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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

May 22, 1908

Page

10

Foreign Gold Coins Sought for Bank Reserves

Article reports a movement to allow National banks to hold foreign gold coins in reserve, aligning with European practice. Supt. Foster supports a Treasury recommendation, backed by major city banks, to permit reserve holdings of foreign coins rather than melting them into bars for exchange.

United States Europe Foster France Germany Bank of France Bank of England Bank of Germany Russia Bank of Russia Newark

Boston Stock Market Quiet with Steady Close

Special to The New York Times from Boston on May 21 notes lighter trading volume and modest changes. North Butte and Utah Consolidated saw slight gains amid broad profit taking, with offerings absorbed. the day ended steady with no notable features.

New York Times Boston North Butte Utah Consolidated

Liberty National Bank of New York Report May 14 1908

The Liberty National Bank of New York reports its condition at close of business May 14 1908 with resources including U.S. bonds loans and discounts and deposits totaling over 22 million dollars and liabilities to state banks and trusted companies among others. The report is sworn by Cashier James V. Lott before a notary public in Queens County.

Liberty National Bank New York U. S U. E Uu.s U.S United States Jjeccoee State of County of New York Lot R James V. Lott Bartow Queens County New York and Kings Co KRB aeNeKe Monel i County of H. Powell National Bank H. H. Powell Chas. E. McCarthy Notary Public Mechanics’ Nat. Bank I. A. B. Hepburn A. B. Hepburn Fred L. Bates Kingsounty N. Y New York County Jas. J. Hill Geo F. Barr A. H. Wiggin Gallatin Nationl Bank George FE. Lewis G. E. Lewis H. L. Baynard Westchester County Enmemah Reese ST State County ‘of Arteur Kavanagh A. Kavanagh Edwin F. Carey County of New Markenet I Frank CO. Roe Frank 0. Roe C. E. Langdon Seaboard National Bank State of New York L. Charles C. Thompson C. C. Thompson Garfield National Bank New I Newell Ss. Swart Westcheste County Conditio Mercantile Nat. Bank Commere Spoual William Skinner Dick S. Ramsay Willis G. Nash The New York Times AW Informat Addison H. Day MO. W. Whiteley Attech T. Edward Burns Edward Burns Elbert A. Bennett Kings County Edwin ER. Day Epwin B. Day Warren S. Banks FE. A. Nas Lima FH Ci Corner Geo. T. Hay Adene W.L. Douglass W. L. Douglass E. Edgar Canwant Second National Bank Premovocra Ss. Ft Joseph S. Case J. S. Case William Johnston Notary Pubtis

National City Bank of New York May 1908 Condition Report

Report of the condition of the National City Bank of the City of New York at close of business May 1908. Resources include discounts secured and unsecured 144,398,016.30, loans and overdrafts, bonds, securities, U S bonds to secure circulation, banking house and furniture, due from banks, checks, and notes of other National banks totaling 3,798,449,? and total assets around 3,798,449,78.

National Bank OF New York New York U. S E. Banking House Eve Tan Bae U.S U. S&s Comirdod T. S Rand U Bank Chien Ea Ee Specia SOC Acce Ees LU. S Joe Se McCig Coal & Iron National Bank Ae Ge U. Otis East River National Bank Tl. S Bankeras Uae TU. S WU. S American Exchange National Bank U. Posits National Banke Ecital Customs Fund Rofeg Esas Cbeon Nic

Financial summary of multiple banks from 1908 statements

The document lists condition statements for several New York banks as of May 14 1908 including Gallatin National Bank East River National Bank Mercantile National Bank and The National City Bank of Brooklyn. It covers assets liabilities deposits profits and notes outstanding with sworn attestations by bank officials and notaries.

Smith and Holarn form copartnership on Wall Street

Elliott C. Smith and Frank P. Holarn establish a copartnership named Smith & Holarn with offices at 36 Wall Street. Holarn is a Stock Exchange member and John G. Lonsdale of Logan & Bryan plans a month long New Mexico trip, accompanied by A A Knowles of Mechanics National Bank. The Boston and Maine directors meeting was postponed due to President Tupple’s illness. The National Copier Bank marks its first year with deposits rising from 8.7 million to 17.0 million and total resources near 12.7 million, with capital 4 million and profits 361,537. In banking leadership, James G. Cannon of Fourth National Bank becomes president of Grounds of the New York State Banking Association. B H. Fancher of Fifth Avenue Bank named Secretary, and an executive committee is elected including Porter, Kilborn, Davison, Ferry, McGarrah, Wiggin, and Freeman.

Elliott C. Smith Frank P. Holarn Tupple National Copier Bank James “G. .Cannon Fourth National Bank Groun’8 New York State Banking Association B. H. Fancher Fifth Avenue Bank W. H. Porter Chemical National Bank Horace M

The Foreign Market May 21 London Paris Berlin Calcutta

The report notes money in decreased supply as banks call in supplies and discounts in London amid a firm finish except for American securities. Paris Bourse tone firm, Berlin opening firmer yet quiet, and Calcutta Bank of Bengal discounts reduced from 7 to 6 percent. Bar silver steady at 2411 16d per ounce. Money at 14 1/4 to 14 1/4 percent.

London Stock Exchange Paris New York Baltimore & Ohio Union Pacific Southern Pacific Calcutta Bank of Bengal

Bank of England weekly statement shows reserve shifts

London May 21 The Bank of England reports total reserve up 683000 while circulation falls 141000 bullion rises 542010 other securities down 48000 and other deposits down 390000 public deposits up 1086000 notes reserve up 588000 Government securities unchanged The reserve to liability ratio is 51.77 percent up from 51.12 percent last week.

London Bank of England

Bank of France weekly balance shows mixed shifts

Paris May 21 the weekly statement records a decline in notes in circulation by 58 025 000 francs while Treasury deposits rise by 32 350 000 francs and general deposits by 9 425 000 francs Gold in hand increases by 35 100 000 francs silver in hand by 3 750 000 francs Pills discounted fall by 56 350 000 francs and advances drop 4 275 000 francs.

Paris Bank of France Treasury

Japan Places Railroad Notes In London Deal

The Japanese financial agent in London has placed with financial houses notes for the South Manchurian railway totaling 2,000,000 pounds at 5 per cent, maturing in 1911. They will be issued to the public at 98.

Japan London

Local Exchange closing quotations in Colorado Springs

Closing quotations listed for several stocks in Colorado Springs on May 21. Elkton and Isabella show bids and asks, with Elkton at 56 14 and 57, Isabella 33% and 36, El Paso 57 and 49, Portland 100 and 102, Finding 20 25, Rawlings 7% and 9 14, Work 9% and 10%.

Car & F Balt. & Ae Brook R. Boe Do. Can. Pacific Es & Onlo Gt. West Wah Dist. Securities Erie E Rae Veces Erie 1St Pf Gt. North Inter Louis. & Nash Mo.Pacific Central Ied Norfh & West Pacific Pacific Mail Pennsylvania People's Gas Rep Steel BOY Rep. Steel Rock Island Pac - Bon Texas Pac Union Pac. Rubber S. Steel Wabash Pe Enee Oe Wabash Pf Atlanta Best & Belcher Blue Bell Cal Comstock Diamondfield Goldf'ld Jim Butler Ophir Facaenee Ontario Leprenakt Ya Bono Potosi Totopah Bel New York Times Colorado Springs Col Elkton Isabella el Paso Portland Rawlings

Stock Department Transactions Reported Yesterday

Principal stock market transactions listed with opening high low and last prices. Entries include Montrea? and Branch Mint with percentages and price figures such as 0.50 to 0.51, alongside quantities like 14,000 and specific cents values.

Stock Department of the Produce Exchange

Tidewater Note Issue Opens for Public Subscription

The 17 million five year Tidewater notes at 6 percent, placed by Redmond and Co and Equitable Trust, will be offered today. Applications already exceed the issue, but general allotment may be reduced. Some underwriters withdraw, reducing funds available. A 5 percent deposit will be required for further subscriptions. Old holders lose preference beyond 60 percent of current holdings.

Tidewater Redmond & Co Equitable Trust Ube

Cotton market ends firm after early decline on mill news

Bulls lift prices to a net advance as demand improves in the dry goods district. Upland and lint futures rise with May and December contracts near 9.50 to 9.60, while sales reach around 1 800 bales in New Orleans and Houston trading centers.

Fall River Leon Gulf New Orleans Houston Memphis Savannah Norfolk Augusta St . Galveston

Bank Officers Listed Amidst Ledger Totals

The document outlines capital stock surplus and profits and details officers such as Thomas T. Barr vice president Edgar V. B. Hegeman assistant cash, with a long ledger of figures and references to John 691,413.85 and 2,485,569,7889,847,978.17. Other named roles include Robert B. Woodward and G. Foster Smith alongside W. Seaman as assistant cash.

Edgar “. V Robert B. Woodward McDonald G. Foster Smith W. Seaman Cash

Also Mentioned on This Page

U. S. Treasury Boston Stock Market J. R N. E. Cat. Y Seattle Electric Western T. Oe SF Atchison Boston Elevated Boston & Albany Boston & Maine Mass, Electric West End New England Am. Ag. Chem Am. Ag. Chem. Pf Pneu Pneu. Pfe.se Col Fuel & Iron Fdison General Electric Mass Pullman Seattle Electric A Swift Wet Atte Reves United Fruit United Shoe Bove U. &. Steel Pf Seve Mining Amalgamated Bingham Eee Bae Boston &Corbin Aeility Coalitia Agra Arizona Heels Daly-West Esere Elm River Mexico Michigan North Butte Sheds Old Dominion Ahl Osceola Quincy Rhode Island Shannon Superior Copper Tamarack Trinity Cys Deere S. Smelting Union Copper Consolidated Exchange Total Bor Besse Siecle Eseres Slonewos Olga Cate Edward Townsend Henry R. Ickelhsimer T. D. Fletcher Chase National Bank Dwocearpyerwre Walt AN Francisco Kentucky Andes Weesee Steee Cnet Belcher Occidental Caledonia Potosi Sree Wee Savage Sierra Nevada St. Louis Cal & Vatees Imperial Ace of Union Crown Point Triah Gould & Curry Hale & Norcross Telegraph Tonopahr Goldfield BCLS Athena Kendall Case Golden Anchor Lone Star Ase May Queen Seees McNamara Mohawk Midway Red Hills Montana Ase Holst Ives Seeserene Tonopah Manhattan Oldfield Adams Bullfrog N. B Blue Bell Water Ee Homestake King Montgomery Mtn Daisy National City Bank OF New York Sidi Reports OF National Banks UU. S U. Ss PEAY Ted Gee Ali Gs Mearns O Pee Fe Ee Cco National Canan Vuitouecls-Altese Charles A. Pearbody W. Emlen Roosevelt Charles H. Tweed Attes WM. Rockefeller Henry C. Frick Edwin S. Marston Mno T. Willets NP. Palmer P. A. Rockefeller Eport Are . de S. G. Bayne, Lucius A. Cole, Frederick H. Eaton Ankers Treas Roedlus Cong Sap Accesso National Warner One den Alles David Banks, JR P. Chauncey Anderson Francis B. Griffin Onc Cane Eimai Pease National Banknetes Pecs Esia'kace GEO. Sheffield Anthony A. Lisman G. 0. Waterman Lesa Winika Ven Sea Ee Oy William .F. Dixon MO. T. Terry Dumont Clarke Brooklyn the National City Bane OF Clearing House Eds - Cee Chas T. Young Eugene Britton Henry M. Wells Ralph R. Wardell Ss. I Charles Olney Chas. Olney William Whittaker Kings Co Chas. D. Leverich G. L. Rive Herbert L. Griggs Battery Park National Bank OF New York eEarne Weg Dw Aes Ode Peer Canhkets Samuel Adams Charles T. Wills Thos D. Adams CRECM Directora U.g Financial Notes Berlin Lon- N.Y Don. Equiv Clos Ch'ge St . Ee Atchison Stevens Canadian Pacific Rfg Steel Pf Produce Exchange Nassau National Bank OF Brooklyn Hanges Lis Fair Finance Thomas W. Lawson
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