Wall Street Steel Strength Surfaces Amid Mixed Trading
Persistent steel stock gains fueled by expected robust earnings for the September quarter. News on Union Pacific Reading and Pennsylvania cash sales sparked rumors of distress and bankruptcy actions, while Trinity Copper expands its shareholder base. Illinois Central pins hopes on increased traffic as Ol cars and freight volumes rise. Amoskeag reports strong June sales and ongoing cost cuts. Atchison declares a 14 percent dividend as Victor Morawetz resigns from leadership, Walker Hines named interim chairman.
MENTIONED IN THIS ARTICLE
Union Pacific
Reading
Pennsylvania
Stock Exchange
Atchison
Victor Morawetz
Walker D. Hines
Morowetz
Financial
Grain and Provisions Market Update
Wheat receipts in the Northwest rose with prices edging higher by a cent. Export demand was fair with about twenty loads reported. No 1 Northern Duluth at 1.11 1 2 dollars and No 2 Hard Winter near 1.08. Corn moved light as government data boosted bullish sentiment and Liverpool prices rose. in New York options closed around 84 1 2 cents a bushel. Gold and silver reserve funds shown. total trust funds for redeeming outstanding certificates listed at 150 million. various federal and treasury totals noted with reimbursement awaiting.
MENTIONED IN THIS ARTICLE
Northwest
Goring
New York
Duluth
Liverpool
Gol Coir
Seece
Lisson
National Banka
Appine Treasury
New
York
Chicago
Danavery Ence
the Treasury
Washington
Treasury
Crop report shows rise in WHBA grain production figures
The Department of Agriculture reports Oct 1 corn at 77.8 percent, spring wheat 88.1 percent quality with 233.0 million bushels, total spring and winter wheat about 659.0 million bushels, oats 789,161,000 bushels. Yields per acre for corn and oats are 24.9 and 78 percent quality, respectively, with state figures for North Dakota Minnesota Iowa Nebraska Kansas and others.
MENTIONED IN THIS ARTICLE
NGTON
Department of Agriculture
Los Illinois
Iowa
Texas
Missouri
Nebraska
Kansas
Oklahoma
Indiana
Georgia
Ohio
Kenucky
Tennessee
Alabama
North Carolina
Arkansas
Mississipp
North Dakota
Minnesota
South Dakota
Washington
Illinois
Wisconsin
Michigan
New York
Pennsylvania
World wheat crop outlook cited by European report
A U.S. agriculture bulletin notes Europe may face a shortfall of about 18 million bushels of wheat. Hungary shows declines, France may cover its needs, while Eastern Europe and Argentina, India, and Australia report generally favorable prospects for midseason harvests.
MENTIONED IN THIS ARTICLE
Washington
ID. C
Department of Agriculture
Ministry of Agriculture
Europe
France
Securities Sold At Auction By Muller & Sons
Securities were auctioned by Adrian H. Muller & Sons. Items included United Shoe Machinery Company shares, Brooklyn City Railroad, Importers and Traders National Bank, Market and Fulton National Bank, American Cotton Oil Company stock, Title Guarantee and Trust, Northern Pacific Great Northern bonds, Chicago Burlington and Quincy bonds, Brooklyn Union Gas bonds, Union Ferry Company bonds, New York Law Institute, Lawrence Harbor Land and Improvement first mortgage bonds, Ferris Avenue Realty, Long Island Bond and Mortgage Guarantee, Londonderry Iron and Mining first mortgage bonds, Columbia Trust, Phenix National Bank, Carnegie Trust, and Louisville and Nashville Railway stock and bonds. The Louisville meeting elected directors. President Smith outlined operations and reported gross earnings of 44,620,281 with a prior-year decrease, net earnings after expenses and taxes were stated.
MENTIONED IN THIS ARTICLE
Adrian H. Muller & Sons
Cartess and Mortgage Guarantee Company
United Shoe Machinery Corporation
Tne
Brooklyn City Railroad Company
National
Fulton National Bank
American Cotton Oil Company, Com
American Cotton Oil Company
Chicago, Burlington & Quincy
Brooklyn Union Gas Company 8
Wrence Harbor Land and Improveent Company
Columbia Trust Company
Ferris Avenue Realty Company
Long Island Bond and Mortgage Guarantee Company
Londonderry Iron and Mining Company, Ltd
Louisville and Nashville
Louisville
Smith
Markets Hold Steady as Balkans Unsettle Trade
European markets were quiet with firmer discounts and uncertain futures on the London Stock Exchange as Balkans tensions unsettled prices. Consols rose late while American securities held near parity. Paris and Berlin saw brief rallies followed by weak close amid Servian news and regional anxiety.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Balkans
Paris
New York
Erie
Berlin
British Imports Rise and Exports Fall in September
The Board of Trade report shows a $15,463,500 rise in imports and a $17,675,500 drop in exports for September. Increases are led by food and drink purchases, while exports decline mainly in manufactured cotton, wool, and textiles.
MENTIONED IN THIS ARTICLE
London
Board of Trade
Old Dominion Leads Opening Market Surge
Boston trading opened with Old Dominion as the principal feature, more than 1,000 shares exchanged in the first fifteen minutes, the stock ending up 2 points. Arizona Commercial and Parrott were also active, each gaining a couple of points, with the session closing steady and no large sell orders in sight.
MENTIONED IN THIS ARTICLE
Boston
Old Dominion
Arizona Commercial
Parrott
Cotton Market Ends With Modest Gains After Mixed Trade
Cotton futures rose slightly and closed steady amid frost fears and optimism on Labor troubles. New England bids were rejected, with about 175000 bales traded. spot markets showed gains across several ports including Houston Galveston New Orleans and Savannah with varied sales totals.
MENTIONED IN THIS ARTICLE
Landasiire
New England Mills
Nice
Gulf
Houston
Galveston
New Orleans
Memphis
Mobile
Savannah
Norfolk -Steady
Augusta
Weather forecast for cotton and grain states
Forecast from the United States Weather Bureau for Thursday and Friday in cotton and grain states. North and South Carolina Georgia: fair with light to fresh variable winds. Alabama Mississippi and Quitiana: fair with light to fresh northerly winds. Texas Oklahoma: fair Thursday and Friday. Ohio: fair and cooler Thursday and Friday with fresh northwesterly winds. Indiana Illinois Michigan Wisconsin Minnesota: fair Thursday and Friday with light to fresh variable winds. Iowa Missouri: fair Thursday and Friday warmer Friday. North and South Dakota Nebraska Kansas: fair Thursday and Friday with rising temperature. Utah and Arkansas: fair Thursday and Friday.
MENTIONED IN THIS ARTICLE
New York Times
Washington
United States Weather Bureau
North
South Carolina
Georgia
Alabama
Mississippi
Ouitiana
Texas
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Missouri
South Dakota
Nebraska
Kansas
Utah
Arkansas
Iron and steel notes show September production gains
The Iron and Steel notes report September pig iron output rising to 1.419 million tons with daily rates up to 48 000 plus as steel works and merchant furnaces contribute 933 350 and 485 500 tons respectively. Export orders rise including Canada structural material and Burmah oil pipe sales, while Chicago district orders surge 30 percent notes.
MENTIONED IN THIS ARTICLE
Iron Abh
Steel Works
Canada
Iron Trade Review
Chicago
Crucible Steel Shows Loss And Yearly Profit Despite Decline
The Crucible Steel Company reports a loss from November 1 to June 30 but shows an operating profit of 129 206 for the year. Inventory writedowns yield a net year loss of 520 024. Orders fell early in the year and only recently improved. unfilled contracts on August 31, 1908 total 72 984 tons versus 101 tons in 1907, a notable drop.
MENTIONED IN THIS ARTICLE
Crucible Steel Company
Half Million Shoe Firm Bartels Thelen & Co Assigns
Boston firm Bartels Thelen and Co shoe manufacturers by general assignment for creditors liabilities estimated at 400000 to 500000, assets unknown, employing 600 workers in Boston and Chelsea.
MENTIONED IN THIS ARTICLE
Bartels, Thelen & Co
Boston
Chelsea
Mass
Metal market movers slip on London Copper decline
Metal prices eased on the London Metal Exchange with copper down 3s 9d from Tuesday, spot at £59 18s 9d and futures at £60 10s. Pig tin held firm at £134 5s spot and £135 15s futures while spelter rose to £13 1s 3d. warrants remained heavy for standard foundry and Middlesboro, copper bids and asks also shown for New York market.
MENTIONED IN THIS ARTICLE
London Metal Exchange
Standrd Foundry
Middlesboro
Newark Metal Exchange
Colorado mining stocks closing quotations
Colorado Springs market notes show closing quotations on the local Exchange with bids and asks for several mining stocks. Isabella, Dante, McKinney, Elkton, Portland, Paso and others are listed with last prices and bid/ask ranges.
MENTIONED IN THIS ARTICLE
New York Times
Colorado Springs
Col
Isabella
Dante
McKinney
Elkton
Portland
Paso
Bonds Drawn for Payment by Houston and Texas Central Co
Notice announces the drawing for payment of First Mortgage Bonds by the Houston and Texas Central Company. Proceeds from land sales, under a 1890 trust indenture with Frederic P. Olcott and The Central Trust Co of New York, were used to retire bonds at 110 percent of par plus accrued interest. Distinguishing bond numbers drawn are listed.
MENTIONED IN THIS ARTICLE
Houston & Texas Central First Mortgage
Houston & Texas Central Railroad Company
Frederic P. Olcott
Central Trust Company of New York
Southern Pacific Company
Houston & Texas Con Company
Broadway
New York
Seaboard Bondholders urged to join September 1908 deposit plan
The Deposit Agreement with The Standard Trust Company of New York deposits must be made by October 20 1908. Bonds in negotiable form and subsequent coupons should be delivered to Standard Trust Company or its agent Bank of Scotland in Edinburgh or London. Copies available from the Depositary or undersigned committee members.
MENTIONED IN THIS ARTICLE
Standard Trust Company of
New York
Standard Trust Company of New York
Broad Street
New York City
Bank of Scotland
City of Edinburgh
City of London
Ated
M Salomon
P. On Morton
Benjamin S. Guinness
Frederick J. Lisman
Meeting of Union Pacific Reorganization and Mortgage Vote
A notice for a stockholders meeting of The Union Pacific Railway Company to elect directors approve the First Lien and Refunding Mortgage and related actions. The meeting, at Lake City Neb, cites bond amounts up to 200,900,000 and stock transfer books to close and reopen for vote on officers and trustee terms.
MENTIONED IN THIS ARTICLE
Detinning Company
Charles P. Hull
New York
Lindley H. Hill
Broaji
Union Pacific Reileeaud
Utah
Trustespany
Mercantile ‘Trust Company
Rustea
Sair
South Omaha P and Western Balroad Company
Nebraska
Cnay
Hesard
Stockholders Meetings For Railroads From 1908 Notices
Notices announce annual stockholder meetings for multiple rail companies including Toledo Stouts Western, National Railroad Company of Mexico, Oregon Short Line, and Chicago St Louis among others. Details cover dates in October 1908, meeting times, election of directors, transfer book closings, and official locations in New York Salt Lake City Manhattan and Frankfort Indiana.
MENTIONED IN THIS ARTICLE
Toledo, ST. Touts & Western Railroad Company
Ual
Toindaghi Louis & Western Railroad Company
Frankfort
Clinton County
Indiana
Willl
Stewart Mackie
feer@tary
New York
National Railroad Company OF Mexico
Nath AL Railroad Company OF Mexico
Salts Lake City
Utah
Srassant
Ontehera Thos
Poart Attireetor
Bashfort
Sistant
Wall Street
Nolce
Oregon Short Line Railroad CO
Annal
Oregon Short Lite Mathead
Salt Lake
Chtoom Wed
Edock A. ML
St Cpholders
Manhattan
Wilt Tame
Eocidtr
Ot &T Luke’s Hospital
St. Luke's Hospital
Cathedral Heights
Borough of Manhattan
City of New York
P. M. Hoffman Miller
Also Mentioned on This Page
Trinity Copper
Illinois Central
J. T. Harahan
Harahan
Hich
Associated Merchants
Busines Mercantile World
Connectio
Amoskefacturing
Portant Concern
Eloth
Grain and Provisions
Hungary
Balaria
Argentina
India
Australia
Balkan
Louis & Nash
N. Y. Central
Soo Pacific
Union Pacific Beeen
S. Steel
G. S. Steel
Foreign Public Securities
Consol
Aveereeeene
Cologne
Munich
Ceccseseee- DB
City of
Augsburg
Vienna
City of Frankfort-on-Main
French Rente &S
S. d
Camp Bird
Esperanza
Dolores
Tomboy
el Oro
Stratton’s Ind
Boston Stock Market
Arizona
Be & Joint
Lpston
Boston & Albany
Boston & Maine Weces
Boston & Providence
Fitchburg
West End
New England
Woolen Pf
Edison Wee Ee
Ry. & Electric
gRayers
Mergenthaler N. E
Pullman Berees
United Fruit
United Shoe
Greene-Cananea
Isle - Royale
Lake Sae
Das la Salle
Mexico
Miami
North Butte
Eheware
Rhode Island
Shannon
S. Smelting
United Copper
Ea Ae
Utah Apex
Teeta Esa
Utah Copper
Sete Ee Eensaee
Victoria
Winona Eeemerereere Tees
Wolverine Ee
Wyandotte Weer
Pittsburg
Penn
Ey Law
Crucible Steel Eacece
Oe Steel
Tnaceeaaent
Ohio Fuel
Pittsburg Brewing
Pittsburg Brewin Ae
Pittsburg Consol
River
Coos
jGabie
Tonopah
Westinghouse A
Westinghouse
Phita
Specialisan
Francisco
Cal
Aplha
Fale & Nordrose
Xote Seisosar
Belcher
Kentucky
Best & Belcher
la Wash
Bullion
Caledonia
Overman
Weet Wees
Potosi
Ree Saeens
Savage
Chollar
Confidence Ee
Sag Belcher
Cal Rearnt
Sierra Nevada
Imperial
Union
Crown Point
Gould & Curr
Goldfield C. Mines
Belmont Non
Jim Butler
A McNamara Sane
Kendall
Midway
Lone Star
Aeae
Montana Tie Ward Saison Aerc Pemets
Stes Bane
Sandstorm Wheeesae
Ives
Fiel Ullfrog
Dams Sereeslens
Bullfrog
Atlanta- Ce Ee
Bullfrog Nat Banke
Montgomery Min
Mamondfield
Che
Dhe
Iron and Steel Notes
Metal Market Reports
Colorado
Age Ry. & Electric Co
Bangor
Bangor Railway & Electric Co
Ellsworth
Bar Harbor
Mt. Desert Island
Roar 5
Pendbscot
Union Rivers
Old Town
State of Man
Amgs
Trus
State Street
Perry, Ae & Burr
Spencer Trask & Co
Will & Pine
Kansas City Southern Railway
R. B. Sperry
Tot Produce Nee Bank
New York Produce Exchange Bank
Pey
John R. Wood
MT. Morris Bank OF
New Yo
General Depot
Quartermaster’s Department
Washington, D. C
San Juan
Porto Rico
P. R
United States
M. Gray Zalinski
U.S. 4
Dayton Union Railway Company
Cincinnati
KF. M. Carter
S. S. Lusitania
West
Dean
Times Square
Lawyers Title Insurance& Trust Company
Brooklyn
Ent & Trust and Bankine Department
Montague Street
David B. Ogden
Edwin W. Coggeshall
Louis V. Bright
Perberd
Joason
Courttroiler
Thorwald Stallknecht
Valrieg AN
Archibald Forbes
Treasu
Yet Nan Pek George
A. F. Frederick D
Asst
Seerttarties
Geo. F. Peteea
Unmont Clarke, Dwin W. Coggeshall
William P. Dixon
Sulian ‘D. Fairchild
John T Beyry James
Lockman, Morghnthatg, Ni Wallace
Hornblower &Weeks
Houston & Texas Central — Co
Lovett
Seaboard Air Line Railway
Atlanta
Birmingham First Mortgage
Frederick B. van Vorst
M. V. Weyant
Seaboard Air Line
Circuit Court of the United States
District of
Virginia
NEW York Trust Company
Continental Trust Company
H. W. Morse
Uptown
New York Stock Exchange House
P. O
Union Pacific Railroad Company
Thomas H. McCune
Care Commercial Union Assurance Co
William St
Secretary of State
Albany
James L. Whalen
Dallas
L. F
Union Pacific 82S'Road Company
Kionters
Lake Cite
Alex. Millar
Iseues, N.Y
Sr Hygienie Institute
Iy Fifth Av
Mierwen
Clertei
Detetier Loth
Thirarhis
Georg JT
Cleveland
Chica Louis Railway
Herchy
Hirago & St. Lowis
Cam Y
Wwe
THE
AN Wv
Erreil’s F Cieering Tom and Labs Pheer Te Helt
New Fock
Elary
Melpine Itrondients
Siar
Weinnessias
Neethiun
Rheian Sabarrin
Anil Pelil
Yo & St
Thar
Sual Mert
Farnd
Mmapas
Bryazhe
Reinzy
Ruikshank
Weintsat Liso
Tepetary
eCcretary