Wall Street Bears and Bulls Shuffle in Quiet Rally
The market ended the session with underlying strength as Amalgamated Copper led gains and gossip about copper improvements fueled optimism. Analysts noted questions about fundamental business conditions and political uncertainty, while one broker urged conservatism in a buoyant market despite perceived manipulation.
Treasury Receipts and Expenditures Reported Today
National bank notes for redemption amount to 1 55 801. Government receipts from internal revenue total 765 241. Customs 827 099. Miscellaneous 697 920. Expenditures total 2 170 000. Treasury begin of business shows reserve fund status.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Grain and Provisions Report of Wheat and Corn Markets
Reports from Kansas and Oklahoma show broken prices yesterday amid dull trading as conflicting crop- condition rumors spread. Spring wheat conditions improved in spots but blizzard talk from South Dakota eased mood, with 8 loads exported and seaboard wheat flour clearances at 291000 bushels. cash bids in New York ranged No 2 red 1.01 elevator 1.02 FOB and No 1 Northern 1.14. Corn held a narrow day with 12000 bushels clearances and 500000 interior receipts, No 2 corn at 75c elevator 69c FOB.
MENTIONED IN THIS ARTICLE
Kansas
Oklahoma
South Dakota
Seaboard
Budapest
New York
Northern
Duluth
Cotton Market Closes Down After Nervous Trading
Weak and irregular sessions push cotton lower with a 5 13 point decline in old crop prices though new crop held steady. Daily sales about 200,000 bales. reports show light receipts and larger exports, with Southern spot markets mixed and prices around 10.40 to 10.65 for key grades.
MENTIONED IN THIS ARTICLE
King
Canada
Gulf
Savannah
Charleston
Norfolk
St. Louis
Galveston
New Orleans
Memphis
Houston
Coffee Market Steady With Limited Trading Activity
The Coffea market showed little movement with prices opening unchanged to up six points and closing steady to five points higher. Trade was light with 8,500 bags sold while European and Brazilian markets remained unchanged and no new crop outlook news emerged. Rio No. 7 spot coffee held at 60. The local contract price range followed.
MENTIONED IN THIS ARTICLE
Coffea
Rio No. 7
Trading in Baltimore shows firmer market activity
The Baltimore local market closed firmer with transactions in bonds and stocks. Western Maryland first 4s rose on April interest payment strength, Seaboard Air Line 4s gained, and Union Railways issues edged up. Houston 611 common fell. Trading details include bond sales and quotes for several regional securities.
MENTIONED IN THIS ARTICLE
New York Times
Baltimore
Finv
Western Maryland First
Seaboard Air Line
Union Railways
Houston
Ala
Seaboard
Ike
Seab
Rianoke
Eaer
Western Mad
Norf
St. Ry. Ry. Be
United Rys
United Rys. Inc
Osk
Rogeatt, G& Omooses
Seaboard Co
Western. Md
Sachs
B. Catonsville
Mercantile Trust
Copper and metals rally on exchanges and rail party fares rise
Copper prices rose across markets with gains in London and New York while lead and spelter held steady. The London closing spot copper reached £01 7s 6d with futures £61 1%. In New York bids and asks for spot copper and other metals were reported, and the Southern Railway announced a new two cent per mile party rate for ten or more passengers.
MENTIONED IN THIS ARTICLE
Metal Exchange
London
Figtin
Standard Foundry
Middlesborough
New York Metal Exchange
Southern Railway
Southern
Financial notes from the New York market and company updates
Charles A. Morse & Co. plans new offices at 111 Broadway on April 20 while Joan Borg opens at 42 Broadway. Tennessee Copper Co. stock to rise on Tendon Exchange with sixty day settlement. New directors elected at American Ice Securities Co. Spencer Trask & Co. bankers tour Midwest to survey properties including Detroit Edison and Milwaukee Electric entities.
MENTIONED IN THIS ARTICLE
Charles A. Morse & Co
Broadway
Joan Borg
Stock Exchange House
Williamson & Squire
Tennessee Copper Company
Tendon Exchange
New York Cottonhanna
London
American Ice Securities Company
William A. Tucker
Louis G. Boissevain
Isaac Guggenheim
Charles M. Schwab
Spencer Trask, & Co
Cleveland
Detroit
Chicago
Milwaukee
Detroit Edison Company
Milwaukee Electric Railway & Light Company
Milwaukee Light, Heat & Traction Company
Cleveland Electric Dlominating Company
European Markets Report From London Paris and Berlin
March 27 market summary shows modest money supply in London with brisk demand and firm discounts. Consols and home rails buoyant. Union Pacific bond issue and government measures eyed. Paris Bourse firm at 87f 10c, Berlin steady but inactive with American securities softening on New York cues.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Union Pacific
New York
Canadian -Pacific
Paris
Berlin
Exchange
Conditions of Trade in Early Spring Retail and Industry
Bradstreet's reports the first week of spring shows some expansion in retail trade and building operations, yet conservative buying keeps overall trade below normal. Textile and industrial sectors are weak, coal demand softens, and collections lag. Dunn's notes gradual improvements in spring goods demand and leather industry gains, with West and South dispatches favorable though overall volume trails last year.
MENTIONED IN THIS ARTICLE
Bradstreet’s
Chicago
Dunn
New York Incorporates Multiple Companies in Albany
A list of recently incorporated firms in Albany includes Queens Borough Daily Dispatch Publishing Company in Jamaica with 100000 capital, Emphysl Bronze Company in New York with 100000 capital, Lion Mining Company in New York with 100000 capital, Klim Company in Liberty with 50000 capital, and several others across New York and New Jersey. Directors and addresses span Brooklyn, Long Island City, Plainfield, and Manhattan, detailing capital, locations, and named officers. An Increase in Capital for Wetzel Building from 1 to 150000 is noted along with attorney Frank N. Dodd of New York.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Queens Borough Daily Dispatch Publishing Company
Jamaica
S. 1
Capital
Neuville O. Fanning
South Beech Street
Richmond Hill
L. I
Matthew J. Murphy
Park Place
Brooklyn
Emphysl Bronze Company
New York
Thomas F. Adams
Halsey
Long Island City
Melvin G. Palliser
West Eighty-seventh Street
Lynn W. Thompson
Carlton Avenue
Plainfield
N. J
Louis Fl. Nealy
Milton J. McGibbon
Stephen W. Wells
Tilberty
N.Y. Clarine'’ Company
Buffalo
Erie _ County
Roscoe C. Long
Charles Colby
Perry Street
Carl W. Schultze
Anderson Place
National Centre Realty Company
New_ York
Jerome D. Stein
Prospect Park
John T. Duggy
Washington Avenue
Daniel PP. Davis
Hall Street
Standard Milk Flour Company
New_York
Marvin _F. Butler
John C. Sterling
Volney W- Mason, Jr
Franklin Street
Bayside Estates
Hancock Street
Wynkoop - Hallenbeck - Crawford Publishing Company
Harry C. Hallenbeck
James M. Holley
Ee J. A. Bailey
Pearl Street
Hartford Realty Company
Jacob Hirsh
Moritz Falkenan
Alfred Guthillig
West Seventy-third Street
Dividend Notices From Early 1908 Banking and rail firms
The Bowing Green Trust Company declares a five percent quarterly dividend payable April 1 1908 to stockholders of record March 2 1904 with transfer books closed March 2 1908 to April 2 1908. The United Gas Improvement Company declares two percent quarterly dividend payable April 15 1908 to stockholders of record March 31 1908. Toledo St Louis and Western Railroad coupons due April 1 1908 on First Mortgage 4% Bonds payable at No. 60 Wall Street New York City.
MENTIONED IN THIS ARTICLE
Bowling Green Trust Company
Broadway
New York
William M. Laws
United Gas Improvement Company
N. W
Broad & Arch Streets
Philadelphia
Penn
T.rwis Lillie
Toledo, ST. Louis. & Western Railroad Company
Wall Street
New York City
Jas
Steuart Mackie
Kansas City Southern By. Co
Broad St
R B. Sperry
New York and New Jersey Telephone Company
Willoughby Street
Brooklyn
Ford Huntington
Anniston
City Land Company
Alabama
W A Davis
Stewart Sugar Company
William Street
John S&s. Fiske
Thompson-Starrett Company
Sil Wall Street
H. D. Babbitt
the Market and Fuiton National Bank
T. J. Stevens
Minneapolis & St. Louis Railroad Co
Pacific Extension
Central Trust Company
F. H. Davis
Missouri, Kansas & Texas Railway Co
Parsons
Kansas
Missouri, Kansas & Texas Railway Company
Laws of Kansas
Adrian H. Joline
Co. N. Whitehead
American Malt Corporation
Exchange Place
Jersey City
N. J
J. C. McCune
Equitable Trust Company Report of Resources and Liabilities
The Equitable Trust Company of New York files its March 25, 1909 report listing total resources of 23,179,838.06 and deposits of 9,787,347.59. The statement details bonds and mortgages, securities, loans, overdrafts, cash items, and net accrued interest, with capital stock of 3,000,000 and substantial surpluses. Lawrence L. Gillespie and Frederick W. Fulle sign as vice president and treasurer, sworn before a Notary Public.
MENTIONED IN THIS ARTICLE
Eene Delsarte
United States
Associated Trust Companies
Times.s
New York State
Ted
State of New York
County of New York
Lawrence L. Gillespie
FREDERICK W._FULLE
Equitable Trust Company of New York
Nassau Street
City of
New York
Frederick W. Fulle
M. L. Havey
York County
Land Grant Bond Interest Notice for Detroit Mackinac Marquette
Detroit 1908 notice states one percent interest will be paid to registered holders of the Land Grant Bonds of the Detroit Mackinac and Marquette Railroad on April 6 1908 for six months ending March 31 1908. Transfer books close at Central Trust Company New York on the 80th inst and reopen 7th proximo. Blank orders available from the Trust Company.
MENTIONED IN THIS ARTICLE
Detroit
Mich
Detroit, Mackinac & Marquette Railroad Company
Central Trust Company
Wall Street
New York
Trust Company
Dividends Declared by Multiple Banks and Companies
A regular round of 1908 quarterly dividends is announced by banks and companies including Chatham National Bank, Irving National Exchange Bank, Garfield National Bank, Hanover National Bank, Fourth National Bank, Market and Fulton National Bank and others. Transfers books close around March 21 to April 1. various payable dates range April 1 to April 15 with stockholders of record named. Several directors elections notices follow, with meeting dates in April and stock transfer book closures.
MENTIONED IN THIS ARTICLE
Union Pacific Railroad Company
Galt Lake City
Utah
Pacific Railroad Company
Leavenworth, Kansas and Westeraway Company
Topeka and Northwestern Railroad Company
Book of Directors
Alex. Millar
Naval supply proposals due for yard New York contracts
Proposals arriving at the Bureau of Supplies and Accounts Washington DC must be received by 10:00 AM April 7 1908. Public opening follows to furnish at the navy yard New York a list of items including oxygen acetylene welding plant sheet cork oars treads and drills parts lamps copper tubing and related schedules. Proposals must indicate schedules by number with blanks available from the navy pay office New York or the Bureau. E P Rogers Paymaster General U S N.
MENTIONED IN THIS ARTICLE
Bureau of Supplies and Accounts
Navy Department
Washington
D. C
Navy Yard
New York
N. Y
Navy
Bureau
E.P. Rogers
Regular Auction Sale of Stocks and Bonds in New York
Auction listing by Adrian H. Muller & Son and Andrew J. McCormack of numerous securities. Items include railroad, bank, gas and electric, oil, and railroad bonds and stocks, held at 55 William Street and Vesey Street venues. Might concern trustees’ order. Auction scheduled for Wednesday April 1 1908 at 12 o'clock.
MENTIONED IN THIS ARTICLE
Andrew J. McCormack
Rocesent
Adrian H. Muller & Son
William ST
Exchange Salesroonds
Vesey Street
Merchants’ Exchange Nat'l Bank
People’s Home Realty
United Telephone & Telegraph Co
First National Bank
Railway& Automatic Sales Co
Oil Fields of Mexico Co
Suffolk Gas Co
Guanacev Tunnel Co
National Copper Bank
Chase National Bank
Lincoln Trust Co
St. Joseph & Grand Island Ry
Pitts, Gecesi & Lake Erle R. R
Southern
Louis Div
Walter A. Wood Mowing & Reaping Machine Co
North American Underwriting Co
State Bank
Century Realty Co
Kick Baking Co
Coin Exchange Bank
Northern Westchester Securities Co. Coll. Trust
Farmers Loan and Trust Co Fifth Avenue Branch Ad
The Fifth Avenue Branch at 475 Fifth Avenue near 41st Street offers Travelers Letters of Credit foreign money and express cheques and vault boxes for customers use.
MENTIONED IN THIS ARTICLE
Fifth Avenue
Farmers’ Loan and Trust Company
41St Street
Proposals Sought for Subsistence Stores and Granite Monument
The War Department invites sealed proposals from firms in duplicate for subsistence stores in New York City to be furnished as required before May 1908 with specifications in Circular No. 5. Proposals close April 6 1908. Separate notices seek triplicate bids for a granite monument on Crab Island Lake Champlain New York with public opening April 5 1908 at the Washington depot.
MENTIONED IN THIS ARTICLE
U. S. Army
Whitehall Street
New York City
War Department
Washington
A. Lu ©Mith
Quartermaster’s Department
Washington, D. C
Crab Island
Lake Champlain
New York
M. Gray Zalinski
Bank Financial Statement with Large Reserves and Profits
The document lists cash on hand and in banks, demand and time loans, bonds and mortgages, investments, real estate, and accrued interest due. It shows capital stock at 1.2 million, surplus and undivided profits around 13.2 million, deposits of 35.7 million, taxes and expenses reserve 253,815, and other reserves including receiver fees 400,000 and accrued interest due 580,741.52.
MENTIONED IN THIS ARTICLE
Cesta
Depositors Must Return Receipts to Reopen Accounts
Depositors who agreed to resume business must send the receipt from the depositary trust company by registered mail or present it in person to obtain certificates of deposit and Surplus Certificates Series A. If CDs are used, the receipt must be endorsed by the certificate. If a receipt was not received or is lost, holders must come in person to execute papers to receive the transferable certificate and draw against balance.
MENTIONED IN THIS ARTICLE
Lawson
As & Stockholders
Columbia Trust Company
Nassau St
New York
Also Mentioned on This Page
Amalgamated Copper
the Treasury
Nacional Banks
Philippine Vie
Pittsburg Transactions
Pittsburg
Central Dist
Print
Telegraph Ester
Union Switch
U. GB
Coservesee
Steel Pf
Euet
Pitteburg Brewing
Grain and Provisions
Ee Aera Park
Thurs
Wees
Aides Hs
Saori Ne
BSS
Deadeaee Ws
Metal Market Reports
Financial, Notes
Foreign Public Securities
Seecaereres
Ceceesereee
Saxony
Hamburg
Cologne
Munich
Augsburg
Enewseee
Frankfurt-O-M
N. Y Netdon
Equiv
Atchison
Pacific
St. Pau
Erie Eee Setewee
Erie
Central Senora
Louis & Nash
Y. Central
Pennsylvania Oe
Wetzel
Frank N. Dodd
West Fortieth Street
Arterly ‘Repor Equitable Trust
Company OF New York
Chatham National Bank
H. Strawn
Cashier
Irving National Exchange Bank
Benjamin F. Warner
Electric Storage Battery Company
Allegheny, Avenue and
19Th Street
Walter G. Henderson
Garfield National Bank
York
Charles H Patterson
Fourth National Bank of the
City of New
Hanover National Bank
City of New York
Elmer ¥. Whittaker
The
New York Life Insurance Company
Superintendent of Insurance
Eve York Life Insurance Company
Thempany
John C. McCall
Southern Pacific Company
Beechmont
Jefferson County
Kentucky
Lex. Millar
Bush Land Company
Broad Street
Borough of
Manhattan
Herbert Boughton
Bush Terminal Railroad Company
Borough of Manhattan
H. W. Greene
Bush Terminal Company
Washington Life Insurance
Visuar
Ae . B. van DE Water
Belmont Land Co
Bayside
H. Baldwin
Supreme Court
Knickerbocker Trust Company
Wesweee Eeat
Henry C. Frick
Myron T. Herrick
Lewis Cass Ledyard
Knickersbocker Trust Company
G. Louis Boissevain
Franklin 2. Brown
Dumont Clarke
Charles F. Hoffman
Hinsdill Parsons
Herbert L. Satterlee
Payne
Frederick G. Bourne
Edward H. Clark
J. Horace Harding
Charles H. Keep
Samuel T. Peters
Whitney
Yukon
J. Thomas Reinhardt
19 Exchange Pt
Boston
Mass
Broad St., WN. Y
Detroit, Toledo & Ironton Railway Company
Stockholders’ Protective Committee
Willard V. King
Evans R. Dick
E. L. Oppenheim
Fairman R. Dick
Paskus, Cohen, Lavelle & Gordon
Consolidated Steamship Lines
Equitable Trust Company of
Old Colony Trust Company of
Alvin W. Krech
Bondholders’ Protective Committee
A. R. Nicol
Alfred J. Kohn & GO
Alaska Mines
Cuccenheim Exploration
Dewitt P. Rosenheim
Rector
Broad
Union Pacific Railroad
Pany
Ferguson & CO
Frederick Daily & 60
St Wall ST