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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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%.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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