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!
This newspaper page contains 21 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Nov 07, 1908
Page
9
The piece weighs market mood amid strong buying, broker caution, and hopes public interest will grow. It notes high call money rates and ample liquidity for speculation, with Steel common highlighted as a barometer and signs of possible pool-like activity. Bond traders face mixed signals as bond markets show steadier gains.
Francis W. Hirst editor of The London Economist spoke at Javemeyer Hall about The London Money Market During the 1907 Crisis. He debunked market idols and described gold convertibility, London as the key financial center, and the Bank of England’s rate hike drawing gold from Europe and elsewhere.
Bradstreet reports 205 U S failures in the week, down from 241 prior. Regional totals: Middle States 81, New England 18, Southern 53, Western 6, Northwestern 9, Far West 17, Territories 1, Canada 33. About 84 percent of failures had capital under 5 000, and 11 percent had 5 000 to 20 000.
London stocks moved higher on reassuring Franco German notes with gains across sectors led by foreigners and Paris buying. Copper and Rio Tinto advanced while cotton and American securities fluctuated. New York support helped lift prices later, and Berlin trading remained firm yet quiet.
A committee of Greene Consolidated Copper minority stockholders seeks 30 cents per share to finance an investigation into the company’s condition. They allege a discrepancy of 20 to 235 million dollars in reported assets. Greene Company remains a separate entity though Greene-Cananea holds most shares. After Greene-Cananea gained control they began trimming optimistic valuations of properties once promoted by Col. Greene.
Readjustment Committee of Westinghouse Manufacturing set for next Wednesday. Banking creditors have supplied 1,500,000 to fund the modified readjustment plan, expected to be ratified at the meeting. Company may return from receivers to stockholders by year end.
The retiring Allis-Chalmers officers were re-elected by Directors at a regular meeting. North American Company directors will begin a Monday inspection tour of Milwaukee and St. Louis properties. Maurice E A W Le Maitre of Havre and Rudoeipsh Weid of 82 Beaver Street join the Cotton Exchange. Wade & Co. dissolve partnership. Wade and Wade continue at 48 Exchange Place. Lehigh Valley Railroad appoints J F Maguire general manager succeeding M B Cutter who resigns. Cutter to join Iowa Central.
After a morning decline, May cotton futures hit a fresh high on reports Lancashire operators return Monday. The market closed steady with an 8 point gain. sales estimated at 350000 bales. Local spot prices rose five points with modest activity across Southern markets.
The coffee market opened steady and closed unchanged to slight gains amid 24 500 bags sold. Brazil faces a proposed Federal guarantee for Sao Paulo loan in Congress seen as boosting loan prospects. Rain persists in Sao Paulo with reports of too much moisture in Jahn district. Brazilian markets fall 70 reis. spot coffee quiet with No 7 or 9 grades mentioned.
Dun's Review summarizes nationwide conditions with renewed optimism in commerce. Seasonable weather boosted retail trade while manufacturing plants surged. several new undertakings started and orders for remote delivery rose. Textile mills remain strong and shoe factories show growing activity as prices trend upward for raw materials.
Inter-State Commerce Commissioner Prouty heard B D Caldwell vice president of the Lackawanna Railroad testify that rates were historically too low. He noted a 1899 raise then a 1900 adjustment from mountain and New Jersey points to restore fairness. Erie Auditor Blauvelt presented recent cost figures for construction and maintenance. Hearing resumes this morning.
Copper quotations rose again as demand stayed brisk. Lake copper sales closed in New England and abroad at 14.1 cents per pound, with Calumet and Hellla lifting asks to 14.5 cents though no sales were reported. New York agencies note business climbing toward 1907 spring levels.
The Lehigh Valley Railway announces J. F. Maguire will become General Manager to replace M. B. Cutter who resigns. Maguire, with five years at Lehigh Valley and prior Erie Railroad service, moves up from Superintendent of Transportation. Cutter takes over as General Manager of the Howley lines Iowa Central and Minneapolis & St. Louis.
A long list of districts and utilities across multiple states shows numerous items for bonds refunding school buildings water works and electric light projects. Entries include Baker County Oregon Baltimore County Maryland Fergus Falls Michigan Groton South Bend and more with references to school districts boards of education and public works projects.
The service outlines over 200 carefully chosen issues from municipal and railroad securities offered by a service corporation. It recommends conservative investments with prices yielding 3.54 to 6 percent.
The Hudson River Electric Power Company and subsidiaries face bond default on interest coupons. The bondholders committee, under a 1908 agreement, has deposited parent and subsidiary bonds and seeks a unified plan to avoid conflicts. Depositors may withdraw within ten days after 51 percent of similar bonds assent. deposits receive receipts from New England Trust Company, Standard Trust Company, and Fidelity Title & Trust Company.
A judgment for 20600 against Otto C Heinze Arthur P Heinze and Max H Sebnitzki on a $100000 check drawn October 11 1907 and not paid was entered in the County Clerk's office for the Italian American Trust Company following the firm Otto Heinze Co failed in October 1907.
Office of the Commissary Purchasing Agent invites sealed proposals for furnishing montioned lumber items. Proposals due by 2:00 PM November 14, 1908. Blank forms and full information available at 24 State Street New York. Wendell L Simpson Major 19th Infantry U S Army Commissary Purchasing Agent.
Notice of dissolution for Schindlar and Rosenberg cap manufacturers formerly at 11 West Sd St dissolved November 4. Business name Schindlar & Rosenberg & Son possibly dissolved with the firm.
Notice from the Gas Light and Coke Company of Chicago announcing a two and one half percent dividend on capital stock for Corey parable on November 25. details filed with records at term ends. signed LB A Wiley, Secretary.
Readers complain about difficulty finding The Times at newsstands. An ad suggests notifying dealers to leave copies at four residences each morning to prevent disappointments.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.