J
William Wagner
Third Avenue
James H. Roy
Second Place
Pn Old Golony’ Timber and Lumber Company
Latti Peleh
Cobie Reich
Willett Street
Emanuel Klein
Broadway
Yazoo Mills
William R. Berryman
Nellie M. Berryman
George B. Marshall
West Broadway
Levy Operating Company
Wearing Apparel
Frank B. Arnold
West Forty-seventh Street
Gustave Meyer
Lexington Avenue
Benjamin Redler
Eldridge Street
Jacob Rosenthal
Benjamin Fein
Norfolk Street
Rosenfeld - Kissam Company
New _ York
Samuel Rosenfeld
Monroe Street
William, Goodman
Division Street
James B. Kissam
Riverdale Avenue
Yonkers
Westchester County
Strong Brook Land Company
Louis P. Rouquette
Laight Street
Henry M. V Connelly
West Seventy-fifth Street
William A. Burr
West 120Th Street
Seaside Plier Company
Rockaway Beach
Margaret Wainwright
Josephine Remsen
Sarah Tator
Jamaica
L. I
Manufacturers’ Trading Company
Charles J. Lieder
Atlantic Avenue
Franklin S. Faye
Russell
George Dietz
Central Avenue
City Land Development Company
Charles Steiger
West Forty-second Street
Henry M. W.connelly
Park Avenue
Daniel W. Lehing
East Ninety-first Street
Jacob Schnatz
Berry Street
George B. Tind
M. S. Vickery
Wall Street
F L. Long
World Building
New Word
European Markets Live With Mixed UK and Paris Signals
London money in moderate supply with firmer discounts amid rate uncertainty. Gilt-edged bonds soft due to money cost. consols rise in afternoon trade. American securities open near parity, dip on weak Wall Street, then recover marginally. Paris Bourse opens weaker, Berlin dull with prices easing on New York cues.
MENTIONED IN THIS ARTICLE
London
Bank of England
Stock Exchange
Paris
Wall Street
New York
Steel
Union Pacific
Berlin
Foreign public securities closing quotations
Yesterday's quotations show bid and asked prices for European state and municipal bonds and several U S stocks with notes on ex div or ex divi. Specific entries include Inger.-R pf 80 90 25 c. 1930. Power 25 40. Panama 28 103 103% ex div. Am. Exp. 1735 190. Lake Shore 275. and entries for M. St. L. Am. Snuff 150 240, and various railroad and industrial names with mixed bid and asked figures.
MENTIONED IN THIS ARTICLE
Ikk. Ae
Panama
Kan
C. So
Adams Exp
D. M
Am. Ag. C
Ee Attee
Lake Shore
Long Island
A HO & L. Mackay Cos
GOM
Am. L. Co
Mah. C. R
Ac A. L. Co
Man. Beach
MD. C. Pf
Am. Sm. Pf
Met. Bt. Ry
A. 3
M. & St. L. Am. Snuff
St. Fd
S. M. Am
Sug. R. DO Els Gunite
Nat
Enam
Santa Aneata Ee
Ann Arbor
N. Cent. C
Ann
M. Y
J. Tel
Pac. Coast
Bul'k Co
P. C
Canada
P. C. 2d
U. S Exp
U. Ry
U. Pf
Merde
UN. G
Ev. & TH
Vana. RR
UCR
Peo & E
Wernen
L. Pf
A. Pitts
C. Pf
TAS Lees
Bess Co
Chi
Alt
Quicksilver
R. Sec
E. I
Deen Ee
Gt. W. Ry
Soph Pais
Gt. W. Rd
Bos
ANG
C. G
W. d
Rens. & Sar
Bec
Cote St
St. L
S. W
A & Cc
St. L. S
Tex
St. L. Pf
Ow. I. U. Pac. Pf
Deak Tates
C. M. Pf
Consol. Coal
V.s CI Ev
T. H Va
C. & Coke
Fed. S. Pf
Gen. C. Co
Val. Detin
Wal. D. Pf
Avena BO
Wabash Pf
W.-F. Exp
Westingh
H.D
Hock. V. R
Ill
Central
Chicago Stocks Steady With Minor Shifts on Exchange
Chicago market notes a steady session with Diamond Match up fractions to 125 percent and Kansas City Railway & Light at 42. Swift slips to 96. American Can and Chicago Telephone listed, plus a US Circuit Court fine of $1,000 to Vermont Central Railroad for rebates on coffee shipments from Boston to the West. six counts to be quashed.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City Railway & Light
Swift
Chicago Pneu. Tool
Chicago Telephone
Chicago Title & Trust
Gees & Oak Park Blev
Chicago Subway
Commonwealth Edison
Illinois Brick
Kan. C. Ry. & Light
Cc. Ry. & Light Pf
Quaker Data Pf
Cere
Ba Hak
Witt & Co.v
Scersneers
Railroad
Holt
United States Circuit Court
Vermont Central Railroad Company
Grantin
Boston
Travelers Letter of Credit Office Locations Worldwide
A brief notice listing the Farmers' Loan and Trust Company offices in New York London Paris and the services offered. Bills of exchange cheques and cable transfers are available through the network.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
New York
Western Maryland Railroad Stockholders Urged to Deposit Now
A committee representing bondholders and stockholders urges deposits on the Western Maryland Railroad reorganization plan. Over 80 percent of bonds and about one third of stock are controlled by the committee, which seeks proper representation and permits withdrawal with charges if dissenting. Deposits should be made immediately via Bankers Trust Company in New York, with negotiations to quote deposit certificates on the New York Stock Exchange.
MENTIONED IN THIS ARTICLE
Aldrich
Washington
Finance Committee
Senate
Wall Street
Brotkers
Tillman
New York
Congress
Exchange
Tomas
Bankers Trust Company
City
Env
New York Stock Exchange
Elections and stockholder meetings listed in New York notices
Multiple notices set dates for annual elections of directors and stockholders. Meetings scheduled at Cedar Street Liberty Street Astor House and Greenwood Cemetery office with polls from midday to early afternoon. Secretaries c L Tyner Geo W Dewey J Howard Ashfield T Hood Muir oversee proceedings.
MENTIONED IN THIS ARTICLE
New York
Cedar St
F. M. c. L. Tyner
THE
Niagara Fire Insurance ' Company
Liberty Street
Geo. W. Dewey
Empire Title Guarantee Company
Astor House
Broadway
Barclay Street
Manhattan
J. Howard Ashfield
Illinois Central Directors Meet in New York After Election
Illinois Central directors convene for their first regular meeting in New York after Harriman backed candidates defeated Fish. The board will consider the financial plan the management has under contemplation.
MENTIONED IN THIS ARTICLE
Illinois Central
New York
E. H. Harriman
Stuyvesant Fish
Copper, tin and steel prices ease on London and New York markets
Copper prices held firm on the New York Metal Exchange while London spot and futures slipped. Tin weakened in London, dragging local prices lower. Lead and spelter were flat or up slightly in New York or unchanged in London as iron warrants quoted. Metropolitan Mortgage Receivership sees Douglas Robinson and Adrian Holme named receivers under the 1887 mortgage by the Metropolitan Street Railway and Guaranty Trust Company, bond set at $250,000.
MENTIONED IN THIS ARTICLE
New York
London
Standard Foundry
Middlesboro
New York Metal Exchange
Metropolitan Mortgage Receivership
Guaranty Trust Company
Lacombe
United States Circuit Court
Douglas Robinson
Adrian Holme
Metropolitan Street Railway Company
Valvona-Maruchiony Company
Copartnership
Valevona-Marchiony Company
Frank Marchiony
Antonio Valvona
Harry Croft
State of New York
City
Flarry Croft
Antoni Valvona
Antonin Valvona
Beari
Frank Marchiong
Katie Pan
City of New
Steel Trust Report Ready Friday
The United States Steel Corporation directors held their monthly meeting and approved the annual report. It will be ready for publication probably by Friday of this week. Only routine business was transacted.
MENTIONED IN THIS ARTICLE
Steel Trust
United States Steel Corporation
Regular Auction Sale of Stocks and Bonds 1908
Adrian H Muller & Son announce a public auction at 12 30 pm on Wednesday March 18 1908 at the Exchange Salesroom Vesey Street New York by order of executors and trustees covering a wide list of bonds preferred stocks and notes from Simpson Securities Co Union Typewriter Co First National Bank Yonkers and others with totals and maturities including Colorado Fuel & Iron American Ice and更多.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Adrian H. Muller & Son
William
Exchange
Vesey Street
Simpson Securities Co
Union Typewriter Co
Bank of Yonkers
Bank of Brooklyn
Sea Cliff Bank
Dominion Park Co., Limited
Colorado Fuel & Iron Co
American Ice Co
P. & Sky
Trust
Cin, Ham
Dayton Ry
P. cc
Cent. Trust Co
P. c
Mortgage & Security Co
Importers & Traders’ Natl. Bank
International Banking Corp
Evansville & Terre Haute
R. R. Com
Amsterdam
Natl
Federal Publishing Co
P. A Coli. Trust
Chio & Little Kanawha R. R
Pine Creek
New York
Greenwood Lake
R. R. Prior
Sharon Railway Co
North American Co. Coll Trust
P. O
Rio Grande Southern R. R. Jar
St. Louis
Iron Mt. & Southern R. R
Toledo, St. Louis & Western R. R
P. c. Eds
Title Insurance Co
N. Y
St. Jonene &Grand Island Ry
Atlantic Av. R. R
German Exchange Bank
United States Leather Co. Ye
Mutual Union Telegraph Co
Fairchild & Johnson Co
Century Realty _Co
Woods Realty Co
National Copper Bank
United A'ways Investment Co
Conover Building Co
International Elevating Co
South Brooklyn Saw Mill Co
Read Timber & Lumber Co., Limited
Broadway Trust Co
Tidewater & Western R. R. Isles
Peere. & Belle Vernon R. R
Provident Savings Life Assurance Society of
Merchants’ Exchange Natl. Bank
Atlantic Shore Line
Rf. Mtge
Rf. Mtge. 4P. c. Bus., 19 ° 26. 5 7 20 Shs. United Gas & Electric Co
Electric Boat Co
Rnegie Trust Co
Provident Savings Life Assurance So_ eiety of
N.Y
Carnegie Trust Co
W. H. Bundy Recording Co
Proposals for Post Office Department Supplies 1908
Sealed proposals will be received in Washington DC until 2 PM April 15 1908 for furnishing stationery and many related supplies for the Post Office Department and branches during fiscal year 1908 09. Blanks and instructions available from the Purchasing Agent Washington DC.
MENTIONED IN THIS ARTICLE
Post Office Department
Washington, D. C
Postal Service
Washington, DC
D. C
P. Grandfield
Chief Quartermaster’s Office
Atlanta
Fortsancas
Pickens
McKée
Dade and
de Soto
Key West Barracks
Fla
Fort Caswell
N. C
Fremont and Moultrie
8. C
McPherson
Oglethorpe
Screven
Fort Morgan
Ala
Jackson Barracks
Fort St. Philip
Sam Rones
Governor's Island
Department
U. S
INC
Pullman
West Point
N. Y
Ton
Fort Hancock
N. J
M. N. Falls
Fort Slocum
Fire Department
City OF New York
Sixty-seventh Street
Borough of Manhattan
AL Milan
Broonlyn
Queens
Emery Cinth
Hrooklynami Queens
Hugh Bonner
City Hall
Manhattan
John F. Ahearn
Borough of
City of
New York
Department OF Docks and Ferries
Sea City Record
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Seesee Eer Ee Oe
Eve Ees Oe
Seederer
Ee Verwree Ve
San Francisco
Alpha
Norcross
Andes
Belcher
Best & Belcher
Caledonia
Ophir
Chollar
Seve
Potosi
Eeeweeers
Savage Sense
Confidence & V
Sierra Nevada
Union
Esense
Imperial Crown Point
Utah
Suveness
Gould & Curry
Telegraph
Tonopah
Belmont Eeencace
Kendallee
Lone Star
Jim Butler
Ccesce
McNamara
Sandstorm
Sandstorm Eeveeaee 9 .Dway ‘ —O S.eeee .30 Atana Gesieren Spre 1. Ta St. Ives
Tulapah Ces
Samy Ping Jack Sowee
Bullfrog
Blue Bellareee
Montgomery
Diamondfield
Knickerbocker
Avies, Stone & Auerbach
Nassau Street
Santa Clara Lumber Company
Frederick D. Soper
Rector “Street
Consol
Esseenceveress
Seer
Saxony
Hamburg
Etree Asere
Cologne
Ceesseess
Munich
C.ceescege
City of Augsburg
City of Frankfort
O-M. Blos
Lon- N. Y. N.Y
Don. Equiv
Close. Ch'ge
Anaconda
Atchisonene Nee
Pacific
Seau
Erie
Sac
Louis, & Nash
N. .Y. Central
Pennsylvania
S. Steel Oat
U. S. Steel
Chicago Stock Market
Bishopegate St
Within
Thomas T. Barr
Samuel W. Boocock
George W. Chauncey
William N. Dykman
William Hester
Francis L. Hine
Brooklyn Trust Company
Montague St
Bedford Ave
Fulton St
Wall St
William A. Jamis
Frank Lyman Willis L. Ogden
Joseph E. Owens
John J. Pierrepo
Charles M. Pratt
Theodore *. Miller
George G. Reynolds
Charlies A. Schiéren
Edward M. Shepard
J. H. Walbrid
Alexander M. White
D. Wood
Western Maryland Railroad CO
Samuel Untermyer
H. Smith
New York City
Tefft-Weller Company
George H. Clarke
Benjamin F. Werner
Aarlem Railroad Company
M. S. Larger
Fourth National Bank
Charles H. Patterson
United Gas Improvement Company
N. W. Cor
Broad & Arch Streets
Philadelphia
Penn
Tewis Lillid
United States Steel Eel Corpora
Richard Trimble
Title Guarantee and Trust Company
Arthur Terry
James L. Morgan
Trust Company OF America
Wall Street, New York
Gresham ST
LonDon, E. C
Morton Trust Company
Cguardian
Minesco. OF America
Oscar Bamberger
Broad Street
Beekman
Wall Street Journal
the Home Insurance Company
Cedar Street
Greenwood Cemetery
T. Hood Muir
Illinois Central Meeting
Metal Market Reports
Ce Ciscvenans
Eeseeee
Ledger
Pier A
Battery Place
Forty-sixth Street
Flist Avenue
Scammell Street
Water
Cherry
Twelfth Avenue
Fourteenth Street
Ship Canal Bridge
Eighteenth Street
Ninth Avenue
Eighteenth Streets
Post Avenue
Academy Street
Tenth Avenue
Setman Avenue
Academy Emerson
Department OF Health
Fifty-Fifth Street
Sixth Avenue
Board of Health
Otisville
Orange County
Thomas Darlington
Alwah H. Doty
Theodore
Bingham
Department OF Parks
Arsenal Building
Sixty-Yourth Street
BW York
Park Board
Borough of the Bronx
Doreough
Bronx
Henry Osmithn
Joseph I. Berry Michael J. Kennedy
Department OF Correction
East Twentieth Street
Commissioner of Correction
John V. Coggey
Meseh